Yes, I agree as it does not address the issues of the forged certificates. It appears at this time, he as CEO had no concerns about the excessive number of shares above the 4 million being traded publicly in the open market. Sounds to me like partial fiduciary responsibility.
Bottom line seems to stand that it took Megas til August of 2005, or almost 3 months, to notify proper authorities of the excessive number of shares above 4 million being traded in the open market.
I understand DTCC made a mistake, and it appears that the person or persons in the DTCC that caused the initial blunder against BCIT was not indentified or reported they were reprimanded for failing to do their job. Did this person(s) know Pammy or Pino and was an inside job. Interesting that it appears no investigation was performed on this matter and then the speculation by OP about person building the BCIT web site disappearance even makes things more curious.
There is definitely a story to be told on BCIT.
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