Bancorp International Group Inc (fka BCIT)

[wildbill]

Posted by: stocktoastcrunch
In reply to: Pennimon who wrote msg# 19365
Date:8/31/2005 2:22:53 PM
Post #of 20705

Corbalis was executed to perfection - note that you cannot JUST change a SYMBOL & CUSIP to correct those naked shorted SHAREs. That is NOT enough, and the mm's dont care if you just change a symbol & cusip. Because so what - they change the symbol & cusip and that's it - it is all done electronically by the brokerage houses - just a computer 'event.' This is far from adequate to cause a true squeeze that will be monumental. And this alone won't guarantee a real CORRECTION/ADJUSTMENT/RISE in the stock price. Probably all of us have seen this kind of thing where a cusip/symbol change event was announced and executed - hoping for a squeeze - and it did not happen. Why? Because they did not execute a full MANDATORY SHARE CERTIFICATE EXCHANGE with exact instructions and a FINITE timetable/deadline. And after that deadline, your old SHAREs are locked out and rendered worthless.
CORBALIS' s MANDATORY SHARE CERTIFICATE EXCHANGE with a FINITE window for exchange is the TEMPLATE THAT BCIT MUST FOLLOW TO THE LETTER - not skipping any steps. IF they do this exactly, we will see a huge victory. And there are other things beyond this that Megas & BCIT can do as well, including a dividend, and hopefully soon a reverse merger.