UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                   FORM 10-QSB

              [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                  For the quarterly period ended March 31, 2001

       [ ] TRANSITON REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
              For the transition period from ___________to _______

                        Commission file number 000-25261

                        BANCORP INTERNATIONAL GROUP, INC.
                   (formerly "March Indy International, Inc.")
        (Exact name of small business issuer as specified in its charter)



          NEVADA                                   88-0339817
(State of other jurisdiction                     (IRS Employer
of incorporation or organization)             identification number)


         210 Park Avenue, Suite 2800, Oklahoma City, Oklahoma 73102-5604
                    (Address of principal executive offices)

                               Tel #: 405-235-8318
                           (Issuer's telephone number)
                   6767 West Tropicana Avenue, Suite 207, Las
                Vegas, Nevada 89103 (Former name, former address
              and former fiscal year, if changed since last report)

Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange act during the past 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days. YES [ ] No[X]

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act) YES [X] No[ ]

                      APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common
stock, as of the latest practicable date:



CLASS                                              OUTSTANDING AS OF
Common Stock                                       December 31, 2005
Par value $0.001 per share                         4,029,916 Shares


          Transitional Small Business Disclosure Format: Yes [ ] No [X]

<PAGE>

                        BANCORP INTERNATIONAL GROUP, INC.
                   (formerly "March Indy International, Inc.")
                                   FORM 10-QSB

                      FOR THE QUARTER ENDED MARCH 31, 2001



                                TABLE OF CONTENTS


PART 1 - FINANCIAL INFORMATION

                                      PAGE

Item 1.  Financial Statements (unaudited)

         Balance Sheet as of March 31, 2001.........................3

         Statements of  Operations  for the three
         months ended March 31, 2001 and 2000.......................4

         Statements of Cash Flows for the three months
         ended March 31, 2001 and 2000..............................5

         Notes to Financial Statements..............................6

Item 2.  Management's Discussion and Analysis or Plan
         of Operations..............................................10

Item 3   Controls and Procedures....................................13


PART II - OTHER INFORMATION

Item 1.  Legal Proceedings..........................................14

Item 2.  Unregistered Sales of Equity Securities
             and Use of Proceeds....................................14

Item 3.  Defaults Upon Senior Securities............................14

Item 4.  Submission of Matters to a Vote of
         Securities Holders.........................................14

Item 5.  Other Information..........................................15

Item 6.  Exhibits and Reports on Form 8-K...........................16

Signatures

                                       2

<PAGE>

                        Bancorp International Group, Inc.
                    (formerly March Indy International, Inc.)
                           Consolidated Balance Sheet
                                 March 31, 2001
                                  (unaudited)


                                     Assets


                    Total Assets                                   $          -
                                                                   =============


    Liabilities and Shareholders' Deficit

Accounts payable and accrued expenses                                   200,675
Accounts payable and accrued expenses - discontinued operation           64,175
                                                                   -------------
       Total current liabilities                                        264,850
                                                                   -------------


Shareholders' Deficit:
        Common stock, $0.001 par value; authorized 25,000,000
           shares; 4,029,916 shares issued and outstanding                4,030
        Additional paid in capital                                    4,532,498
        Accumulated deficit                                          (4,801,378)
                                                                   -------------
           Total Shareholders' Deficit                                 (264,850)
                                                                   -------------


       Total liabilities and shareholders' deficit                 $          -
                                                                   =============





                 See notes to consolidated financial statements.

                                       3


<PAGE>

                        Bancorp International Group, Inc.
                    (formerly March Indy International, Inc.)
                      Consolidated Statements of Operations




                                                    Three Months Ended
                                                        March 31,
                                                 2001              2000
                                           ----------------  ----------------
                                             (unaudited)         (unaudited)
Cost and  expenses:
        General and administrative         $             -   $        34,750
                                           ----------------  ----------------
           Total cost and expenses         $             -   $        34,750
                                           ----------------  ----------------

Net loss from continuing operation                       -            34,750

Loss from discontinued operation                         -           225,000
                                           ----------------  ----------------

Net loss                                   $             -   $       259,750
                                           ================  ================

Basic and Diluted loss per share:
        from continuing operation          $             -   $         (0.01)
        from discontinued operation        $             -   $         (0.06)
                                           ----------------  ----------------
Total net loss per share                   $             -   $         (0.07)
                                           ================  ================

Weighted average shares outstanding              4,029,916         3,613,392
                                           ================  ================


                 See notes to consolidated financial statements.

