Tom Megas is not BCIT.
He is a shareholder and the CEO, but he is not the company, that is an entity on its own.
Megas spent 800K of his own money NOT BCIT money trying to sort this mess out.
To do the filings etc costs a lot of money which the company did not have AND the alleged "clerical error" with the new Cusip number just shows that it would most probably have been money down the drain.
Of course BCIT could have gone to the shareholders, but as far as the register is concerned there are only about a hundred or he could have asked those of you who believed you were share holders but were not shown on the register.
We might be doing you all an injustice, but we dont think the reaction on this board would have been favourable if BCIT had asked you all for a contribution to fix the filings.
IMHO You cannot have it all ways, if you want the company to trade more quickly then that can be done but at a price and why should one share holder foot the bill when there are 1500 of you.
Just saying
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