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10/07/07 9:57 PM

#90004 RE: mainuh #90002

Mainuh
In the signed Oklahoma settlement order was it stipulated that the returned shares from Darby were to be deposited with the DTC for disbursment, or for available shares to be bought in the open market to legitimize our positions? If it was to be bought then they have no court ordered owner. I thought it was stated that BCIT hadn't received any of the money for those shares sold. They received compensation for damages. Thats why they are to be bought in the open market to cover us out and return funds to BCIT. Maybe I'm not understanding or I missed something. If those shares were intended to be bought for our cover then they have no legal owner at present except BCIT. If we don't trade then they receive no dividend since they have no owner holding it and it can be stipulated as such unless trading resumes by such a date. Excluding Insiders and those Darby shares what is BCIT's outstanding requiring dividend coverage by BCIT? I thought Megas said it was roughly 450,000 shares. I understand your position saying that funds to cover the entire dividend disbursment must be held in an account to prove it. So now the twist to this saga is that this has never happened before. The dividend payment then becomes compensation from the cause of the problem by only covering the original holders of the float that should have existed in 2005 or we start to trade compensating us all.