                                        4

<PAGE>

                        Bancorp International Group, Inc.
                    (formerly March Indy International, Inc.)
                      Consolidated Statements of Cash Flows



<TABLE>
<CAPTION>

                                                                   Three Months Ended
                                                                        March 31,
                                                              2001                     2000
                                                      -------------------       -----------------
                                                          (unaudited)              (unaudited)
Cash flows from operating activities
<S>                                                   <C>                      <C>
     Net loss                                         $                -       $       (259,750)
     Adjustments to reconcile net loss to
         loss from discontinued operations
              Equipment leasing expense                                -                150,000
              Website expense                                          -                 75,000
     Changes in assets and liabilities
              Accounts payable and accrued expenses                    -                 24,750
                                                      -------------------      -----------------
Net cash used in continuing operation                                  -                (10,000)
Net cash used in discontinued operation:
     Deposit on building                                                               (180,000)
     Equipment leasing expense                                         -               (150,000)
     Website expense                                                   -                (75,000)
                                                      -------------------      -----------------
Net cash used in operations                                            -               (415,000)
                                                      -------------------      -----------------

Cash provided by financing activities:
     Proceeds from advances from shareholders                          -                415,000
                                                      -------------------      -----------------
Cash flows provided from financing activities                          -                415,000

Net decrease in cash                                                   -                      -

Cash - beginning of period                                             -                    200
                                                      -------------------      -----------------
Cash - end of period                                  $                -       $            200
                                                      ===================      =================

Supplemental disclosure of cash flow information:
     Non-cash investing and financing activities
         Common stock rescinded in connection with
         reverse merger                               $                -       $            159
                                                      ===================      =================
</TABLE>


                 See notes to consolidated financial statements.

                                        5

<PAGE>

                        BANCORP INTERNATIONAL GROUP, INC.
                    (formerly March Indy International, Inc.)
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                 March 31, 2001
                                   (Unaudited)

1. BASIS OF PRESENTATION

The accompanying unaudited financial statements have been prepared in accordance
with generally accepted accounting principles for interim financial information
and the instructions to Form 10-QSB. Accordingly, they do not include all the
information and footnotes required by generally accepted accounting principles
for complete financial statements. In the opinion of management, all adjustments
(which include only normal recurring adjustments) necessary to present fairly
the financial position, results of operations and cash flows for all periods
presented have been made. The results of operations for the three months ended
March 31, 2001 are not necessarily indicative of the results of operations that
may be expected for the year ending December 31, 2001. These financial
statements should be read in conjunction with the Company's Annual Report on
Form 10-KSB for the year ended December 31, 1999 and the Company's Form 10-QSB
for the nine months ended September 30, 2000 including the financial statements
and accompanying notes thereto for each filing.

2. THE COMPANY

N.E.C. Properties, Inc. ("NEC") was incorporated on June 16, 1995 under the laws
in the State of Nevada. NEC was organized with no operations or plan of
business. On June 30, 1995 the Company issued 18,600 shares of its then no par
value and 25,000 authorized common stock, for $1,860 in cash. On November 19,
1998 the State of Nevada approved NEC's restated Articles of Incorporation,
which increased their authorized common shares from 25,000 to 25,000,000, and
established a par value of $.001 per share of common stock. In addition, on
November 19, 1998 NEC approved a forward stock split of 100:1, thus increasing
the number of then outstanding common shares to 1,860,000.

On November 10, 1999, NEC acquired all the outstanding stock of March Indy
International, Inc. ("March") for 7,706,575 shares of NEC. March was
incorporated in Delaware on November 24, 1998 ("inception"). For accounting
purposes, the transaction has been accounted for as a reverse acquisition under
the purchase method for business combinations, and accordingly the transaction
has been treated as a recapitalization of March, with March as the acquirer. The
shares issued in the Transaction are treated as being issued for cash and are
shown as outstanding for all periods presented in the same manner as for a stock
split.

March had intended to engage in the business of designing, building and racing
motor cars for Formula One, Cart and Indy competition both in the United States
and abroad. March has also planned to develop an internet website in order to
merchandise products related to its racing efforts. From the time of its
inception March had been a development stage enterprise through June 30, 2000.
Subsequent to June 30, 2000, the management of March determined that due to the
inability to successfully organize an Indy car race team and to compete in the
Indianapolis 500 in the second quarter of the year ended December 31, 2000, that
the Company's operations, as intended, would cease to operate. Due to the
cessation of operations, management determined that they were no longer a
development stage enterprise commencing from the three months ended September
30, 2000.

