Bancorp International Group Inc (fka BCIT)

[realwhiz1]

To be more specific:

The global lock refers to the Certificates bearing the 106 CUSIP. These 106 Certs ARE locked and as well they should be! This in order to protect US, The shareholders and the DTCC. Actually all 106 certs are retired.

The name Energy Source was tied to these 106 Certs when the judge revoked energy source. A company that never existed bearing a CUSIP that had already been retired. I still get a kick out of that. I can picture that judge sitting up in his bed in the middle the night saying I revoked what!

Still FINRA is claiming that energy source and Bancorp are one in the same.

Before the 106 certs were retired they were replaced with new certificates bearing the name Bankcorp international group Inc. bearing the new 205 CUSIP. This was ordered by the Oklahoma court in order to satisfy the DTCC requirements of cleansing all counterfeit certificates from the marketplace. The DTCC is satisfied and has 205 Certs their stores.

The brokers not involved in that court action are claiming this does not apply to them.

I have a copy of a screenshot from FINRA, which someone has typed in, and I paraphrase, "FINRA is objecting to the 106-205 transfer stating that The company did this without their approval." Therefore telling the D TCC not to fully activate the 205 Certs.

The question; why is FINRA objecting to a court ordered action?

This global lock does not apply to Bancorp and it does not apply to the certs bearing the 205 CUSIP.

Bancorp is a private entity that has shareholders and can trade. It's just that THIS market has given Bankcorp the Scarlet letter so to speak.

The global lock is relevant and we all have every right to what we purchased.


All roads lead to FINRA!