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BigMoneyAtl

10/06/09 7:26 PM

#124337 RE: latestart #124336

NEWS! Am I dreaming?? Wow!

mastaflash

10/06/09 7:28 PM

#124338 RE: latestart #124336

A thing of beauty! Let the games begin!

Chas56789

10/06/09 7:30 PM

#124339 RE: latestart #124336

WOW WOW WOW........I LOVE IT !

GO GO GO Mr. Megas !! woohooo !

PS: A Thankyou to all you shareholders for staying strong and helping out !


JMHO
Chas56789

hurley cruppers

10/06/09 8:04 PM

#124347 RE: latestart #124336

That is f'n Super'powerful news, wooooowwwwwsssssaaaaa

MONEYMADE

10/06/09 8:30 PM

#124356 RE: latestart #124336

I URGE EVERYONE TO POST THIS LINK..ON..EVERY..SITE/MESSAGE BOARD..TONIGHT:
PRESS RELEASE
Oct. 6, 2009, 7:15 p.m. EDT · Recommend · Post:
Energy Source Inc. Announces New Action for Investors

LONDON, Oct 6, 2009 (GlobeNewswire via COMTEX) -- Over the last four years the company (Other OTC:BCIT) has made every effort for the resumption of trading of its stock by complying with all requests made to it by all pertinent agencies. It has done this at great expense and effort but as it has complied; it has found its efforts to be unfairly obstructed. Even with the findings of various government agencies showing Energy Source to be innocent of any wrong doing one private organization continues to block the rights of the company, the Depository Trust & Clearing Corporation (DTCC).

The DTCC its officials and lawyers lead the company to understand that on the completion of all the normal regulatory requirements it would clear its stock for normal trading. This position was reached by mid 2007 after an exhaustive and costly process. The DTCC despite the company being fully filed, having possession of an 15c211 as required by FINRA, consent from NASDAQ to trade the DTCC refused to clear the company's shares unless the company supplied sufficient shares to the DTCC to cover the counterfeit shares it had allowed to enter the market by its gross negligence as well as supporting a tide of naked short selling by its client owners and brokers. The company out of disgust and frustration, had stopped their corporate filings and contemplated what else they could possibly do after spending over $800,000 to that point. The company had complied with all requests, was accused of no wrong doings, yet was not permitted the rights it deserves, to do business.

Energy Source would like to announce that it is, once again, becoming fully compliant in all corporate matters. Empire Stock Transfer Inc. continues to act as the company's stock transfer agent, and the company will update its filings shortly. Any and all other corporate matters found to be delinquent will be addressed and remedied as well.

The company is resolved on behalf of its shareholders and those others who have fallen victim to the ongoing fraud perpetrated in the marketplace to continue in business despite the failure of regulatory agencies to protect the most basic rights of the capital of the company, and the rights of its investors, which has now created a climate of distrust and frustration that needs to be addressed.

The company, after talking with the main investigator of Senator Grassley's office, who has intervened as a moderator for all concerned, feels that it is time to make this effort. Without the effort put forth by Senator Grassley's office and the determination of certain shareholders, who only ever wanted what they paid for - their shares, the company would have had to consider other alternatives.

It is unfortunate that a private monopoly like the Depository Trust & Clearing Corporation and its financial institutional owners, exercises decisive influence over such government agencies such as the SEC and can dictate policy with impunity to the market place to the extent that the owners of a public company are no longer in control of their own capital structure and there is no redress for outright fraud perpetrated by brokers on the company's shareholders. Energy Source is most thankful for Senator Grassley's office demonstrating integrity and concern by stepping in and attempting to moderate in this situation where investors have been fleeced by their brokers and the DTCC.

Additionally the company announces retaining the services of Kellogg, Huber, Hansen, Todd, Evans & Figel, P.L.L.C. to assist it with future legal proceedings. An independent effort by our shareholders to help with these expenses has been initiated and the company supports and welcomes their efforts.

Thomas Megas CEO Energy Source Inc.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Energy Source, Inc.

