>>A little BCIT re-education:
By Art2Gecko
Some VERY early emails with Megas shortly after I first contacted him on 7/27/2005
email 1
FW: WALL STREET GROUP LLC 2415 E. Camelback Road Phoenix, AZ 85016 CEASE AND DESIS
From: Thomas Megas (tpm14@hotmail.com)
Add contact
Sent:Sat 7/30/05 1:02 AM
To: ChanK@SEC.GOV
(Kelly Chan, Denver office, SEC)
Cc: tpm8@harolds.ch; aphoenix31@hotmail.com
I have been attempting allbeit unsucessfully with the help of a chap called art gecko to get the tradingin the carter signed certificates stopped. This may be of interst.
>From: APino49350@aol.com>To: tpm14@hotmail.com>
Subject: WALL STREET GROUP LLC 2415 E. Camelback Road Phoenix, AZ 85016 >CEASE AND DESIS>Date: Fri, 29 Jul 2005 18:16:04 EDT>>>WALL STREET GROUP LLC>2415 E. Camelback Road>Phoenix, AZ 85016>>>CEASE AND DESIST NOTICE>>>July 29, 2005>
To:THOMAS MAGNUS>STWERT SYTNER>BOARD OF DIRECTORS @>BANCORP INTERNATIONAL GROUP>
Transaction: BCIT>This order demands that the above mentioned person(s) and all associated>persons involved in the referenced transaction noted above immediately >Cease and>Desist all efforts regarding this transaction.>This order is issued due to failure of commitment on the part of the party>to perform this transaction and failure to allow the deal to complete >within a>reasonable period of time as determined by Wall Street Group. You are>instructed to forward this Order to any providers, brokers or >intermediaries with>whom you have placed the above mentioned transaction and restricted from>further discussion to outside parties of the details of the transaction.>You are also specifically prohibited from issuing any other transaction in>the name of this Company, ending any further communication with our >clients>without obtaining prior permission to do so.>YOU ARE TO IMMEDIATELY CEASE AND DESIST FROM PUBLISHING ANY FALSE AND>DEFAMATORY STATEMENTS CONCERNING MARIO PINO, WALL STREET GROUP, LLC, OR >ANY RELATED>ENTITIES OR APPROPRIATE LEGAL ACTION MAY BE TAKEN AGAINST YOU.>Thank you,>Mario Pino>Mario Pino, President>Wall Street Group LLC>
email 2
RE: bcit fraud announcement
From: Thomas Megas (tpm14@hotmail.com)
Sent:Sat 7/30/05 9:36 AM
To: aphoenix31@hotmail.com
Cc: tpm8@harolds.ch
pino has nothing from me save an e mail thanking him for his co-operation and best efforts reference any gold deal he may ultimately produce, matters right, reminding him of the matter of unsettled damages, and asking him for a list of all bcit statements in the market. (Up to this point I had not yet put him with the bad boys i-e- carter lessor thompson as he claimed he was one of the victims like yourself) ). The SEC have copies of these e mails, and I cannot in any way see how these constitute a contract. Neither does the $50,000 initial good faith payment on account of damages and legal investigation expenses constitute a contract, there is nothing in writing with him, though he did sign the payment annex to the settlement agreement. I have learned that part of Pino`s technique in such situations is to operate and communicate with victim both investor and company as if he has a thick pile of provenance. There are three distinct aspects of my exposure to Pino. His original attempt to hijack the company, the attempt to reach a settlement, his attempt to foist on me a gold deal so he could sell the bad shares he got from carter. I remedied the first, made little progress apart from $50,000 on the second, told him would consider seriously the gold deal on the third and would only begin due diligence after I had met President Chavez, having done all that might be prepared to sign an loi. Sytner mentioned in the CD was empowered by me only to investigate the crime and act for the company in that capacity. He had no power to committ the company. This is probably the only straw he could grab. There are no agreements anywhere that have any currency. Apart from all of this I seem at least to be doing something right if the cd`s continue to come in.
email 3
RE: FW: Fwd: BCIT // C&D // BCIT NOTICE
From: Thomas Megas (tpm14@hotmail.com)
Sent:Sat 7/30/05 9:46 AM
To: aphoenix31@hotmail.com
Sytner was the guy I initially sent to find out what had happeppened in May . He is a friend living in NEW YORK. he told me what had happened in Nevada, organized the drafting of the failed settlement agreement, and was the main conduit to them as I was in Europe, I only came into direct contact e mail and phone 3 to 4 weeks after the initial alert, in the early stages we certainly had no idea of the scale and magnitude of the problem. >
From: "Art Gecko" <aphoenix31@hotmail.com>>To: tpm14@hotmail.com>Subject: RE: FW: Fwd: BCIT // C&D // BCIT NOTICE>Date: Sat, 30 Jul 2005 03:30:38 +0000> --Forwarded Message Attachment--
From: aphoenix31@hotmail.com
To: tpm14@hotmail.com
Subject: RE: FW: Fwd: BCIT // C&D // BCIT NOTICE
Date: Sat, 30 Jul 2005 03:30:38 +0000
yes, it's certainly of interest. I assume you have documentation to dispute his claims.. Have you been in contact with Stewart Styner about all this recently? How did Styner come in contact with Pino in the first place, anyway?
