Replies to post #131488 on Bancorp International Group Inc (fka BCIT)

[mastaflash]

"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 don't see that as his responsibility...besides, it was obvious to all what was going on. The CEOs responsibility is to those shares that are legally issued by the company and deposited at DTC, and to the holders of those legal shares. If the DTC chooses to allow air shares to be generated on forged certs, that is their responsibility...and that will be the crux of it when the court case opens...if it opens. The system is broken and corrupt beyond imaginings...TM is not responsible for any of that.

I'm satisfied that he is doing, and has done, all he can reasonably do to 'fix' BCIT. Could he do more? Of course. Could he walk away and do nothing? Yes, most would...I believe he is unique as a penny stock CEO who has not as yet done that. I know of no other that comes even close.

BTW, that was by far your best post to date, IMO.

[AlanC]

turn2him: I agree that there is a story to be told with BCIT and it isn't a pretty one for our markets or the regulators of our markets. Unfortunatly, we likely will never hear the whole story however we will be well compensated when all is said and done imho. Go BCIT!!!