let me ask you. when somebody buys a stock "thru" a brokerage - that the brokerage does not have in 'inventory' (which is almost always the case), and simply provides an ELECTRONIC FREAKIN' IOU - WHO GETS THE MONEY YOU PAY FOR THE STOCK - for the IOU? DOES THE FILTHY BROKER keep the money, issuing you a bunch of worthless IOU's? or does the broker pass it to the MM or what?
"Either way, federal SOL starts when you had first knowledge of fraud, and that started when Megas first PR'd the fraud." - Apples and oranges. The fraud Megas made public was the hijacking of his company and the issuance of bogus shares. Anyways, the objective is to get BCIT trading again. I don't think anyone is serious about going after brokers...that would be a fools errand. The only way to fix this is to get the DTC to clear shares....and let the market fix the problem. Does that scare you? It should.
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