Replies to post #135018 on Bancorp International Group Inc (fka BCIT)

[webmoney]

"The long arm of the law will be grabing the bad guys very soon."

From your lips to Gods ears!

[dahbmw]

So true, so true, but what on earth gives you
even the slightest confidence that the situation will
be rectified anywhere in the near future.
Why do you think the Feds are being sicked on the oil companies
who work on about an 8% profit margin instead of
Wall St. who make billions shuffeling papers
and receive billions in "Bailout" funds?
this is very clear, why can't you see it.
Nothing is going to happen to let us trade
for the reasons about plus the fact TMeg doesn't want it to trade.

[dahbmw]

In case you haven't noticed, this country is coming apart at the seames.
Unemployment is very high, inflation setting in, huge debt,
continued spending, etc. etc. And there amongst all the carnage
is the Stock Mkt/Wall Street.
Do you really think this administration is going to do anything
to the one positive they have?
You really think they will kill their golden goose?
No way Jose.
This NSS situation is and always has been falling on deaf ears.
Maybe a couple of token fines but that's it.

[kruy]

The bottom line. It all comes down to the FACT that the DTCC's stock borrow program allowed Brokers,Hedge funds , and Market Makers and anyone else who sells shares of BCIT stock without owning it or borrowing it, to happen

NO it's not the "bottom line" or any line for that matter in regards BCIT, and as long as you keep asserting that falsehood I will rebuff it..all those shares you refer to as NSS in regards BCIT were per TM's own admission "issued" shares and therefore by very nature cannot possibly be NSS...the real bottom line is we got pump n dumped, not NSS'd. If there is a problem with NSS in the U.S. markets, it is NOT related to BCIT.

The DTCC is ultimately responsible and will be held responsible.

No. TM already took responsiblity for the shares you call NSS and deemed them "issued" shares and made them part of the o/s, but did not nor does not appear to want to register them and would rather have this revoked.

Anybody who naked shorted BCIT needs to be worried because Justice is coming and they will be held accountible. The long arm of the law will be grabing the bad guys very soon.

You may die of old age before you understand this, but "issued" shares cannot be NSS, and those that ISSUED certs are the ones that have to worry. But as long as TM does not register those shares he covered and stays revoked, it won't be dealt with either..nor can the DTCC allow unregistered shares to trade...and it's pretty clear TM allowed this to be revoked and would rather have this revoked than deal with this.
Somewhere somehow a flicker in the ole lightbuld should be happening by now..it's been 6 years.

Have a great holiday weekend.

[puckhead]

The long arm of the law........ROTFLMFAO