CONTACT: Energy Source, Inc.

http://www.marketwatch.com/story/energy-source-inc-announces-new-action-for-investors-2009-10-06?siteid=nbsh
Thomas Megas
tpm14@hotmail.com



(C) Copyright 2009 GlobeNewswire, Inc. All rights reserved.

LexTrader

10/06/09 8:36 PM

#124357 RE: latestart #124336

All I can say is F-I-N-A-L-L-Y!!!!!!!!!!!!! Time for all BCIT shareholders to step up and help defray the legal costs.
Thank you TM for this loooooooooooong awaited summation of events and future actions in an official manner.

Vulcan

10/06/09 8:37 PM

#124358 RE: latestart #124336

Now I will donate. Send me the link.

MONEYMADE

10/06/09 8:39 PM

#124361 RE: latestart #124336

THIS ONE"S FOR WOOGIE!!!!!!!!!

hurley cruppers

10/06/09 9:36 PM

#124457 RE: latestart #124336

Without the effort put forth by Senator Grassley's office and the determination of certain shareholders, who only ever wanted what they paid for - their shares, the company would have had to consider other alternatives.

**************************************************************

PRESS RELEASE
Oct. 6, 2009, 7:15 p.m. EDT · Recommend · Post:
Energy Source Inc. Announces New Action for Investors

LONDON, Oct 6, 2009 (GlobeNewswire via COMTEX) -- Over the last four years the company (Other OTC:BCIT) has made every effort for the resumption of trading of its stock by complying with all requests made to it by all pertinent agencies. It has done this at great expense and effort but as it has complied; it has found its efforts to be unfairly obstructed. Even with the findings of various government agencies showing Energy Source to be innocent of any wrong doing one private organization continues to block the rights of the company, the Depository Trust & Clearing Corporation (DTCC).

The DTCC its officials and lawyers lead the company to understand that on the completion of all the normal regulatory requirements it would clear its stock for normal trading. This position was reached by mid 2007 after an exhaustive and costly process. The DTCC despite the company being fully filed, having possession of an 15c211 as required by FINRA, consent from NASDAQ to trade the DTCC refused to clear the company's shares unless the company supplied sufficient shares to the DTCC to cover the counterfeit shares it had allowed to enter the market by its gross negligence as well as supporting a tide of naked short selling by its client owners and brokers. The company out of disgust and frustration, had stopped their corporate filings and contemplated what else they could possibly do after spending over $800,000 to that point. The company had complied with all requests, was accused of no wrong doings, yet was not permitted the rights it deserves, to do business.

Energy Source would like to announce that it is, once again, becoming fully compliant in all corporate matters. Empire Stock Transfer Inc. continues to act as the company's stock transfer agent, and the company will update its filings shortly. Any and all other corporate matters found to be delinquent will be addressed and remedied as well.

The company is resolved on behalf of its shareholders and those others who have fallen victim to the ongoing fraud perpetrated in the marketplace to continue in business despite the failure of regulatory agencies to protect the most basic rights of the capital of the company, and the rights of its investors, which has now created a climate of distrust and frustration that needs to be addressed.

The company, after talking with the main investigator of Senator Grassley's office, who has intervened as a moderator for all concerned, feels that it is time to make this effort. Without the effort put forth by Senator Grassley's office and the determination of certain shareholders, who only ever wanted what they paid for - their shares, the company would have had to consider other alternatives.

It is unfortunate that a private monopoly like the Depository Trust & Clearing Corporation and its financial institutional owners, exercises decisive influence over such government agencies such as the SEC and can dictate policy with impunity to the market place to the extent that the owners of a public company are no longer in control of their own capital structure and there is no redress for outright fraud perpetrated by brokers on the company's shareholders. Energy Source is most thankful for Senator Grassley's office demonstrating integrity and concern by stepping in and attempting to moderate in this situation where investors have been fleeced by their brokers and the DTCC.

Additionally the company announces retaining the services of Kellogg, Huber, Hansen, Todd, Evans & Figel, P.L.L.C. to assist it with future legal proceedings. An independent effort by our shareholders to help with these expenses has been initiated and the company supports and welcomes their efforts.

Thomas Megas CEO Energy Source Inc.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Energy Source, Inc.

