Bancorp International Group Inc (fka BCIT)

[janice shell]

Its funny is it not, that when you look back at the posts on this board in early 2005 they were really extolling the virtues of this stock.

That was when they thought it was going to become Carter Care, and hadn't yet realized Pino was involved.

The trading volumes just wet through the roof yet non of these brokers every stopped to do any DD and say "are we exposing ourselves or our clients"

No, they didn't. And that was really stupid. But not criminal.

But the question that keeps cropping up is where were the regulators when all this was happening?

BCIT was just one of about 10,000 active penny stocks. They can't follow them all day to day. Of course, Megas could have told them there was something wrong, but he didn't get around to that till the end of July, after having unsuccessfully dickered with Pino for months.