Replies to post #152533 on Bancorp International Group Inc (fka BCIT)

[CarltonH]

You are correct the SEC were negligent.

Had they discharged their responsibilities properly in 2005 they would have prevented this whole saga from happening.
They did not do so and thus failed in their duty of care to investors.
I am glad we agree on that

The fact remains that the company then brought their filings up to date as requested and in consultation with the SEC.

The question is this, why having failed to revoke Bancorp when it was seriously delinquent did the SEC suddenly decide to revoke Energy Source when it was only a year behind.

Second question why go after The non existent Energy Source in 2009 when there are hundreds of companies that are seriously delinquent which have been ignored?