posted
Hey Paper, People will be paying attention after it has made a significant run and the buying opportunity is over. That is how it usually works here on these boards. Typical philosophies "Wow that one just ran 10000% I think I should load up" or "I think the investing in the housing market right now will make me rich".
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read the last pr. Its a shell that someone hi -jacked and printed illegal shares on and MMs are short big time. the float according to the pr put out a few days ago is less than 5mil. This could be one that people will talk about for a long time.
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got in and out for a quick ride and was going to get back in today but Scottrade was so messed up today.....Couldn't buy or sell. Gonna' watch it at the bell Monday.
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run...
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alot of chatter going on for this one. expected to gap in the a.m. art2gecko of ihub and rb exchanged several emails w/ the ceo in late july on the whole fraud issue and steps megas is/was planning to take.
By: frankx 07 Aug 2005, 05:32 PM EDT Msg. 1858 of 1872 Jump to msg. # CEO Megas e-mail to ART on 7-27-05
Megas's first reply:
From : Thomas Megas Sent : Wednesday, July 27, 2005 10:01 AM To : aphoenix31@hotmail.com Subject : RE: Bancorp International Group
Thanks for your e mail. My son said you had called earlier but had left no contact number. It will take a little time to dig out what I have on all the above, my time is at a premium as I hope Adrian explained I am currently operating a business and the BCIT shell was apart from minimum maintenance off my screen until May when this farce surfaced. I am trying not to devote time or money to a situation I am not the author of but I will supply you with what I have, first in summary and then in detail with a later e mail.
Summary
There are only 2 legal officers of BCIT. Myself as CEO and Martin Duffy as secretary. The current issued share capital (shares printed and out approx 4,780,000(as per edgar) august 2000. A further 24,000,000 were authorized and issued between august 2000 and December 2004. These are not out and are held in custody with the company pending an eventual reverse merger. So effectively there are a maximum of 4,750,000 shares in certificate form.
The press releases, When we initially discovered the bare facts of the fraud we asked Carter Care to issue a retraction, i.e. they had not reversed into us and there was no connection. Instead they issued an announcement as if they were still BCIT. The only announcement I had ever authorized was the announcement around 12th 13th June 2005 that baldy stated that we had not reversed, not issued any new shares, and were possibly considering a deal. That was the only announcement that BCIT ever authorized and had sight of prior to publication. (I wrote it myself) The rest is all ########.
My current resident agent is Catherine Mead. My previous agent had told me sometime in may that my annual filing for the year June 2005/6 had been rejected by secretary of state Nevada because somebody else had put himself on the Board and removed Duffy and I. On learning of this I wrote to the state and informed them that there was a problem and that the file had to be adjusted to show the true position. At the same time I changed resident agents (there was no problem with the previous one) because my previous agent was going on holiday would be away for at least 2 weeks effectively and I did not want to leave the position challenged, this was not done out of a sense of public duty but because I wanted to protect my value in BCIT as I am effectively the largest shareholder in the company.
When the mess revealed itself I asked Mr Stewart Sytner a BCIT shareholder to investigate and work out what had happened. He lives in New York and he came into contact with what appears now to be the core of the offending parties and through him I had some contact with them, though at the time we were not aware of the precise nature of their involvement as they presented themselves as people who had been duped.
Do not know blue sky solutions do not stephanie soleas
talked to barkev kibarian on 1 occasion He was introduced to me I think sometime in June as a pr man who would help clear the mess up and he was associated with this mario pino you mention who I have spoken to 3 times who claimed he was duped by a man called carter. He offered with others to buy the shell (June) he wanted to put a gold deal into it )which he offered to me to reverse into). I declined both offers and stated that if I was paid $2,000,000 whether defined as damages or or as the price of the shell ( I did not care which) they could have the mess which I am sure with the benefit of hindsight they are the architects of.
All of the characters whom you mention and that I have had some if only staccato contact with crawled out of the woodwork as a consequence of Mr Sytner`s digging when I started to shout and scream and the end of may/june. and have had no knowledge of their prior existence.
Do not know Randy Saywer.
Could you please elaborate on Pino and MLON as he was introduced to me as one of the wronged parties.
BCIT does not have a current transfer agent, I contacted her myself about 8/10 days ago for 2 reasons. She has the original share register which will confirm my figures as to the 4,750,000 shares authorized and issued, and I wish to reappoint her as transfer agent as soon as I have completed the filings up to date for the company.
As to the possibility of a reversal I am not sure whether in the current climate it is possible. I explained to (xxxx Treespeople) that last November I had decided to bring all the filings and other matters up to date as I was looking to reverse in my own business here in Europe into it (my operation now has about 50,000,000 euros in hard assets, mainly property in city centre) and for that purpose I sent $25,000 to steven feldman an accountant to commence the work to bring the filings up to date. This was at the beginning of the year. Everything was going well until feldman informed me of this problem in may.
Will forward detailed stuff asap, I still unfortunately still have to work for a living.
posted
bach, sry didnt see this msg til now. now, were you talking about that pullback at 0.0056 that last for a blip?? heh, yeah, it quickly went back up.. back up at 0.0066 at the moment.
i'm in long.. waiting for more news/rumours. this is expected to hit .01 - .02 range by the end of the week. before the dilution w the fake shares, it was said to be at 0.08 in february. ceo looking to do a reverse merger into this shell. check out the ihub board. there's more chitchat going on over there about bcit. glta.
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awsome gains on BCIT for me 2 too, sold half for 5 bags, holding the freebies and more.
just wanted to let you know that ILCO usually follows BCIT as the charts are pretty much the same and the patterns too, I thikn ILCO is next to run might be a good time to load up
-------------------- The sun even shines on a dogs ass someday, have patience my friend ur day will come!
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I'll be the first to say, I am an idiot for selling this the other day. I hate it when I sell to get a double, then come back a few days later and see a chart like this. Gdmit
-------------------- You can't afford to risk, what you can't afford to loose.
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I think it looks good, there is still alot of buying pressure and a low float. I see this thing having a similar day tomorrow and gapping.
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Predictions or hopes. I see this stock making it to at least .01 today. Volume and buying pressure was great yesterday, short of that I'm still just shocked about this one. What does everyone else think?
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She's coming back up, volume is doing good, not quite as high as yesterday, but still holding pretty strong. What are your thoughts?
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WOW, I was in a meeting until about 30 mins ago, come back and wow. What kind of shake was that; how is she lookin guys. L2's anyone?
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