Replies to post #125715 on Bancorp International Group Inc (fka BCIT)

[mretgnol]

Megas was not forced to do that...he forced it to happen by Jan. '06 by taking the known brokers involved to court in Dec. '05

Did he give those 240 Million plus shares because he felt like it?

He had to settle with JH Darby and Capital Growth. He could have refused, he could have sued both for damages.

Read the 8k Megas filed. They intervened against the company

I use the word "forced" because the settlement Megas agreed to was a hose job to Megas and the shareholders.