Amazing that Pino would pursue this when the SEC has a standing file on him. Who is this Thomas "Magnus" anyway. he he.
Very interested to hear what your contact at the SEC has to say about this..
email 4
RE: another thing to check
From: Thomas Megas (tpm14@hotmail.com)
Sent:Mon 8/01/05 9:16 AM
To: aphoenix31@hotmail.com
I have been trailing through the history of the co since 2000 August, Lessor is or was a small shareholder in the company, he tried about two and a half years ago I remember to do the same thing. managed to frustrate him, assumed that occurrance was a one of abberration. He may have used some documentation from that attempt to do what your friend says. Never has been a board member or an executive and unknown to all my board and I then who were exclusively brits from this side of the water. >From: "Art Gecko" <aphoenix31@hotmail.com>>
To: AcadiaGroup@aol.com, tpm14@hotmail.com>Subject: another thing to check>Date: Sun, 31 Jul 2005 14:11:53 +0000> --Forwarded Message Attachment--
From: aphoenix31@hotmail.com
To: tpm14@hotmail.com
Subject: another thing to check
Date: Sun, 31 Jul 2005 14:11:53 +0000
Had a converation with another guy about this situation, he mentinoned this..
"what i a remember sometimes happens is someone on the board
sells his seat on the board and voting rights,than mario takes that letter to a broker and his lawyer and has the 504 shares issued as a majority board holder,not shareholder but voting rights..
sounds like they better evaluate their voting share board holders,might find the leak there.. "
email 5
RE: announcement bcit
From: Thomas Megas (tpm14@hotmail.com)
Sent:Tue 8/02/05 2:54 AM
To: aphoenix31@hotmail.com
Cc: tpm8@harolds.ch
I have not a clue. first time all of this for me, will forward announcement to all the agencies and regulators you suggested. I hope he does not start printing march indy shares (not enough authorised to do that). >
From: "Art Gecko" <aphoenix31@hotmail.com>>
To: tpm14@hotmail.com>Subject:
RE: announcement bcit>
Date: Tue, 02 Aug 2005 02:39:38 +0000> --Forwarded Message Attachment--
From: aphoenix31@hotmail.com
To: tpm14@hotmail.com
Subject: RE: announcement bcit
Date: Tue, 2 Aug 2005 02:39:38 +0000
Well, I guess Pino knows you ignored his C&D.... wonder what he'll try next.
>From: "Thomas Megas" <tpm14@hotmail.com>
>To: aphoenix31@hotmail.com
>Subject: announcement bcit
>Date: Mon, 01 Aug 2005 22:51:23 +0000
>
>
>have you seen the announcement? tom
email 6
RE: BCIT
From: Thomas Megas (tpm14@hotmail.com)
Sent:Sun 8/07/05 3:13 PM
To: aphoenix31@hotmail.com
Cc: tpm8@harolds.ch
yes had an e mail from kelli chan at the sec with an attachment depicting a BCIT share certificate purporting to have my signature on, it is my signature taken by facsimilie from one of the old March Indy certificates however they have taken the wrong secretary signature on the document, using one used 5 years ago (M Puig resigned then), they should have used duffy`s signature. Will be talking to sec on monday, and pushing ahead with pacific transfer, tom >
From: "Art Gecko" <aphoenix31@hotmail.com>>To: tpm14@hotmail.com>CC:
Subject: BCIT>
Date: Fri, 05 Aug 2005 15:57:56 +0000> --Forwarded Message Attachment--
From: aphoenix31@hotmail.com
To: tpm14@hotmail.com
Subject: BCIT
Date: Fri, 5 Aug 2005 15:57:56 +0000
Any updates on any fronts?
email 7
RE: (no subject)
From: Thomas Megas (tpm14@hotmail.com)
Sent:Sun 8/07/05 4:08 PM
To: aphoenix31@hotmail.com
talked to kelli chan today, says trying to work out some sort of enforcement measure, means I may have to go to Denver to sign affidavit
>From: "Art Gecko" <aphoenix31@hotmail.com>>
To: tpm14@hotmail.com>
Subject: RE: (no subject)>
Date: Thu, 04 Aug 2005 12:36:11 +0000> --Forwarded Message Attachment--
From: aphoenix31@hotmail.com
To: tpm14@hotmail.com
Subject: RE: (no subject)
Date: Thu, 4 Aug 2005 12:36:11 +0000
I agree absolutely, however, perhaps that is the "method to Pino's madness" so to speak. He apparently knows how to work these scams, knowing that the only real remedies to the problem he creates, costs the victim even more money. He is just counting on people walking away from the situation, and continuing to pocket his ill gotten gains. It's unfortunate that the system can be worked like this, but with the SEC understaffed, it seems the cases they take on are few and far between, particularly on the pinks.