                                        6

<PAGE>

During the quarter ended September 30, 2001, March changed its name to Bancorp
International Group, Inc. ("Bancorp") in an attempt to effect a merger with a
financial service oriented business. Bancorp has not merged with any financial
service business. Henceforth NEC, March or Bancorp is to be referred to as the
"Company", unless reference is made to the respective company for reference to
events surrounding their acquisition by the Company.

The Company is subject to the reporting obligations under Section 12(g) of the
Securities Exchange Act of 1934. Since the three and nine months ended September
30, 2000, the Company has not complied with its reporting obligations. However,
the Company is in the process of preparing all required quarterly and annual
reports on Form 10-QSB and Form 10-KSB for filing and in order to become
current.

3. GOING CONCERN

The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern. The Company incurred a net loss of
approximately $260,000 for the three months ended March 31, 2000. The Company
had no operations for the quarter ended March 31, 2001. Additionally, the
Company has no assets and a working capital deficiency of approximately $265,000
at March 31, 2001. These conditions raise substantial doubt about the Company's
ability to continue as a going concern. Management's plans with respect to these
matters include restructuring its existing obligations, raising additional
capital through future issuances of stock and or debentures, and to complete a
business acquisition for future operations. The accompanying financial
statements do not include any adjustments that might be necessary should the
Company be unable to continue as a going concern.

4. SCOPE LIMITATION

The Company has been unable to locate any accounting records for periods prior
to January 1, 2000 and has, therefore, not been able to provide such records to
their independent registered auditors. As a result, the Company's independent
registered auditors were unable to analyze the opening balance sheet as of
January 1, 2000, and for all prior periods.

5. DISCONTINUED OPERATIONS

During the quarter ended September 30, 2000 the Company's management decided to
cease auto racing operations. Accordingly, all such activities are reflected as
discontinued operations for all periods presented. Certain amounts in the prior
period consolidated financials statements for the three months ended March 31,
2000, have been reclassified to conform to this presentation The following is a
schedule of losses from discontinued operations for the three months ended March
31, 2000.



Equipment leasing expense                          (a) $               150,000
Website expense                                    (b)                  75,000
                                                       ------------------------
                                                       $               225,000
                                                       ========================


                                        7

<PAGE>

(a)      The Company was obligated under an equipment lease agreement that
         terminated in December 2000. The lease agreement required advance
         payments of $530,000 as of May 20, 2000, of which the Company had paid
         $150,000 as of March 31, 2000. Subsequent to the initial payment of
         $150,000, the lessor alleged that the Company failed to perform in
         accordance with the lease agreement. The Company has withheld payment
         of the remaining balance of $380,000 of the advance payment due under
         the lease agreement. Management was engaged in negotiations to resolve
         the dispute but did not succeed. As a result, the initial payment of
         $150,000 was charged to discontinued operations as of September 30,
         2000. In December 2000 the equipment was repossessed by the leasing
         company. The Company believes that it has no further obligations under
         this lease.

(b)      During the quarter ended March 31, 2000, the Company incurred $75,000
         of expenses related to the development of a website showcasing the
         Company's auto racing operations. Due to the subsequent discontinuance
         of these operations the cost of the website development is included in
         discontinued operations.

Subsequent to March 30, 2000 in the quarter ended September 30, 2000 certain
other assets and expenses were reclassified as discontinued including:

-        March had recognized the contribution of certain fixed and intangible
         assets including names, brands, designs and slot rights pertaining to
         the building and racing of motor cars. The individuals that contributed
         these fixed and intangible assets received all the then outstanding
         shares of March. Subsequent to this asset transfer, March merged into
         the Company. These intangibles were valued at $2,791,428. In addition,
         contributed equipment consisting solely of a two wheeled "Super Bike"
         capable of speeds up to 200 miles per hour was valued at $330,400. This
         bike was to be entered in competitive racing events. These assets were
         reflected at the time of merger at the shareholders' basis.
         Depreciation and amortization charges were to have commenced when the
         Company became operational. Upon the discontinuance of all racing
         related activities, any unexpensed intangible assets and the super bike
         was determined to be fully impaired and was written-off.

