posted
read this..the FBI is involved,..forced fed call may take to pennies and dollars
Press Release Source: Bancorp International Inc.
Bancorp International Group Inc. Announces Initial Interim Conclusions of Ongoing Investigation Monday August 1, 5:53 pm ET
NEW YORK, Aug. 1, 2005 (PRIMEZONE) -- Let it be known that as a result of the BCIT announcement at 10:30 a.m. on 6/13/2005 the company hereby announces the initial interim conclusions of an ongoing investigation. ADVERTISEMENT
The company has been the victim of corporate identity fraud (click on the URL below). On 4/21/05 via fraudulent documents filed by a ``Louis Lesser'' with the Nevada Secretary of State, there was an illegal attempt to take over BCIT by Carter Care Inc. by way of a purported reverse merger (5/12/2005). This occurred without the knowledge and consent of the BCIT shareholders and board. Prior to BCIT being alerted of the fraud, there was no contact with or knowledge of Carter Care Inc. by BCIT and its board. Carter Care was subsequently contacted, and a verbal agreement was reached for a retraction in the form of a wire announcement by Carter Care. However, an announcement was illegally made under the BCIT banner and referred to a reverse merger that had never legally occurred.
Let it be known that those individuals and corporate entities involved with the illegal takeover of the company printed invalid share certificates with the legend Bancorp International Group Inc. These certificates were signed by Richard Carter of Carter Care, and hundreds of millions of shares have since been printed. These shares are apparently being illegally sold by market maker Sterne, Agee & Leach, Inc. (SACM) http://sterneagee.com, trading office 980 North Federal Highway, Suite 108, Boca Raton, Fl 33432; tel (800) 930 3536. The Birmingham, Alabama office of the Federal Bureau of Investigation has been initially contacted in this regard.
Let it be known that these shares have no value and do not constitute any of the legal equity of BCIT. The official printed and issued shares of BCIT do not exceed 4,890,000 shares which bear the legend March Indy, signed by Thomas Megas. The investigation is ongoing, and state and federal regulators have been made aware of the problem. Attempts to agree to compensation of $2,000,000 for damages have foundered on the issue of criminal liability. The company accepted $50,000 as a partial payment to cover initial investigation expenses and as part of an overall settlement for damages.
BCIT has not signed nor entered into any agreement relating to any gold or diamond mining venture and has made no announcements to that effect. BCIT has made only one previous recent announcement on 6/13/2005.
In November 2004 BCIT commenced bringing its SEC filings up to date and consulted with brokers in the USA and Europe regarding a reverse merger with a European realty business. BCIT hopes to rehire its original transfer agent http://pacificstocktransfer.com in tandem with its SEC filings. On 6/20/2005 Thomas Megas and Martin Duffy were reinstated as officers of the company with the Nevada Secretary of State. On 7/28/2005, Blue-sky Solutions, LLC, having been hired by the fraudulent parties, resigned as investor relations contact for the company.
In the interest of protecting current shareholders who may unwittingly be holding illegally printed shares, BCIT will be petitioning the NASD to enforce SEC rule 203(b)(3) http://www.law.uc.edu/CCL/regSHO/rule203.html and effect a ``buy-in'' by the parties who originally sold the invalid shares signed by Richard Carter and have effectively ``failed to deliver'' what they represented as valid shares of BCIT.
Thomas Megas President and CEO Bancorp International Group Inc 15 Onslow Gardens Suite 7 London, SW7 3AW United Kingdom Phone: 44 20 78239258
-------------------------------------------------------------------------------- Source: Bancorp International Inc.
Email Story Set News Alert
Posts: 714 | From: Boston, MA USA | Registered: Aug 2004
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posted
In the interest of protecting current shareholders who may unwittingly be holding illegally printed shares, BCIT will be petitioning the NASD to enforce SEC rule 203(b)(3) http://www.law.uc.edu/CCL/regSHO/rule203.html and effect a ``buy-in'' by the parties who originally sold the invalid shares signed by Richard Carter and have effectively ``failed to deliver'' what they represented as valid shares of BCIT.
Posts: 714 | From: Boston, MA USA | Registered: Aug 2004
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posted
Do the criminals buy it back or the mm's? If its the guys that created the papers, I doubt that they'll be able to buy them back.
Posts: 255 | From: Charlottesville, VA | Registered: Feb 2005
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posted
I am still holding..The ceo said he will release more update soon..may be today ah or tomorrow..
the o/s is only 4.9m and the short in billions..this may run to pennies like GLKCE or even dollars if they have valuation.
