In reality, is BCIT really anything more than a shell as it sits today? I don't think so. Pretty hard (not imposible)for a shell to be BK. This was corp shell which Megas used to his convience. And had he not been ready to use it again, this fraud may still be going on. I really do not expect an open buy in. Far to many dollars at stake here. Believe me for the most part this will be worked out behind closed doors. with a little luck we will recieve a pittence for our time and trouble, and the mm's/brokers will smile and take a deep sigh of relief.
To many powerful dollars involved. they are not going to allow this to run to what could cost between $500,000,000.00
and a billion plus dollars. just isn't going to happen.
I look for a negociated buy back at .10 or less.
But as I said, I am anxiously awaiting the 15, just to see.