posted
Up 80%, due to PR. Must be covering the short position. MM losing tons of money.
BCIT Negotiates International Opportunity
Bancorp International Group Inc. (Pink Sheets: BCIT) is to close on a monumental deal with keen competition from competitors. Negotiating at the highest level of government BCIT will announce an opportunity we feel will bring exceptional value to Bancorp International Inc. Detailed information concerning this project will be forth coming as soon as possible to the public. All of the current shares must be returned to the investor relations department at 1201 S. Alma School Road Suite 7550 Mesa Arizona 85210. To be validated for return by June 15, 2005 or face cancellation.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based largely on Bancorp International Group Inc. Expectations or forecasts of future events can be affected by inaccurate assumptions and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the company's control. Therefore, actual results could be differing materially from the forward-looking statements contained herein. A wide variety of factors could cause or contribute to such differences and could adversely impact revenues, margins, profitability, cash flows and capital needs.
SOURCE: Bancorp International Group Inc.
CONTACT: Bancorp International Group Inc. Investor Relations Barkev Kibarian, 602-770-8147
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"All of the current shares must be returned to investor relations" (what the hell?). I think thid PR is an attempt to bring the value of the price up for a possible sell off. There are no details whatsoever in this article. It reminds me of something you would see on a message board from a pumper. Be careful putting money on this one.
-------------------- TNOG paid my college tuition
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