-        A deposit on a building in Hallandale, Florida that in March 2000 the
         Company agreed to purchase for approximately $350,000, to which the
         Company made a non-refundable down payment of $170,000 towards the
         purchase price. The Company was given a six-month extension to complete
         the purchase but was unable to do so. Accordingly, the $170,000
         non-refundable down payment was reclassified and charged to
         discontinued operations during the three months ended June 30, 2000.

-        A deposit of $10,000 for future improvements to the property in
         connection with the above office building acquisition. Due to the
         eventual non-completion of the building acquisition, this deposit for
         improvements was reclassified and charged to discontinued operations
         during the three months ended June 30, 2000.

-        Non-cash interest expense - During the quarter ended March 31, 2000,
         the Company was advanced $415,000 from existing shareholders of the
         Company. These advances were interest-free and due on demand. The funds
         from these advances were used for payments of deposits on the above
         referenced building, the anticipated improvements of the building, the
         advance payment on the equipment lease, expenses related to the
         development of a website and various general and administrative
         expenses. On May 12, 2000, the Company repaid these advances with the
         issuance of 1,250,000 shares of restricted common shares with a market
         value of $1,312,500. The excess of market value, over the debt, in the
         amount of $897,500 was reclassified and reflected as non-cash interest
         expense during the three months ended June 30, 2000.

-        Various general and administrative expenses related to the discounted
         operations such as rent and officers salary related to auto racing
         operations.

                                        8

<PAGE>

6. COMMON STOCK

On June 17, 2000 the Company declared a one for three (1:3) reverse stock split,
effective June 26, 2000. The financial statements herein give retroactive effect
to this transaction.

During the quarter ended March 31, 2000 the Company rescinded the issuance of
53,009 shares of common stock (accounted for post 1:3 reverse stock split),
resulting from an over allotment of shares to certain shareholders in connection
with the reverse acquisition of March in November 1999.

7.       SUBSEQUENT EVENTS

(a)      During the quarter ended September 30, 2005, the Management of the
         Company became aware of the unauthorized issuance of approximately
         243,842,000 shares of the Company's common stock to various entities
         and individuals for services and gifts, whereupon these entities and
         individuals attempted to sell their unauthorized common shares on the
         open market. As per members of management of the Company, they are not
         aware, nor do they have any related activities with these entities and
         individuals.

         In September 2005, the Company filed a claim in the District Court of
         Oklahoma County, Oklahoma, seeking the return of all unauthorized
         shares and the receipt of any ill-gotten proceeds from the sale of
         these unauthorized common shares. Management believes that a favorable
         outcome will result from this situation. The Company has not recorded a
         provision in the event of an unfavorable outcome from this litigation.

         In regard to the above situation, of the unauthorized issuance of
         common shares, the Company held a shareholder's meeting in July 2005
         and authorized the following:

         -        An increase in the authorized common shares from 25,000,000 to
                  500,000,000 shares.

         -        The designation of 15,000,000 shares of Series A Convertible
                  Preferred Stock ("Preferred A"), with a par value of $.001 per
                  share. The holders of Preferred A have a right, at their
                  option, to convert their shares into shares of common stock at
                  a rate of 1 for 100. In addition, the Preferred A have a right
                  to have their shares adjusted in the event of future issuances
                  of common shares that would have a dilutive effect on the
                  Preferred A.

         The Company is currently determining that all actions that it has taken
         in regards to the unauthorized issuance of the common shares, and any
         subsequent changes in the equity structure of the Company, have been in
         compliance with all federal and state laws and regulations.

(b)      During the year ended December 31, 2005, the management of the Company
         pursued business opportunities in the energy sector. As of December 31,
         2005 no definitive agreements had been reached with regard to potential
         acquisitions.

                                        9

<PAGE>

Item 2:           Management's Discussion and Analysis or Plan of Operations

Except as the context may otherwise require, all references in this report to
(a) "we," "us," "our," "Company," "NEC" or "March" refer to the operations of
Bancorp International Group, Inc., NEC Properties, Inc., a Nevada corporation
and its wholly-owned subsidiary, March Indy International, Inc., a Delaware
corporation. and (b) "you" refers to the reader of this report, and (c) the
"Web" refers to the World Wide Web.

Statements included in this "Management Discussion and Analysis or Plan of
Operations" that are not historical facts are forward looking statements. These
forward-looking statements involve risks and uncertainties that could render
them materially different, including without limitation the risk that the
Company will not raise additional funds necessary to fund working capital needs.

