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Thursday, 03/27/2008 4:39:46 PM

Thursday, March 27, 2008 4:39:46 PM

Post# of 56797
Old Ibox for future reference:

Moderator Disclaimer:
BHUB is a speculative play and is very risky.
The moderators and the assitants recommend investors do their own due diligence. We will provide as much DD as discovery provides.
Please perform your own DD and make your trading decisions accordingly. It is recommended that investors take out their initial cost plus some profit as soon as possible to minimize risk to their capital outlay, and ride the rest as they feel comfortable.



****** UPDATE! 6/6/2007 ******
New website (still in progress) being put up to inform shareholders of what's going on with BHUB.
http://www.thebhub.com



***** Ontario Securities Comission sets hearing date of June 1, 2007 *****
http://osc.gov.on.ca/Enforcement/Proceedings/ENR/enr_20070524_select-american.jsp

The temporary orders:
http://osc.gov.on.ca/Enforcement/Proceedings/RAD/rad_20070522_select-american.jsp
http://osc.gov.on.ca/Enforcement/Proceedings/RAD/rad_20070518_select-american.jsp

Nice article on BHUB and the SAT mess from Stockwatch 5/31/2007
http://tinyurl.com/29n2s2


Link to TradersNation radio interview 4/12/2007
http://www.tradersnation.com/player/?id=312

Link to M1 interview 4/12/2007
http://feeds.mn1.com/the_big_hub_bhub.htm

Official reason for the NASD trading halt
http://www.investorshub.com/boards/read_msg.asp?message_id=18731124

***Sign up for the latest Updates!!***
http://www.investorshub.com/boards/chairmail_sub.asp?board_id=4902

Select American's Shareholder list of the 1.5Billion unregistered shares
http://www.investorshub.com/boards/read_msg.asp?message_id=18723850

Here’s what we know:

In a nutshell, here’s the situation. BHUB was a dormant(since 2000) Florida shell corporation. http://tinyurl.com/2aac3v Recently a bad actor registered a Florida corporation (2005) of the same name http://tinyurl.com/2p43bn They then just recently used these corporate documents to have millions, maybe billions of unregistered shares printed and sold into the market. The brokers(as of yet unknown) who sold the paper into the market are now on the hook to cover the unregistered shares they most probably unwittingly sold into the market.

The shell owners, Yucatan Holdings Company http://tinyurl.com/27d9cp put out the following press release on 3/28/2007 http://biz.yahoo.com/prnews/070328/clw200.html?.v=7 to begin to explain the situation. Yucatan’s attorneys have requested the DTC sheets and the nobo lists to get a handle on the number of unregistered shares dumped into the marketplace. They have also said that there have been no share authorization increases since the last 10-Q SEC filing, 50,000,000 shares authorized, and 21,685,521 shares outstanding. http://tinyurl.com/2r9mtb Peterson has said Yucatan and their attorneys plan on addressing the unregistered share problem via legal means, without involving the SEC, if at all possible, reducing the chances of any suspension, as they do plan on using the shell for a reverse merger in the future.

So, What is the play here??

The play is the coming SHORT SQUEEZE that will be created when the brokers who sold the unregistered shares into the market are forced to cover what may be billions of shares on what is an official outstanding shares of 21,685,521.

Regarding the chances of an SEC suspension:
On BCIT, a DTC notice was issued about 3 weeks before it was suspended. You can search notices by CUSIP here:
https://login.dtcc.com/cre1/dtcorgapp/cusipSearch.do
BHUB CUSIP 089865109

Nothing on BHUB there. Not an assurance of no suspension, but a risk reducer.

