Is this considered new news?
Some claimed TMeg had no ideal that this
was going to be revolked. Oh really?
In addition to the possibility for harm to public investors arising from trading in
counterfeit BCIT stock certificates, BCIT is delinquent in tiling periodic reports with the SEC
which it is required to make under the Securities and Exchange Act of 1934. During the fiveyear
period between November 2000 and December 2005, BClT did not make any of the
required Exchange Act periodic filings. After the events with Mr. Pino occurred, BCIT tiled
certain periodic reports during 2006 and 2007, but it again became delinquent in its public filings
after December 2007 and is currently delinquent. As a result, there is no current information
available to prospective buyers of BCIT stock as to the company" s assets or operations, if any
exist. BCIT therefore may be subject to a Commission action under Section 120) of the
Exchange Act which would suspend or revoke the registration of its stock and its eligibility for
public trading.