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Arkait

09/16/07 12:15 AM

#88521 RE: earthenperson #88520

Think double, for FTD's.
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2late

09/16/07 1:29 AM

#88523 RE: earthenperson #88520

The "legal" share structure??
Someone posted that all the added shares to cover out,
well us I guess, were returned back to BCIT from Darby to be sold into the float. That is the real question isn't it. The fraudulent shares that "shouldn't" have been sold to us are still our brokers failure and obligation to purchase for us when trading starts. All the FTD shares are over and above that. I WISH MEGAS WOULD CLARIFY INFORMATION.
Thats why the 106 shares were canceled. We paid for valid shares, but those were never delivered. The shares deposited aren't going to be given to our brokers until they pay for the "real" shares in the open market to cover our invalid ones. When we start to trade the brokers will be cutting each others throats to cover us out as cheap as possible. Thats what Megas said when he said the actual legal float was around 400,000 shares. Some of the 1.3 million float was owned by insiders or someone that held. So when I say issue to the legal float that reflects back to the 1.3 million legal shares. I believe the arguement at hand and the length of time this has taken is because the owners of those 1.3 million shares are owed "real" shares and everyone else is SOL. But not nearly as SOL as their brokers. BCIT has a current value of $100 million. Then take the available float to be purchased to cover us out which is 230 million shares. Realize that 228.7 million shares of that require the purchase of 205 cussip# stock certificates to make us real in our accounts at a starting value of .19. Then include 500 million FTD shares.