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Re: mastaflash post# 151206

Wednesday, 04/25/2012 2:27:47 PM

Wednesday, April 25, 2012 2:27:47 PM

Post# of 159752
On the contrary, there have been plenty of revoked issues over the years that had "fails" outstanding prior to revocation. If the underlying shares have no value, those "fails" ultimately get ignored.

Ultimately, it's going to be up to Megas to demonstrate that BCIT shares have value. And he's not going to accomplish that with a Chinese fire drill of a share exchange. He needs to get his shares re-registered. Unfortunately, even a Form 211 back door to get on the pinksheets again is probably out of the question as FINRA is not going to issue a symbol for a blank check company.

"The penny stock investor may be the most dangerous creature in the investment world, at least to himself.[...]His hypocrisy becomes most apparent when he then blames his losses on the greed of others." Robert C. Dugan, Director - JRM Capital

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