Bancorp International Group Inc (fka BCIT)

[luxytx]

PLEASE READ....

After reading the Trading Suspension issued by the SEC noted in this brief it states that unless the company (BCIT) abides by the rule 15c 2-11 no broker, institution, etc... can not trade this stock or they will be repremanded by the SEC. The information that BCIT needs to supply to the SEC is listed very plainly in the outline of this rule (see link) http://www.law.uc.edu/CCL/34ActRls/rule15c2-11.html

The SEC, brokers, institution, mm's are not to blame in this situation. Just like every other company BCIT needs to provide what is outlined in this rule to the SEC (ie. Copy of Prospectus, most recent annual report etc...) If you go to WWW.SEC.GOV you can see that BCIT has not filed any of this information. If any broker trades this stock they will be repremanded by the SEC with fines etc...(see press release from SEC regarding BCIT suspension and/or
http://www.law.uc.edu/CCL/34ActRls/rule15c2-11.html)

Before anyone calls me a basher let it be known I own 15k of BCIT so I am the last person to want to say anything negative about this stock...THAT BEING SAID the pressure lies on Megas to file the needed paperwork to get the BCIT ball rolling again...