Overview:

You should read the following discussion in conjunction with our financial
statements and notes thereto appearing elsewhere in this report.

N.E.C. Properties, Inc. ("NEC") was incorporated on June 16, 1995, under the
laws in the State of Nevada. NEC was organized with no operations or plan of
business. On June 30, 1995 the Company issued 18,600 shares of its then no par
value and 25,000 authorized common stock, for $1,860 in cash. On November 19,
1998 the State of Nevada approved NEC's restated Articles of Incorporation,
which increased their authorized common shares from 25,000 to 25,000,000, and
established a par value of $.001 per share of common stock. In addition, on
November 19, 1998 NEC approved a forward stock split of 100:1, thus increasing
the number of then outstanding common shares to 1,860,000.

On November 10, 1999, NEC acquired all the outstanding stock of March Indy
International, Inc. ("March") for 7,706,575 shares of NEC. March was
incorporated in Delaware on November 24, 1998 ("inception"). For accounting
purposes, the transaction was accounted for as a reverse acquisition under the
purchase method for business combinations, and accordingly the transaction was
treated as a recapitalization of March, with March as the acquirer. The shares
issued in the transaction are treated as being issued for cash and are shown as
outstanding for all periods presented in the same manner as for a stock split.

March had intended to engage in the business of designing, building and racing
motor cars for Formula One, Cart and Indy competition both in the United States
and abroad. March has also planned to develop an internet website in order to
merchandise products related to its racing efforts. From the time of its
inception March had been a development stage enterprise through June 30, 2000.
Subsequent to June 30, 2000, the management of March determined that due to the
inability to successfully organize an Indy car race team and to compete in the
Indianapolis 500 in the second quarter of the year ended December 31, 2000, that
the Company's operations, as intended, would cease.

In the quarter ended September 30, 2001, March changed its name to Bancorp
International Group, Inc. ("Bancorp") in an attempt to effect a merger with a
financial service oriented business. Bancorp has not merged with any financial
service business. Henceforth NEC, March or Bancorp is to be referred to as the
"Company", unless reference is made to the respective company for reference to
events surrounding their acquisition by the Company.


                                       10

<PAGE>

The Company is subject to the reporting obligations under Section 12(g) of the
Securities Exchange Act of 1934. Since the three and nine months ended September
30, 2000, the Company has not complied with its reporting obligations, due to
the unavailability of financial resources to pay the costs of compliance.
However, the Company is now in the process of preparing all required quarterly
and annual reports on Form 10-QSB and Form 10-KSB for filing and in order to
become current.

Discontinued Operations:

During the quarter ended September 30, 2000 the Company discontinued its auto
racing operations. Accordingly, all such activities are reflected as
discontinued operations for all periods presented. Certain amounts in the prior
period consolidated financials statements for the three months ended march 31,
2000, have been reclassified to conform to this presentation The Company
recognized losses from discontinued operations for the three months ended March
31, 2000 as follows:


Equipment leasing expense                       (a)    $              150,000
Website expense of discontinued operation       (b)                    75,000
                                                                    ----------
                                                       $              225,000
                                                                    ==========

(a)      The Company was obligated under an equipment lease which terminated in
         December 2000. The lease required advance payments of $530,000 as of
         May 20, 2000, of which the Company had paid $150,000 as of March 31,
         2000. Subsequent to the initial payment of $150,000, the lessor alleged
         that the Company failed to perform in accordance with the lease
         agreement. The Company has withheld payment of the remaining balance of
         $380,000 due under the lease agreement. Management was engaged in
         negotiations to resolve the dispute but did not succeed. As a result,
         the initial payment of $150,000 was charged to discontinued operations
         as of September 30, 2000. In December 2000 the equipment was
         repossessed by the leasing company. The Company believes that it has no
         further obligations under this lease.

(b)      During the quarter ended March 31, 2000, the Company incurred $75,000
         of expenses related to the development of a website showcasing the
         Company's auto racing operations. Due to the subsequent discontinuance
         of these operations the cost of the website development is included in
         discontinued operations.

