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mretgnol

10/18/10 3:47 PM

#132072 RE: op9171787 #132071

what exactly do you think Megas did here



I think Sytner talked him into using an offshore account to dump shares thru. Using bogus "debts" to issue future shares to cover previous sales. Only insiders could


I think that's why the DTCC issued a global lock and why the SEC demanded fully audited financials under penalty of perjury.

You'll notice the IBIE scam fell apart when the SEC asked some tough questions concerning BCIT's financials.

Considering Stew shows up in multiple shams, including the a bogus offshore bank involved with the theft of $20 Million cash, pretending to be a diplomat (PNG Embassey says "is not"), and the whole Mario Pino sham.

The efforts to drag out the statutue of limitations was very telling to those who understand securities. The sham debt for Stew's "loan" for legal fees. The sham claim of $800,000 spent in legal fees (BS he had 3200 hours of legal services billed at the time the claim was made).

The financials would expose that lie.

The whole story of "we had to issue more shares to ourselves to retain control of the shell" BS.

The failure to even legally respond to the notice of impending revocation.