Replies to post #155429 on Bancorp International Group Inc (fka BCIT)

[nwsun]

Are they tradeable in the open market?

[AlanC]

Seems very odd unless of course taking them would have set precedent for the same payment and treatment to all TDA customers who had BCIT shares. The next several cases perhaps will provide additional insight. Go BCIT!!!

[carrot_on_stick]

TDA paid for a 25000 share x205 cert
and allowed the shareholder to keep his 25000 shares in his account.

what's odd about it? mr grabowski had to buy the cert with his own money first. tda then reimbursed him the purchase price. mr grabowski came away with a worthless cert in the end, nothing more. sir thomas is the only one that profited from the arbitration.

"On March 18, 2013, the Arbitrator ordered Claimant to purchase 25,000 shares of BCIT, including the Private Treaty Certificates, and also ordered Respondent to reimburse Claimant the entire purchase price and expenses related to the purchase."

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88364581

btw...why is megas spending time and money to reinstate another company when s/h's are fighting for bcit certs? bcit is back in default in nevada.

https://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=o7z3K8dqRyNPEJHXnelUxw%253d%253d