Subsequent to March 30, 2000 in the quarter ended September 30, 2000 certain
other assets and expenses were reclassified as discontinued including:

-        March had recognized the contribution of certain fixed and intangible
         assets including names, brands, designs and slot rights pertaining to
         the building and racing of motor cars. The individuals that contributed
         these fixed and intangible assets received all the then outstanding
         shares of March. Subsequent to this asset transfer, March merged into
         the Company. These intangibles were valued at $2,791,428. In addition,
         contributed equipment consisting solely of a two wheeled "Super Bike"
         capable of speeds up to 200 miles per hour was valued at $330,400. This
         bike was to be entered in competitive racing events. These assets were
         reflected at the time of merger at the shareholders' basis.
         Depreciation and amortization charges were to have commenced when the
         Company became operational. Upon the discontinuance of all racing
         related activities, any unexpensed intangible assets and the super bike
         was determined to be fully impaired and was written-off.

-        A deposit on a building in Hallandale, Florida that in March 2000 the
         Company agreed to purchase for approximately $350,000, to which the
         Company made a non-refundable down payment of $170,000 towards the
         purchase price. The Company was given a six-month extension to complete
         the purchase but was unable to do so. Accordingly, the $170,000
         non-refundable down payment was reclassified and charged to
         discontinued operations during the three months ended June 30, 2000.

                                       11

<PAGE>

-        A deposit of $10,000 for future improvements to the property in
         connection with the above office building acquisition. Due to the
         eventual non-completion of the building acquisition, this deposit for
         improvements was reclassified and charged to discontinued operations
         during the three months ended June 30, 2000.

-        Non-cash interest expense - During the quarter ended March 31, 2000,
         the Company was advanced $415,000 from existing shareholders of the
         Company. These advances were interest-free and due on demand. The funds
         from these advances were used for payments of deposits on the above
         referenced building, the anticipated improvements of the building, the
         advance payment on the equipment lease, expenses related to the
         development of a website and various general and administrative
         expenses. On May 12, 2000, the Company repaid these advances with the
         issuance of 1,250,000 shares of restricted common shares with a market
         value of $1,312,500. The excess of market value, over the debt, in the
         amount of $897,500 was reclassified and reflected as non-cash interest
         expense during the three months ended June 30, 2000.

-        Various general and administrative expenses related to the discounted
         operations such as rent and officers salary related to auto racing
         operations.

Operations:

The Company's continuing operations, as presented for the three months ended
March 31, 2000, consisted primarily of a corporate nature such as legal,
accounting and general corporate administrative matters. These corporate
activities existed in the quarter ended March 31, 2000, as the Company was
anticipating the commencement of auto racing operations, which were subsequently
discontinued in quarter ended September 30, 2000. During the three months ended
March 31, 2001 the Company incurred no corporate expenses as management had not
determined a plan of operation for the Company.

Plan of Operation:

Since discontinuing its auto racing operations during the three and nine months
ended September 30, 2000 and having been unable to have completed a planned
merger with a financial institution, the Company has remained inactive and has
not conducted any operations. During the year ended December 31, 2005, the
management of the Company has pursued business opportunities in the energy
sector. As of December 31, 2005 no definitive agreements had been reached with
regard to potential acquisitions. In addition, as of the filing of this report,
the Company is actively pursuing compliance for all their reporting obligations
under the Securities Exchange Act of 1934.

Going Concern:

As reported in the accompanying financial statements, which have been prepared
assuming that the Company will continue as a going concern, the Company has
incurred a net loss of approximately $260,000 for the three months ended March
31, 2000. The Company had no operations for the quarter ended March 31, 2001.
Additionally, the Company has no assets and a working capital deficiency of
approximately $265,000 at March 31, 2001. These conditions raise substantial
doubt about the Company's ability to continue as a going concern. Management's
plans with respect to these matters include restructuring its existing
obligations, raising additional capital through future issuances of stock and or
debentures, and to complete a business acquisition for future operations. The
accompanying financial statements do not include any adjustments that might be
necessary should the Company be unable to continue as a going concern.

                                       12

<PAGE>

Scope Limitation:

The Company has been unable to locate any accounting records for periods prior
to January 1, 2000 and has, therefore, not been able to provide such records to
their independent registered auditors. As a result, the Company's independent
registered auditors were unable to analyze the opening balance sheet as of
January 1, 2000, and for all prior periods.

Item 3.           Controls and Procedures.

Our Chief Executive Officer and Acting Chief Financial Officer is responsible
primarily for establishing and maintaining disclosure controls and procedures
designed to ensure that information required to be disclosed in our reports
filed or submitted under the Securities Exchange Act of 1934, as amended (the
"Exchange Act") is recorded, processed, summarized and reported within the time
periods specified in the rules and forms of the U.S. Securities and Exchange
Commission. These controls and procedures are designed to ensure that
information required to be disclosed in our reports filed or submitted under the
Exchange Act is accumulated and communicated to our management, including our
principal executive and principal financial officers, or persons performing
similar functions, as appropriate to allow timely decisions regarding required
disclosure.

