Replies to post #127950 on Bancorp International Group Inc (fka BCIT)

[janice shell]

Megas has no money?

[kruy]

Megas says "Tell him to try harder, he must be able to do better than that. Best..TM"
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..Tell Megas he needs to try harder to respond to the SEC and exercising his fiduciary responsibilities instead of emailing "rubbish" and avoiding transparancy....he must be able to do better than that...and an innocent man would have NO PROBLEM with that.

[Domerfan17]

Try harder? Who is he to offer advice on effort? How about starting with "trying" at all, Megas?

[fructose]

He's not spending another dime on BCIT, is he? Certainly explains the absence of filings.

[Egor]

Funny how Megas can take the time to respond to your email in such a silly manner, but could not take a few to respond to the SEC complaint, LOL. One has to wonder how close you really are to Megas or even if someone here could be him or one of his shills being talked about here!!!

"forgot only one thing in all this rubbish. Got no money. Tell him to try harder, he must be able to do better than that. Best..TM"

[Iluvbbs]

Has anyone stopped to consider when TM said "got no money", he was NOT speaking about the fact that HE has no money.....BUT in fact, was speaking to the accuasation that he was a part of a larger conspiracy that has reaped the rewards and now flown the coup.

I have absolutely no idea why he does not communicate with more detail to any of our questions here BUT, I imagine, he is just about as frustrated as the rest of us with his perceived notion that regardless of how he comes into compliance with our countrys regulatory bodies, those same body's will just continue to throw up road block after road block in front of us.

JMHO, Steve

[MONEYMADE]

Reg SHO rule 35 days

After careful consideration of the comments, we are adopting amendments to eliminate the options market maker exception to Regulation SHO’s close-out requirement. Specifically, as a result of the amendments, all fails to deliver in a threshold security resulting from short sales by a registered options market maker effected to establish or maintain a hedge on options positions established before the security became a threshold security will, like all other fails to
63 Comment letters are available on the Commission’s Internet Web site at http://www.sec.gov/comments/s7-19-07/s71907.shtml.
64 See letter from Edward J. Joyce, President and Chief Operating Officer, Chicago Board Options Exchange, dated Aug. 15, 2008 (“CBOE 2008”).
65 See id.
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deliver in threshold securities, have to be closed out in accordance with the close-out requirements of Regulation SHO.66
The amendments include a one-time 35 consecutive settlement day phase-in period, as proposed.67 Under this provision of the amendments, any previously excepted fail to deliver position in a threshold security on the effective date of the amendments, including any adjustments to that fail to deliver position, must be closed out within 35 consecutive settlement days of the effective date of the amendments.68 We chose 35 settlement days because 35 days was used in Regulation SHO as adopted in August 2004, and in Regulation SHO, as amended.69