Replies to post #43769 on Bancorp International Group Inc (fka BCIT)

[luxytx]

I know an attorney who deals with matters like this, I will contact him and find out more information. Megas is not doing his due dilligence in keeping his shareholders informed and disclosing information on a public company, he has not for the past several years by not submitting any filings.

per sec:

In the wake of corporate financial scandals, the Security and Exchange Commission (SEC) has increased its efforts to improve the usefulness of financial reporting for shareholders. However, University of Arkansas researchers Rod Smith and Carolyn Callahan have found that less than 17 percent of the information disclosed in these reports meets the existing SEC requirements aimed at keeping shareholders informedThe SEC requires qualitative discussion and analysis in financial statements. According to Smith, the SEC intends this discussion to be forward-looking, clearly communicating the company's strategy, success factors, competitive environment and future prospects.

Megas has done none of this for the past several years...

I am reporting this exact information to the sec regarding BCIT.