Posts: 714 | From: Boston, MA USA | Registered: Aug 2004
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posted
nice gains so far.. ateady buys.. at 0.0039 right now.. with some news, it could head further north i think.
Posts: 89 | Registered: Aug 2004
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posted
yes..this was 8 cents before they naked shorted..ceo says reverse merger into a 60m company..so the pps will be atleast 8-10 cents with an o/s of 4.9m..but with the squeeze it can go higher
Posts: 714 | From: Boston, MA USA | Registered: Aug 2004
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posted
YES...0085 now..i will not be surprised to see 2 cents tomorrow..o/s 4.9m naked short aound 1 billion
Posts: 714 | From: Boston, MA USA | Registered: Aug 2004
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posted
THIS will gap up one day soon with the final news from the company..so accumulate all cheap shares now
Posts: 714 | From: Boston, MA USA | Registered: Aug 2004
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posted
buytex, here is the latest correspondence btwn the ceo and art2gecko.. http://www.investor shub.com/boards/read_msg.asp?message_id=7286057
it was an email sent from megas to the The Depository Trust & Clearing Corporation. also, he states that he is working on moving back to pacific transfer
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Posted by: Art2Gecko In reply to: None Date:8/9/2005 10:54:04 AM Post #of 5356
Wouldn't be a seller here, new email from Megas ... DTC now on notice too... ;-))
From : Thomas Megas <xxx> Sent : Tuesday, August 9, 2005 2:32 PM To : aphoenix31@hotmail.com Subject : FW: certificates
/ / / Inbox
MIME-Version: 1.0 X-Originating-IP: [64.4.61.209] X-Originating-Email: [xxx] X-Sender: tpm14@hotmail.com Received: from hotmail.com ([64.4.61.30]) by mc12-f33.hotmail.com with Microsoft SMTPSVC(6.0.3790.211); Tue, 9 Aug 2005 07:32:22 -0700 Received: from mail pickup service by hotmail.com with Microsoft SMTPSVC; Tue, 9 Aug 2005 07:32:22 -0700 Received: from 64.4.61.209 by by102fd.bay102.hotmail.msn.com with HTTP;Tue, 09 Aug 2005 14:32:21 GMT X-Message-Info: JGTYoYF78jFCPbbPvRXaNwpCBDhT1zISWuiMGkk37z0= X-OriginalArrivalTime: 09 Aug 2005 14:32:22.0310 (UTC) FILETIME=[27762C60:01C59CEF] Return-Path: xxx
art, part from pacific transfer which I hope to do later today, this is the latest
dear mr nurse, i am the president and ceo of bcit. This is to let it be known to dtcc that the only share certificates constituting the legal equity of bcit formerly march indy are those that bear the legend march indy signed by myself and the then secretary m puig. These were issued over 5 years ago and no more than 4,870,000 shares were issued. This is the position as of today. Bcit has not issued any other shares since then. Please refer to my announcement on primezone 1st august 2005. Please note that any share certificate purporting to be bcit and signed by carter are not shares of this company. Furthermore any certificates with the legend Bancorp International Group Inc and that appear to be signed by t megas as president and m puig as secretary are all forgeries. The only legal shares bear the former name of bcit i.e. march indy. I will be forwarding to you the share certificate numbers of all the shares issued by bcit so that our 270 odd shareholders are not disenfranchised by the distribution of the forgeries. yours respectfully thomas megas coe president bcit
From: xxx To: rnurse@dtcc.com CC: xxx Subject: certificates Date: Mon, 8 Aug 2005 10:07:03 EDT
Dear Mr. Nurse, please be advised that to the best of my knowledge no certificates have been authorized in 2005 by Mr. Megas or the board of directors of BCIT. Furthermore, the certificates furnished to you by Pamela Thompson bearing the signatures of Mr. Richard Carter as president and sect. of BCIT are unauthorized. Mr. Carter has never been and is not a Director or corporate officer of BCIT. AS you are part of the DTC please do not honor any such certificates. I suggest that you forward the copy to Ms. S. Young of the SEC and scan and forward same to Mr. Megas at _xx_ (mailto:xxx) Ms. Young 303 844 1038 Thank You Stewart Sytner
Posts: 89 | Registered: Aug 2004
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posted
squeeze run starts now..it was trading at 8 cents before they naked shorted..it can get there .
Posts: 714 | From: Boston, MA USA | Registered: Aug 2004
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