Possible remedy for BHUB to solve the issue of the unregistered shares.
There is Florida law precedent for outright cancelling unregistered share issuances. This would force only those who originally sold the shares into the market to return all the shares they sold into the market to BHUB. The only way to do this is buying on the open market forcing a short squeeze.
http://www.investorshub.com/boards/read_msg.asp?message_id=18460987

*****FOLLOW UP from Ant&Sons.com*****

The BigHub.com Releases Bombshell News
http://www.antandsons.com/2007/04/bighubcom-releases-bombshell-news.html

Investors Eagerly await
http://www.antandsons.com/2007/04/bighubcom-investors-eagerly-await.html

*****NEW UPDATE from Ant&Sons.com*****

The real deal on the Bighub.com
http://www.antandsons.com/2007/04/real-deal-on-big-hubcom-inc.html



Yucatan Holding Company(shell owner) Contact Info:
1820 NE Jensen Beach Blvd.
Box 634
Jensen Beach, Florida 34957
267-350-9443
Darrell Peterson 561-801-3710

SEC Filings:
http://tinyurl.com/3e2395

CUSIP number:
089865109

Official share structure:
Preferred stock:
25,000,000 authorized
Common stock:
50,000,000 authorized
21,685,521 Outstanding

Transfer Agent:
Olde Monmouth Stock Transfer Co., Inc.
200 Memorial Parkway
Atlantic Highlands, N.J. 07716
Phone: 732-872-2727
Fax: 732-872-2728

State of Incorporation:
Florida http://tinyurl.com/2aac3v



Press Releases:

Yucatan Holdings to Consult With Techlabs, Inc. on a Proposed Tender for the Unregistered Shares of The BigHub.com, Inc.
Friday April 13, 2:22 pm ET
http://biz.yahoo.com/prnews/070413/clf081.html?.v=18

BigHub.com, Inc. Responds to Select American Transfer Company
Wednesday April 11, 9:50 am ET
http://biz.yahoo.com/prnews/070411/clw050.html?.v=92

The BigHub.com, Inc. Receives Information from Select American Transfer Company
Tuesday April 10, 8:30 am ET
http://biz.yahoo.com/prnews/070410/cltu039.html?.v=86

The Big Hub.com, Inc. Updates on Corporate Action
Thursday April 5, 3:04 pm ET
http://biz.yahoo.com/prnews/070405/clth111.html?.v=20

The Big Hub.com, Inc. Appoints Additional Board Member and Interim President
Monday April 2, 1:54 pm ET
http://biz.yahoo.com/prnews/070402/clm382.html?.v=1

Yucatan Holding Company to Clarify position on The Big Hub.com, Inc.
Wednesday March 28, 2:44 pm ET
http://biz.yahoo.com/prnews/070328/clw200.html?.v=7

Updated the ibox with this information >>>



Some basic info on shorts and Reg SHO:

Division of Market Regulation:Key Points About Regulation SHO
http://www.sec.gov/spotlight/keyregshoissues.htm

Rule 203 -- Borrowing and Delivery Requirements
http://www.law.uc.edu/CCL/regSHO/rule203.html

Net Capital Rule, SEC Rule 15c3-1
http://tinyurl.com/28fm9c

Customer Protection Rule, SEC Rule 15c3-3
http://tinyurl.com/2v3uwz

3210. Short Sale Delivery Requirements
http://tinyurl.com/2wrdmk

Know your customer rules:

NASD Rule 2110
http://tinyurl.com/2pun5v

NASD Rule 2310
http://tinyurl.com/39pfxw

Section 326 of the USA PATRIOT Act
(SEC. 326. VERIFICATION OF IDENTIFICATION)
http://www.ustreas.gov/press/releases/reports/js3354.pdf




Charts:


Weekly Chart





Daily Chart





60 Minute Chart For use intraday by StockCharts 'RealTime' subscribers






What occured to BHUB, In detail(a continuing work in progress):

The following are the Florida Secretary of State documents for the corporation created on July 8, 2005 by John Sparrow and Jason Wong using the name “The Bighub.com, Inc.” (FEI Number -None) http://tinyurl.com/2p43bn

Registered Agent:
Wong, Jason
10151 University Blvd Suite 120
Orlando FL 32817
416-417-4779

Officer/Director Detail
Sparrow, John
10151 University Blvd Suite 120
Orlando FL 32817
212-561-0762

03/26/2007 -- Reg. Agent Resignation - http://www.sunbiz.org/COR/2007/0329/70512727.Tif
03/03/2006 -- Amendment and Name Change - http://www.sunbiz.org/COR/2006/0321/80954338.Tif
07/08/2005 -- Domestic Profit – http://www.sunbiz.org/COR/2005/0712/70725667.Tif


