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Microcap & Penny Stocks : BCIT.... $1 or bust. Tale of "A broker's Plea for shares"

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To: Rocket Red who wrote (131)5/1/2007 11:52:06 AM
From: M0NEYMADE  Read Replies (1) of 209
 
Tom Megas to an email I sent him. Mr Megas knows I post his responses here on IHUB.

From: "Thomas Megas" <tpm14@hotmail.com>
To: david
CC: tpm8@harolds.ch
Subject: BCIT
Date: Tue, 01 May 2007 14:40:20 +0000

The legal action has no bearing on anybody having to give up their rights to shares they have paid for. It only takes away their rights to hold counterfeit certificates as 95% of the defendants have at the moment. You can never cash in a counterfeit cert. You can now not trade a counterfeit cert.

Once this process is completed then the 95% are entitled to ask their brokers for good shares the court having declared that the ones they currently hold are counterfeit. Those who sold you counterfeits must now replace them. This is something you must do for yourself not the company That is all this action is about. Bcit is not taking anything away from you because you have nothing to take away.

What you do have is a contract note with your broker, the company is not taking away that contract and your broker must honour it especially after this court case.

I believe the action against the shareholders has already been dismissed by the court (30th april), i.e. you are no longer defendants, so bcit is now able to get on with the final part of the case which is the declaratory judgement. Once the judgement is in place you can then ask for physical delivery of your shares from your broker instead of holding the worthless counterfeit crap you have now.
best regards
tm
bcit

From: "David" <david>
To: tpm14@hotmail.com
Subject: BCIT
Date: Tue, 01 May 2007 08:16:01 -0400

Mr Tom Megas, as you probably have heard by now, lawyers are
getting involved. They will take what little money some of these folks have (or don't have) and then make money on any type of settlement. If no settlement they will continue on and take more money from your shareholders to take action against the brokers.

It is way out of control now! Most folks are running on blind faith for you. I know it's not your problem but morally and humanitarian wise this needs to be controlled. You have the answers and you could put a lot of worried amature minds at rest. Just look at the IHUB board, its' a complete mess of miss-information and fear.

Folks are starting to get fleeced and although not your problem it could be helped by you. I know you are a business man but you are a human being also.
Please help the weak and uninformed before it ia too late!

You seem like a decent human being from my dealings and emails to you! This has spun way out of control and the only ones that will get hurt are the weak and they are thre ones who can afford it least.

Please feel it in your heart to respond to everyone with a PR
letting folks know you are not out to get them and they just need to wait for the shares to be judged. I really don't think you want money from folks who have none to give and you really don't want their 10,000 shares or what little they invested for their families and retirement. I don't believe that is what you are all about!

David
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