Bancorp International Group Inc (fka BCIT)

[mberto]

This is why the Brokers Must Pay



To say the broker/MM's didn't know is bull.


The broker/MM's don't trade anything they don't know the share count of.If the issued shares were 29 million according to pink sheets and the company didn't have a transfer agent then the broker/MM's were certain to know that there were bogus shares in the market because they didn't declare any short interest.There people would have been in touch with the company in May and would have found out that the float was only one million.I will bet that Megas has evidence to this effect.


What I don't like is that I bought when Megas put news out the companies stock was undervalued.I sold about a week later because I had seen other companies saying this to gain interest so they could dilute.This was not the case but I blame Megas for my sale because he had information that showed the real reason the stock was undervalued at the time.