3SOF

Wow, I'm very glad I sold.  Today's volume of close to 100 million, combined with a .0015 price, does this make it a buy again? 

Any thoughts Frederick?

Hello !

TA - UP  +

Bancorp International Group Inc. Announces Initial Interim Conclusions of Ongoing Investigation
Aug 1, 2005 5:53:00 PM
2005 PrimeZone Media Network
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.

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.

https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?CorpID=243077

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

Regards.
Evgeny.

Volume has continued, along with upward bias in price.  Interesting that it is not leaping in one day, 50% gains, as many of the other pennies do,  but more a steady upward direction, day by day.

Decided to take the plunge on Thursday at .0027.  Climbing steadily.  Closing near the highs. Good volume (50 mil+ daily).  Broke thru the 50 day MA on Friday.

Continuing to move this morning.  Up 25% on good vol (21 mil shares).

Moving on up .
Great pick Ramsburgh!

**************************************************************

BANCORP INTL GRP (Other OTC:BCIT.PK) Delayed quote data 

Last Trade: 0.0068
Trade Time: 11:36AM ET
Change:  0.0022 (47.83%)
Prev Close: 0.0046
Open: 0.0049
Bid: N/A
Ask: N/A
1y Target Est: N/A

  Day's Range: 0.0049 - 0.0075
52wk Range: N/A
Volume: 56,790,563
Avg Vol (3m): N/A
Market Cap: N/A
P/E (ttm): N/A
EPS (ttm): N/A
Div Yield (ttm): N/A 

I'm out.  Great run (.0027 to .0080). May have more legs, but I am used to watching the profits vanish.  My thanks to Ramsburg as well !!

Be very careful, I'm surprised this thing isn't halted yet.

I had posted about this back when it was like .0013 which was my avg buy in.  Once it started taking off I got trigger happy and sold at .002   

But once I saw that recent PR that came out, I'm just waiting to see if they are going to be halted. 

Thanks guys

I'm out too.

What was the talk about being halted
Up day again.

http://biz.yahoo.com/pz/050811/83779.html

It's all going to come crashing down sooner or later.  Bummed I missed the rest of the boat but glad I'm out at least. 

Hello !

http://stockcharts.com/def/servlet/SC.web?c=bcit,uu[m,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G

Regards.
Evgeny.

I can't figure this out...
I'm not in ,and never was. But you all were talking of this being halted,
so I guess you all sold.But look,it is still moving up!
Please someone explain to me why everyone ran for the border

Quote from: setravis on August 22, 2005, 08:25:38 PM
I can't figure this out...
I'm not in ,and never was. But you all were talking of this being halted,
so I guess you all sold.But look,it is still moving up!
Please someone explain to me why everyone ran for the border

It's really hard to sell a 10 bagger a few weeks before the time... ARRGGG !!!

I'm not sure if anyone is holding this rocket, but congrats !!

Zoom..Zoom.....
Is anybody holding?
*************************************************************
Press Release Source: Bancorp International Inc.


Bancorp International Group Inc. Announces the Appointment of the Company's New Stock Transfer Agent
Friday August 26, 4:45 am ET


NEW YORK, Aug. 26, 2005 (PRIMEZONE) -- Referring to Bancorp International Group Inc.'s previous announcement of its intention to appoint a transfer agent, let it be known that the Pacific Stock Transfer Company has been appointed the company's stock transfer agent effective as from the date and time of this announcement. All enquiries and matters relating to the transfer and integrity of the company's shares are to be addressed to: e-mail:[email protected], telephone 702 361 3033, fax 702 433 1979.
Bancorp International Group Inc will shortly be making a further announcement relating to the procedure and process of the company's intention to recall and re-issue all of the company's share certificates.



Thomas Megas
Ceo

Bancorp International Group Inc. proposed recall and re-issue of all of the company's share certificates



Contact:
         
Bancorp International Group
telephone: (702) 361-30334
fax: (702) 433- 1979
e-mail:[email protected]


--------------------------------------------------------------------------------
Source: Bancorp International Inc.