Redemption and BANCORP INTERNATIONAL GROUP, INC. (BCIT)
Redemption Global Holdings S.A. has agreed with BANCORP INTERNATIONAL GROUP, INC. (BCIT) to participate in the funding of Harolds (www.harolds.ch) as an International franchise.
Redemption Global Holdings S.A. has further agreed to participate in an offer to legitimate shareholders of Bancorp BCIT to exchange 1 share of
Redemption Global Holdings S.A. in Exchange for 1 (delivered) share of Bancorp BCIT.
BANCORP INTERNATIONAL GROUP, INC. (BCIT) and Redemption Global Holdings S.A. have identical share structures.
Shareholders are encouraged to contact
Redemption Global Holdings S.A.
Principal Floor DCHA 2
235 Calle Arragon
Barcelona 08007
Spain
Email: [email protected]
Harold’s is an established restaurant featuring a variety of bold flavored, made-to-order menu items. The restaurants create an inviting neighborhood atmosphere that includes an extensive multi-media system, a full bar and an open layout, which appeals to sports fans and families alike. The concept offers elements of the quick casual and casual dining restaurant concepts featuring a flexible service model that allows guests to choose among convenient dining options such as quick casual counter service, casual dining table service or take-out. The world renowned food and inviting atmosphere drives guest visits and loyalty.
Harold’s want to establish the brand through coordinated marketing and operational execution that ensures brand recognition and the quality and consistency of the concept. These efforts include marketing programs, award-winning advertising to support the restaurant. The concept is further strengthened by the emphasis on operational excellence supported by stringent operating guidelines and comprehensive employee training.
The business goal is to continue to grow and develop Harold’s. To do so, Harold’s plan to execute the following
• Offer a boldly flavored menu with broad appeal.
• Create an inviting, neighborhood atmosphere.
• Continue to strengthen the Harold’s name.
• Focus on operational excellence.
• Increase same-store sales and average unit volumes.
The short interest in BCIT could be around 1b shares, the stock might be worth as much as $8.25 per share, THE SHORT SQUEEZE OF THE CENTURY.
Is there an offer coming? Now it there is!
Here is the history from http://www.let-bcit-trade.com/
The Corporate Identity Theft – A Company gets stolen
As the Securities Exchange Commission (SEC) claimed in Litigation Release No. 20466 Bancorp International Group, Inc., BCIT, (the “Company”), was a victim of corporate identity theft in 2005. Between May and August 2005, the market was flooded with 41 counterfeit stock certificates representing approximately 245,000,000 shares. These counterfeit certificates were produced by fraudsters Mario Pino and Pamela J Thomson.
These shares were then introduced and cleared into the public markets by brokers J.H. Darbie (Darbie) and Capital Growth Financial (CGF), and ultimately the Depository Trust and Clearing Corporation (DTCC), the private corporation and self regulated organization (SRO) mandated by Congress for the clearing and settlement of security trades. The number of these counterfeit shares exceeded the easily verifiable legal outstanding share count of 4,890,000 by a factor of fifty.
Due to the appearance of these counterfeit shares and the huge unexplained increase in trading volume (from May to August 2005 the company’s trading volume was 2,076,500,035 shares – 424 times the shares outstanding and 1892 times the shares in the legal public float), the company contacted the SEC, the Financial Industry Regulatory Authority (FINRA, then NASD) and the DTCC to alert them of the anomalous trading activity. Subsequently, due to questions arising about the certainty of the company’s capital structure, the DTCC suspended clearing services on August 11, 2005 though the stock continued to publicly trade until August 31, 2005 when the SEC announced a temporary suspension of trading in the company’s shares from 9:30 a.m. on August 31, 2005, and terminating at 11:59 p.m. on September 14, 2005.
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