Furthermore, our Chief Executive Officer and Acting Chief Financial Officer is
responsible for the design and supervision of our internal controls over
financial reporting that are then effected by and through our board of
directors, management and other personnel, to provide reasonable assurance
regarding the reliability of our financial reporting and the preparation of
financial statements for external purposes in accordance with generally accepted
accounting principles. These policies and procedures (i) pertain to the
maintenance of records that, in reasonable detail, accurately and fairly reflect
the transactions and dispositions of our assets; (ii) provide reasonable
assurance that transactions are recorded as necessary to permit preparation of
financial statements in accordance with generally accepted accounting
principles, and that our receipts and expenditures are being made only in
accordance with authorizations of our management and directors; and (iii)
provide reasonable assurance regarding prevention or timely detection of
unauthorized acquisition, use or disposition of our assets that could have a
material effect on our financial statements.

Our Chief Executive Officer and Acting Chief Financial Officer, based upon his
evaluation of the effectiveness of our disclosure controls and procedures and
the internal controls over financial reporting as of the last day of the period
covered by this report, concluded that our disclosure controls and procedures
and internal controls over financial reporting were fully ineffective as of the
last day of the period covered by this report and reported to our auditors and
board of directors that there are no controls and procedures and internal
control over financial reporting during the period covered by this report and
that all of which materially affect or is reasonably likely to materially affect
our disclosure controls and procedures or internal control over financial
reporting. In conducting his evaluation of our disclosure controls and
procedures and internal controls over financial reporting, this executive
officer did not discover any fraud that involved management or other employees
who has a significant role in our disclosure controls and procedures and
internal controls over financial reporting. Furthermore, although the disclosure
controls and procedures and internal controls over financial reporting were
deficient and absent, there were no changes made in our disclosure controls and
procedures, internal controls over financial reporting, or other factors that
would eliminate the deficiencies in our disclosure controls and procedures or
internal controls over financial reporting subsequent to the date of his
evaluation. Although significant deficiencies or material weaknesses existed, no
corrective actions were taken to correct significant deficiencies and material
weaknesses in our internal controls and disclosure controls and procedures
because of the lack of required financial resources to correct such deficiencies
and weaknesses.

                                       13

<PAGE>

PART II - OTHER INFORMATION

Item 1.           Legal Proceedings.

In August 2005, management of the Company became aware of the unauthorized
fraudulent issuance of approximately 243,842,000 shares of the Company's common
stock to various entitles and individuals for services and gifts, whereupon
these entities and individuals attempted to sell these unauthorized common
shares in the open market. Members of the Company's management do the have any
relationships with the entities and individuals that were initially issued the
unauthorized fraudulent issued shares.

In September 2005, the Company filed a claim in the District Court of Oklahoma
County, Oklahoma, styled Bancorp International Group, Inc. v. Mario A. Pino, an
individual, Sam Deeb, an individual, Jean Carlos Medina, an individual, Charles
Weller, an individual, Barkev Kibarian, an individual, Felica Morales, an
individual, Clearstock, Inc., a Texas corporation, DealFlo, L.L.C., a New York
Limited Liability Company, The Grace Trust a foreign trust, Global Consulting
Group, a Maryland corporation, Intelligent Message Distributors, a Nevada
corporation, and Wall Street Group, L.L.C., a Arizona limited liability company,
Case No. CJ-2005-7459, seeking the return of the fraudulently issued common
stock shares and the defendants' receipt of sale proceeds from the sale of these
shares. Although management believes that a favorable outcome will be obtained,
until finally resolved, no assurance of a favorable outcome can be provided. The
Company has not provided for any provision in the event of an unfavorable
outcome from this litigation.

Item 2.           Unregistered Sales of Equity Securities and Use of Proceeds

Please refer to Part II - Item 1. Legal Proceedings, and the unauthorized
fraudulent issuance of shares of the Company's common stock.

Item 3.           Defaults Upon Senior Securities

Not Applicable

Item 4.           Submission of Matters to a Vote of Securities Holders

In July 2005, the Company held a shareholders meeting, in light of the
unauthorized issuance of common shares as discussed in Part II - Item 1. Legal
Proceedings.

