Replies to post #135711 on Bancorp International Group Inc (fka BCIT)

[mretgnol]

otherwise, Megas could of filed an exemption instead of going the fully reporting route

He could have filed an exemption pre-2005. However, you still have to file Reg S and Reg D sales seperate of quarterly and annual filings.

Post-2005, when the SEC demands updated filings and to remain updated at all times, you cannot file the exemption.\

Hint: Shareholders of record per T/A is near 80

Hint: the T/A can tell you exactly how many shareholders there are and it's more than 80. By the way, how come wanker has not paid his fees to Empire?

In fact, you kind of shoot yourself in the foot if you tried to claim less than 300 shareholders of record when you know via a sham lawsuit there are far more.