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Jim Bishop

10/05/05 2:52 PM

#30790 RE: ljk #30789

The resolution is not up to Megas...he has no control over the SEC or any other agencies involved. He has one problem only, and that's what to do with his shell and his private biz.

You are at the mercy of the regulators. Pit in and relax these guys do not work fast especially on something they may not have come up against before.


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Joda

10/05/05 3:10 PM

#30796 RE: ljk #30789

Really, I am not trying to start any sort of fight or argument, and apologize if my comments came across that way.

I have an extremely busy job, but I bet it's nothing compared to the load Megas has.
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Arkait

10/05/05 11:23 PM

#30898 RE: ljk #30789

LJK

I have all my money tied up in BCIT, and believe me, it hurts to wait around like this, especially since the SEC has a reputation for slow investigations and even slower payouts of penalties to victims.

I did not ride the stock and sell, I invested in it in the belief that Megas was going to protect all shareholders by engaging the SEC and FBI and the courts, and that he had plans to merge real assets into the shell and that shareholders would be protected against anything as wild as forgery or naked short selling, because in the case of BCIT, the forgery count would reveal the short count better than in other cases.
That those who naked short, got calous with BCIT and likely will get caught with their hands in the cookier jar.

But I think we have to wait further, and to still give Megas the benefit of the doubt, because the next play is his to make or delay, and we are
in this horrid wait--alas. I can only hope Megas's implication from previous PR that the lawyers will find a way to get justice for all shareholders proves true.