CONTACT: Energy Source, Inc.

http://www.marketwatch.com/story/energy-source-inc-announces-new-action-for-investors-2009-10-06?siteid=nbsh
Thomas Megas
tpm14@hotmail.com



(C) Copyright 2009 GlobeNewswire, Inc. All rights reserved.




op9171787

10/06/09 9:48 PM

#124461 RE: latestart #124336

FAMTASTIC PR! Mr. Megas, tremendous news release.

Mojocash

10/06/09 10:46 PM

#124502 RE: latestart #124336

Good Job Megas, Now can I blow off the dust on my old bcit shares ???

RDG013

10/06/09 10:54 PM

#124511 RE: latestart #124336

WOW! Maybe just maybe we are getting somewhere now!

CATAMOUNT

10/06/09 11:11 PM

#124527 RE: latestart #124336

I really have to commend Thomas Megas for never giving up as well as many of the shareholders who have continued this fight. Megas has fought a long hard fight and the fight will press on. Mount your horses draw your swords.

agapespreader

10/06/09 11:24 PM

#124535 RE: latestart #124336

Wow! What a wonderful thing to read after a long day at the office! I know I've said this before, but it looks like BCIT will trade in the open market soon.

janice shell

10/06/09 11:25 PM

#124538 RE: latestart #124336

I wonder who wrote that PR. Certainly doesn't sound like Megas. A lawyer?

And I also wonder why whoever it was didn't even mention the SEC action.

Egor

10/06/09 11:59 PM

#124555 RE: latestart #124336

Have to say Megas did a awesome job directly slapping the DTCC and brokers upside the head in public and showing Empire Stock Transfer is still in play goes a long way also!!!

This is what I wanted to see from Megas. Some communication, now we move on!!!

AWESOME, now lets get them filings done quick as promised!!!

MONEYMADE

10/07/09 2:04 AM

#124586 RE: latestart #124336

Only in America! "15c211 as required by FINRA, consent from NASDAQ to trade the DTCC refused to clear the company's shares unless the company supplied sufficient shares to the DTCC to cover the counterfeit shares it had allowed to enter the market by its gross negligence as well as supporting a tide of naked short selling by its client owners and brokers. The company out of disgust and frustration, had stopped their corporate filings and contemplated what else they could possibly do after spending over $800,000 to that point. The company had complied with all requests, was accused of no wrong doings, yet was not permitted the rights it deserves, to do business.

XV19

10/07/09 2:19 AM

#124593 RE: latestart #124336

just curious...why isn't the Shareholders Website mentioned at the end of the PR as a 'for more detailed information regarding the timeline of events, please visit the xxx website"

Sure wish Megas would hire a Proof Reader/writer for future PR's. Or at least an English Major :)

Iluvbbs

10/07/09 3:47 AM

#124619 RE: latestart #124336

AMAZING>>>>>>>>SIMPLY AMAZING>>>>>

Thank you Latestart for being the first to see and post this.

LOOOOOOONG overdue.

Thank you TM for continuing to be there for us. NOW if you could also FORCE the brokers hands to allow buying and NOT just selling when we are finally allowed to trade. I just know Scotturd is going to do everything in their power to prevent the sale of ONE share until they are convinced they have completely covered their short.


Best to all, Steve

MONEYMADE

10/07/09 11:43 AM

#124725 RE: latestart #124336

,,,,,,,This is the biggest PR in the HISTORY OF BCIT!

ditch72

10/09/09 9:15 AM

#125233 RE: latestart #124336

Great PR, very specific and has generated hundreds and hundreds of posts this week. Once again we have confirmation from our CEO that this stock still plans to get trading and the reasons why we have not.

Thanks to Mr. Megas and the people that have encouraged him to see this through.

hurley cruppers

10/10/09 8:17 PM

#125370 RE: latestart #124336

link, RESULTS, I love this LAW FIRM

http://www.khhte.com/matters.php

BCIT, will be BIGGER :)))))))))))

explorer186

11/11/09 9:47 AM

#127094 RE: latestart #124336

Couldn’t be more clearer of how the system is broke.