Replies to post #120881 on Bancorp International Group Inc (fka BCIT)

[f1fans]

Yes, we are in a Check position on the chess board.

[BigMoneyAtl]

We have a solid case against DTC/brokers even though they are still in denial. They though by freezing up our cash and we'll just WO for $1 and go away and they get to keep our cash. THEY ARE DEAD WRONG. Can hardly wait until the day we our suit.

[mretgnol]

multi,


By the way folks, this isn't about counterfeit shares (obviously) its about the FTD's by the brokers

Of course it is. Either my shares credited to my account are real or they are bogus.

and the "Global Lock" by the DTC.

You mean the N.A.S.D.'s freeze and suspension for members to follow 15c3-3? Try calling the General Counsel of the N.A.S.D. sometime.

Also, Insurance companies do not write scam proof policies.

Do you even understand the insurance and bonding policies all brokers and broker-dealers must carry? These policies cover securities companies from losses resulting from trading fraud including settlement payments.

[i[I have a feeling they won't be paying on ANY brokers claims here lol.

They have no choice.

The DTC will do as told by the brokers.

The DTCC already stuck the brokers back in 2005 when the DTCC discontinued services for all members concerning BCIT stock. The brokerages are 100% responsible for their positions.

[Joda]

And the SEC...IMO