Bancorp International Group Inc (fka BCIT)

[Churak]

essentially, raised the authorized, issued the shares pursuant to the due bills that had to be covered by an insider in a class other than the other insider shareholders & instead were covered by the company and then reverse split the common shareholder back to where they were prior to the forward split. A greedy insider sold 138,000 shares that he didn't have that pursuant to dividend rules, each had a forward split attached to them of 3 million to one. Company bailed him out & reorganized company into several classes of shares without shareholder approval.