I think going ahead with Pacific, and the filings is good in the meantime.
email 8
RE: FYI
From: Thomas Megas (tpm14@hotmail.com)
Sent:Sun 8/07/05 10:20 PM
To: aphoenix31@hotmail.com
Cc: tpm8@harolds.ch
kelli chan works out of the denver office, talked to her again tonight, wants me to sign an affidavit, worked out how pino and co got my signature and the old secretary`s signature, when the shit first surfaced a copy of one of the original certificates was sent to them to prove that the carter certificates were phoney. When they lifted the signatures they did not know that m. puig resigned as secretary 5 years ago. Tom
>From: "Art Gecko" <aphoenix31@hotmail.com>>
To: tpm14@hotmail.com>
Subject: FYI>
Date: Sun, 07 Aug 2005 16:53:23 +0000> --Forwarded Message
Which office does Kelli work out of?
email 9
Fwd: Contact information
From: Tom Megas (tpm8@harolds.ch)
Sent:Sun 8/07/05 10:49 PM
To: aphoenix31@hotmail.com
Begin forwarded message:
From: "Chan, Kelli F." <ChanK@SEC.GOV>
Date: August 7, 2005 5:52:52 PM GMT+02:00
To: "'tpm8@harolds.ch'" <tpm8@harolds.ch>
Subject: Contact information
Mr. Megas:
Here is my contact information.
Kelli Farrand Chan
Staff Attorney, Enforcement
United States Securities and Exchange Commission
1801 California Street, Suite 1500
Denver, CO 80202
Phone: 303-844-1083
Fax: 303-844-1052
My supervisors:
Susie Youn, Branch Chief
303-844-1038
Mary S. Brady, Assistant Regional Director
303-844-1023
email 10
FW: certificates
From: Thomas Megas (tpm14@hotmail.com)
Sent:Tue 8/09/05 2:32 PM
To: aphoenix31@hotmail.com
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
CEO president bcit
From: diplomatzvi@aol.com>
To: rnurse@dtcc.com
CC: tpm14@hotmail.com>
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. Youn of the SEC and scan and forward same to Mr. Megas at _tpm14@hotmail.com_>(mailto:tpm14@hotmail.com)>Ms. Youn 303 844 1038>Thank You>Stewart Sytner
email 11
Re: copy of letter sent to state of Nevada
From: Tom Megas (tpm8@harolds.ch)
Sent:Tue 8/09/05 4:38 PM
To: Art Gecko (aphoenix31@hotmail.com)
Stewart Sytner was the person who originally introduced me to bcit when it was acquired and remained despite the spell of long inactivity a friend and a shareholder. When this mess blew up in May, I being in Europe empowered him because he lives in New York and because I have known him for some time and because we were working together to bring bcit up to date etc to go and find out what had happened . He did this he went and saw most of the principal actors in this tawdry drama and initially hoped as a result of this contact with them got damages, and started an investigation. When he met pino, pino claimed that he was one of carter`s victims, and as all the people he met agreed to put bcit to rights pino was not initially seen as one of the architects of the mess, this was put at the door of lessor and carter. I never met nor directly contacted any of these parties initially but left this all to stewart, particularly as it seemed everyone appeared to be genuinely trying to do the right thing with respect to damages. It was not until I realised that the gold deal announcements were being made and the inability to implement the legal and financial arrangements of the damages agreement that got me going.
Finally, when you got in contact all the missing bits fell into place. Stewart Sytner did tell me that whatever I did it would have little impact, but at least attempting to do something relieves some of the frustration. At first I thought Stewart was not doing his job but having no experience
of the particular nature of the beast he had to deal with I am now not surprised that he was basically ineffectual. Pino seems to have the ability to mutate as he proceeds . It is sheer brazeness of what he does that astonishes me. Stewart no match for him.
On Jul 28, 2005, at 2:32 PM, Art Gecko wrote:
Tom,
Did you ever get a reply from the SOS's office to this letter?
Also, in trying to untangle the series of events.. What is your relationship to Stewart Sytner, and how did he get mixed up with Mario Pino, barkev kibarian et al...
