Bancorp International Group Inc (fka BCIT)

[jb1967lbk]

You know, Pino & Thompson didn't launch this fraud in a vacuum. Turns out the company's management has some culpability here as well:

http://sec.gov/Archives/edgar/data/1076779/000117266506000072/form8k.txt

"In the Civil Litigation the Company alleged that Mr. Pino individually and through various affiliated entities and co-conspirators, including the Wall Street Group, L.L.C., prepared or possessed 20 or more common stock certificates purportedly representing 235,000,000 common stock shares of the Company, the previously referred to Wrongfully Issued Shares, that were distributed to various individuals and entities, including the other Defendants. Capital Growth Financial, L.L.C. and JH Darbie & Co. intervened in the Civil Litigation (the "Intervenors") and alleged that the Company negligently hired the Defendants and negligently supervised their actions and activities, and asserted Oklahoma and federal securities fraud and failure-to-register claims against the Defendants and the Company."

Now how did it come to be that Pino was subject to supervision by BCIT?