The following matters were approved at the shareholders meeting:

         -        Approved legal actions against the individuals and entities
                  involved in the unauthorized issuance of common shares.

         -        Increase the authorized common shares from 25,000,000 to
                  500,000,000 shares.

         -        Authorize the designation of 15,000,000 shares of Series A
                  Convertible Preferred Stock ("Preferred A"), with a par value
                  of $.001 per share. The holders of Preferred A have the right,
                  at their option, to convert each share of the Preferred A into
                  100 shares of common stock. In addition, the holders of the
                  Preferred A the right to have their shares adjusted in the
                  event of future issuances of common shares that would have a
                  dilutive effect on the Preferred A.

         -        The shareholders agreed to allow management to take whatever
                  means are required to resolve the issue as stated in Part II,
                  Item I - Legal Proceedings.

The Company is currently determining that all actions that it has taken in
regards to the unauthorized issuance of the common shares, and any subsequent
changes in the equity structure of the Company, have been in compliance with all
federal and state regulations.



                                       14

<PAGE>

Item 5.           Other Information

-        On June 17, 2000 the Company declared a one for three (1:3) reverse
         stock split, effective June 26, 2000. This 10-QSB filing and financial
         statements included therein, give retroactive effect to this
         transaction.

-        On August 31, 2005 the Securities and Exchange Commission ordered the
         temporary suspension, pursuant to Section 12(k) of the Securities
         Exchange Act of 1934 (the "Exchange Act"), of trading of securities of
         the Company from 9:30a.m on August 31, 2005, and terminating at 11:59
         p.m. on September 14, 2005.

         Management believes that the above action was a result of the
         unauthorized issuance of shares of the Company's common stock and the
         attempt to sell such shares on the open market as discussed in Part II
         - Item 1. Legal Proceedings.

-        In a previous press release on June 13, 2005 it was announced that the
         Company had entered into an agreement with CVG (Corporacion Venezuela
         de Guayana) of the Venezuelan government with regards to commercially
         develop gold deposits in the State of Bolivar. The management of the
         Company has no knowledge of this agreement, nor did it authorize the
         press release.

-        On June 2, 2005 a press release was issued whereby it stated that the
         Company was active in negotiations to acquire gold deposits with an
         approximate value of one billion dollars (USD). The management of the
         Company has no knowledge of these negotiations, nor did it authorize
         the press release.

-        On August 1, 2005, the Company announced that it had been a victim of
         corporate identity fraud. It had been previously announced that Carter
         Care, inc. had executed a reverse merger with the Company. The
         management of the Company is unaware of any merger agreement with
         Carter Care, Inc.

-        On November 16, 2005, the Company received notification from the
         Securities and Exchange Commission (the "Commission') that the
         Commission Staff intends to recommend to the Commission proceedings
         pursuant to Section 12(j) of the Exchange Act, alleging violations of
         Section 13(a) of the Exchange Act Rules 13a-1 and 13a-13 thereunder, to
         determine whether the Exchange Act registration of the Company's common
         stock should be suspended or revoked. The Commission has offered the
         Company an opportunity to make a Wells Submission.

         The Commissions action alleges that the Company has been delinquent in
         its required reporting on Form 10-KSB for the years ended December 31,
         2000 though 2004. In addition, the Company has failed to file its
         quarterly reports on Form 10-QSB for the quarter ended June 30, 2001
         through September 30, 2005.

         The Company is currently in the process of preparing all delinquent
         Form 10-KSB's and Form 10-QSB's.


                                       15

<PAGE>

Item 6.           Exhibits

(a) Exhibits:

         31       Rule 13a - 14(a)/15d - 14(a) Certification, as adopted
                  pursuant to Section 302 of the Sarbanes Oxley Act of 2002

         32       Certification of the Chief Executive Officer and Acting Chief
                  Financial Officer pursuant to 18 U.S.C. Section 1350, as
                  adopted pursuant to Section 906 of the Sarbanes Oxley Act of
                  2002


                                       16

<PAGE>

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.

BANCORP INTERNATIONAL GROUP, INC.
(formerly MARCH INDY INTERNATIONAL INC.)





DATE: January 13, 2006                        /S/ TOM MEGAS
-------------------------                         ------------------------------
                                                  Tom Megas
                                                  Chief Executive Officer
                                                  Acting Chief Financial Officer