Replies to post #75788 on Bancorp International Group Inc (fka BCIT)

[500_and_Long]

That is your opinion and you surely are entitled to it, however, I disagree.
There are many ways in which tm could have fleeced the flock and certainly this by far would be one of the most expensive. It also leaves him vulnerable to lawsuits and SEC scrutiny.
No, I think I'll wait a bit more, it has only cost me $25 more than my original investment to this point. Some folks went running to a lawyer but I decided to wait and with the dismissal of counts 2 thru 6 I am glad I did.
The letter allowing for turning over shares is very clear (to me at least) in that it says you are not required to sign the letter or return it.
You and others can listen to folks on this thread who have themselves been the subject of litigation (Google their names) and who admittedly hold no position. Why you would (or anyone) want to listen to these folks is beyond me? Cyber aliases could be twelve year olds and a twelve year old is not who I want my advice from and certainly is not going to influence me to act one way or the other. These folks should only be considered for their amusement factor only.
I have waited 2 years so far and have a good line of communication going with BCIT (IMO) so I suggest you all act according to what you feel comfortable with, as for me I'm entirely comfortable at this time.
Please NO RESPONSES from the naysayers as it will only clutter up the board more than it is already and I have no desire to hear from you are debate my opinions with you.
Thanks and good luck folks, David

[glaszman]

"this was obviously a long-term con-game..."

Finally a bit of light.

Yes, the Plank and Sytner have been playing this game for a while. Three corporate hi-jackings? Not even the Plank is that dense.



a bit of advice for you bob, you claim that you are ready to drag out litigation? you might wanna run some of these accusations by your lawyers, and ask them if they think you are exposing yourself to liability.

the funny thing is that court statements are generally PRIVILEGED and these bulletin boards are not...
and neither are PR's which is pobably why this hasn't been PR'ed....

privilege basically means that if you sue somebody for defamation as a result of court activity? you won't get anywhere...
which is just common sense to most people, since it happens every time anybody makes any accusation in court, someone is right and someone is wrong... of course, common sense has been pretty scarce around here lately...

these bulletin boards have been pretty loosely regulated, but that is changing fast, new precedents are being set everyday, and accusing someone of criminal activity definitely falls under the category of "danger, will robinson".. Megas also seems to be the sort of person willing to try to set new precedents...

[Billybob_TX]

Be careful, Megas might SUE YOU! Oh never mind he already did...