BCIT.... $1 or bust. Tale of "A broker's Plea for shares" Message Board

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

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To: M0NEYMADE who wrote (175)	5/15/2007 8:34:46 PM
From: M0NEYMADE	of 209

*BEST POST IN 2WEEKS READ**This is is exactly how i and many others here saw the situation...those that followed the bashers ill timed advise to sue Megas WE ARE PROBABALLY ALL SCREWED FOR IT. Posted by: kruy In reply to: None Date:5/15/2007 6:35:02 PM Post #of 79556 IMPORTANT, Just talked to my atty and am starting to connect the dots here. I learned that for most of us that deal with brokerages that trade across state lines (such as Ameritrade) they are covered under Federal law, which means most of us have 2 years to litigate this with out brokers before the statute of limitations expires. (as opposed to 3 years for instate) Anybody starting to see why the brokerages were more than happy to help out to get this dismissed? I think it may be possible that Megas was trying to get us to beat the statute of limitations by forcing us to make claims against the brokerages and at the same time eliminate our shares so that he can get the stock trading. My atty is a securities law atty, and does know higher ups at certain brokerages having been a prosecutor for the SEC for 35 years. He said the brokerages were furious about the lawsuit, and now I understand why as it would have forced us to make claims against the brokerages. If most of us allow 2 years from the time we purchased our shares to expire without bringing some sort of action against the brokerages, they are basically off the hook to provide shares. As it stands, they MUST provide shares at this time and that is a matter that can be litigated regardless of waivers or disclaimers by the brokerages. I am not trying to solicit any business for any atty, but I would suggest everybody take heed of what I just said. Also, I will be starting litigation on my own soon, and if anybody wants to join in on legal action agains Ameritrade, please email me at the email listed on my profile which is hkruy@hotmail.com. I am only interested in those who have Ameritrade accounts as it would be cheaper to higher one lawyer for the same action as doing it independantly, and I will initiate legal action anyway. AGAIN, I AM ASKING FOR RESPONSES FROM AMERITRADE CLIENTS ONLY. For others with other brokerages, I strongly suggest you seek legal opinion as virtually everyone here will have their limitations expire by this Sept. e/

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