Replies to post #503 on GBT Technologies Inc (GTCH)

[Drumstick]

Thanks for a great post. Again let me repeat, unfortunately the IR firm that represents FXIT, namely Core Consultants, are making overly opptomistic, and misleading statements as to the future progress. If anyone is contacted or speaking to these people, take whatever they say with a very large grain of salt.

[PM69]

Darren,

thank you for your answers. A couple of questions:

a) If there is more than $7 million in revenue in the first 6 month of the year, can you give us a general view on profit outcome? Rising, falling, stable?
b) Binary options is a very special product which is even for professional market participants difficult to assess. What makes you optimistic about the product being right for retail investors that you are targeting?
c) As a share holder, I cannot be satisfied with your marketing efforts around the globe. Tripple 8 Ltd. in Cyprus is a rather intransparent company. Would you please provide more information about the company - especially the management? Who are the owners of Tripple 8 Ltd., Cyprus? I still do not understand in which way Triple 8 is consolidated into your P/L? What is your CPA´s take on that? I would like to see an official statement from your CPA and of course signed and stamped?!
d)What about Heffernan Capital Management? Is this company based in Bangkok a ghost company? Not even after 3 weeks, I received an answer to a simple product inquiry????
e) Finally, I would like to know who your execution brokers are in the FOREX space? Who are your clearing/settlement brokers? And where are customer monies deposited ? Which bank(s) are involved?

Thank you for being transparent, Darren!

[genlou]

I purchased more shares today.If the price drop further I will purchase more.Thanks for sharing your email response.The company believes it is current with all filings.Hopefully,the e will be removed soon.
Item 8.01

Other Events

On September 30, 2011, the Over the Counter Bulletin Board affixed an “E” to the stock symbol for Forex International Trading Corp. (the “Company”) resulting in a change in the symbol to “FXITE”. The Company is presently current in all its reports and its next required report, a Form 10Q Quarterly Report, is not due until November 14, 2011. The Company contacted the OTCBB, which advised that the Company is required to file a Form 8A with the Securities and Exchange Commission (the “SEC”). The Company does not believe it is required to file a Form 8A under Section 12(b) or (g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), as the Company has less than 500 shareholders of record as required by Section 12(g) of the Exchange Act. The Company is presently discussing this issue with the OTCBB and with SEC.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


FOREX INTERNATIONAL TRADING CORP.



By:

/s/ Darren Dunckel


Name:

Darren Dunckel


Title:

CEO, President, CFO, Secretary, Treasurer and Director

[Drumstick]

Since you are still listed as an AM for this board, even though it looks like you packed in this POS a long time ago, could you possibly know the answer to my question?

What bank, or financial institution handles the accounts for potential FXIT clients? I say potential because I gather real live 4x trading clients are a non-existent entity at this point.

[StockLearner2011]

Darren Dunkle (a Donkey) is no longer with FXIT. What expectation do you have remaining with the new CEO? I don't see much hope here because the new CEO is not likely to turn this dead horse around