Replies to post #121297 on Bancorp International Group Inc (fka BCIT)

[Joda]

No that is absolutely correct, they are the middle-men...

who have still NOT delivered what they sold us...but have simply given us an acknowledgment of our purchase..an IOU

Doesn't change that fact of commercial exchange, no matter how much they want it to...

They still have to deliver what they contracted to sell us...

[mretgnol]

Yeah...it's a pretty crappy excuse. You have to remember there are two groups inside a brokerage. A small number running the brokerage's daily actions and a bunch of back-door newbies who answer phones.

Just because they use the excuse....does not mean they do not know where those sales came from. That's why you hammer them with a lawsuit, use discovery.