To bad you were not around this stock in late Oct 06, you would have seen this happen with no results do to the DTC shutting it down. We do not need the filings up to date until we have written proof we will be given a clean bill of health to trade from the DTC.
I think your right! We're just a locked up privately held company that can't trade. Maybe Megas should just feel guilty for the $million he's almost thrown at this just to get it cleared to trade and deposit what ever funds are left from the Oklahoma settlement into a clean holding fund shell company and just pay a dividend to the legal shareholders to be deposited into the shell leaving no more DTCC excuses over fraudulent shares. That sounds like a great suggestion.
if the brokers were HIGHLY MOTIVATED, this would trade so fast you'd freak, with or without filings all up to date. getting them highly motivated to trade takes courage and savvy. Schwab, Etrade, TDAmeritrade, Scottrade, MyTrade, Fidelity - they are quite vulnerable here. we are not going to tap dance to the phony SEC's tunes unless it's in BCIT's best interest. understand?
You totally miss the point. That is something I would expect Montal to say...were he given to say anything...
FACT: DTCC is not allowing BCIT to trade because Megas refuses to issue shares to the DTCC to cover the very wide gap in the number of existing REAL shares and the trading air shares. DTCC can conveniently label those shares as PinoShares somehow missed by everyone...but we know better...do you?
FACT: brokers can trade this anytime they want via ex-clearing...THEY ARE CHOOSING NOT TOO...which means. technically BCIT IS ALREADY clear for trading...and has been since the SEC suspension was up in Sept '05.
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