Bancorp International Group Inc (fka BCIT)

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Brokerages sold shares before and continued to sell for 2 weeks after the DTC Memo...until it was halted and they could sell no more.

Can you say SWINDLE?

Here is the wording of the DTCC notice:

The Depository Trust Company

IMPORTANT

B#: 8418
DATE: August 16, 2005
TO: All Participants, Depository Facilities, and Pledgee Banks
CATEGORY: Operations
FROM: Michael Tulaney, Vice President

ATTENTION: Managing Partners, Officers, and Cashiers

SUBJECT: Special Alert Regarding Bancorp International Group, Inc.

Be advised that effective August 11, 2005, DTC has suspended all services, except Custody services, for the below referenced issue.

CUSIP SECURITY NAME
05968X106 Bancorp International Group Inc.

Please see the attached press releases from the company providing notice, among other things, that “individuals and corporate entities involved with the illegal takeover of the company printed invalid share certificates”.

DTC participants are, therefore, strongly urged to take whatever precautions are necessary in order to protect themselves and their customers in light of this continuing problem and to notify correspondent firms and other parties that may be affected by this problem.

Questions regarding this notice should be directed to the company, or DTC’s Nick Cerchio at (212) 855- 5006. ...


(empahsis mine)