>From: Tom Megas <tpm8@harolds.ch>
>To: ChanK@SEC.GOV
>CC: aphoenix31@hotmail.com
>Subject: copy of letter sent to state of Nevada
>Date: Thu, 28 Jul 2005 07:59:40 +0200
><< BancorpStateofNevadal_D0121.doc >>
><< BancorpStateofNevadal_D0121.doc >>
email 12
Re: copy of letter sent to state of Nevada
From: Tom Megas (tpm8@harolds.ch)
Sent:Tue 8/09/05 5:25 PM
To: Art Gecko (aphoenix31@hotmail.com)
thank you, I now understand, I will put this in the art gecko `bible` I did not know what a level 11 quote is till now. How do I get in on the computer to see this quote?
On Aug 9, 2005, at 7:16 PM, Art Gecko wrote:
As far as knowing SACM was the seller... anyone watching level II quotes could see that.. SACM was the "best ask" for weeks, doing all the selling volume. NASD or DTC should have the records on all of that... the "buy-in" referred to is what SEC rule 203(b)(3) forces, when a broker/dealer has sold shares that they cannot deliver. law.uc.edu
since SACM (and whomever Mario got to sell the phony shares, if any) sold shares that arent real, once you sign that affadavit, and prove those shares are phony, they have effectively sold without delivery, and should be subject to that rule, - thereby having to buy back these shares to even out their positions, and most likely cancel the phony shares as they do.... This is what the NASD and DTC need to enforce, and by law, should once the situation is proven.
>From: Tom Megas <tpm8@harolds.ch>
>To: Art Gecko <aphoenix31@hotmail.com>
>Subject: Re: copy of letter sent to state of Nevada
>Date: Tue, 9 Aug 2005 19:07:15 +0200
do not think so , I will have another look, my computer was messed up a little while ago so not sure if missed anything. only reply from pink sheets, and sec who want to see me. The sec asked me how I found out about who was the market maker. I referred to you . Incidentally what is a buy in order?
On Aug 9, 2005, at 6:51 PM, Art Gecko wrote:
Yes, Pino is quite the piece of work. I think you are going about things right, here getting the regualtors involved, but not sure if that will be the be-all/end-all of the situation... If the DTC does issue a buy-in order then you are home free, if not, you may have to go the share exchange or cash tender offer route.
Respond | View Replies (1)
Posted by: Art2Gecko
In reply to: betolluvioso who wrote msg# 97773 Date: 1/2/2008 4:54:21 PM
Post #
From: Thomas Megas (tpm14@hotmail.com)
Sent:Wed 1/02/08 8:44 PM
To: Art Gecko (aphoenix31@hotmail.com)
Cc: tpm8@harolds.ch
the sec has conducted an investigation into this matter. Why does he not ask the sec? He will not because he already knows what the answer would be. Hoping to create a platform to get those responsible off the hook. What he is saying is absurd, but there is always an individual somewhere who will believe this nonsense. He obviously works for those who received the money duped the market into selling sold fraudulent shares. In doing so he is also committing fraud and perjury.
best tm bcit
betolluvioso, If you are so sure there was a deal and or Megas/BCIT is complicit in all this, forget about posting on a message board, take some action. Why not contact Kelli Chan of the SEC whom already dealt with this case and see what she says. You too KRUY, give her a call.
Kelli Farrand Chan
Staff Attorney, Enforcement
United States Securities and Exchange Commission
1801 California Street, Suite 1500
Denver, CO 80202
Phone: 303-844-1083
Fax: 303-844-1052
My supervisors:
Susie Youn, Branch Chief
303-844-1038
Mary S. Brady, Assistant Regional Director
303-844-1023
Respond | View Replies (10)
Posted by: Art2Gecko
In reply to: betolluvioso who wrote msg# 97773 Date: 1/2/2008 5:39:40 PM
Post #
FW: Investors Hub - Bancorp International Group Inc (BCIT) Post #97773
From: Thomas Megas [mailto:tpm14@hotmail.com]
Sent: Wednesday, January 02, 2008 4:28 PM
To: 'Art Gecko' (aphoenix31@hotmail.com): tpm8@harolds.ch
Subject: Investors Hub - Bancorp International Group Inc (BCIT) Post #97773
Pino trying to bluster and bully bcit . Did not work. Sec has seen all this nonsense and the context in which it was issued No deal ever done other than to return all forged certs and pay compensation. Bcit had a good laugh when it received this. Pino could not go to court on it. He is not in jail because there is no money in it to pay for the prosecution of him and the others. If it was microsoft it would have been different. Bcit went to court, pino did not. Bcit still pursueing him for balance of court awarded compensation. Rubbish.
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