It turns out that the 10151 University Blvd address above is actually a UPS store:

http://www.theupsstore.com/locations/locdet.asp?strCenterNum=MBE0786
10151 University BLVD
Orlando, FL 32817-1904
Phone: (407) 657-7070
Fax: (407) 657-9586


And.. the mailbox number 120 apparently belongs to someone else:
http://www.investorshub.com/boards/read_msg.asp?message_id=18378226


Sparrow/Wong’s scheme was to legally create a new corporate entity, using the exact name as the original and legitimate “The Bighub.com, Inc.” (FEI Number - 650580634) http://tinyurl.com/2aac3v which was inactive since 2000, so they could hijack the publicly traded vehicle, BHUB CUSIP#089865109.

Sparrow put out the following press release for BHUB in October 2005. http://www.investorshub.com/boards/read_msg.asp?message_id=18096070

It seems that Sparrow/Wong began an account with Select American Transfer in October 2005, shortly after creating this doppelganger “The Bighub.com, Inc.” corporation in July, 2005 and sending SAT the corporate documents as proof of their control of BHUB.
http://www.investorshub.com/boards/read_msg.asp?message_id=18372341

Select Amercian Transfer Company
118 Finch Ave. West
Suite 35
Toronto, Ontario, M2N 7G2
Tel. (647) 722-9581
http://www.selectamericantransfer.com
info@selectamericantransfer.com


Sparrow/Wong then apparently sent the corporate documents to pinksheets.com as well, so they would update Pinksheet.com’s BHUB profile with their own information.
http://www.investorshub.com/boards/read_msg.asp?message_id=18389235

At some point, as of yet unclear, BHUB was listed as a Delaware corp.
http://www.investorshub.com/boards/read_msg.asp?message_id=18263267


The BHUB stock was basically dormant until June 2006 when it started trading with some irregularly high volume. It then traded mildly, bouncing around in the triple zeros until March 8, 2007, when it was discovered there was a link to BHUB as a potential reverse merger candidate on the Cyberhand Robotics website, which was noticed by several investors. http://www.cyberhandrobotics.com/stockquote.html



Since that March 8 date BHUB has traded billions of fraudulent shares, printed by Sparrow/Wong/Select American Transfer.

In the meantime, Yucatan Holding Company http://tinyurl.com/27d9cp the remaining legitimate controlling interest holder in “The Bighub.com, Inc.”, and the BHUB security, CUSIP#089865109 became aware of the extreme trading volume and began to investigate the situation.

Yucatan subsequently put out a press release on March 28, 2007 notifying the market of their recognition of the trading irregularity, and to dispel the rumors of the Cyberhand Robotics reverse merger. http://biz.yahoo.com/prnews/070328/clw200.html?.v=7

Yucatan Holding Company
http://tinyurl.com/27d9cp
(FEI Number – 621569341)

Registered Agent
Dorrough, Jayme
1836 NE River CT
Jensen Beach FL 34957

Officer/Director Detail
Dorrough, Jayme
1836 NE River CT
Jensen Beach FL 34957


As it stands now, Yucatan Holding Company is investigating the situation. According to conversations with Darrell Peterson, Yucatan’s consultant/public contact, Yucatan is currently undertaking the following actions:

1. Put out the 3/28/2007 press release informing the market of their awareness of the situation, that they are vigorously investigating, that they disavow any merger talks with Cyberhand Robotics, and that they are currently reviewing potential business ventures unrelated to current rumors that have surfaced.
2. Requested the DTC sheets/NOBO lists.
3. Contacted Pinksheets.com about correcting their corporate profile information, including the share structure.
4. Are trying to conduct the investigation and subsequent litigation without the involvement of the SEC.
5. Will continue to update the market as developments occur.




Some collected information of the bad actors in this case:

“John Sparrow” (it is not known if this is a real person or a fake name) and his 212-561-0762 phone number which seems to permeate many suspicious companies.

http://www.investorshub.com/boards/read_msg.asp?message_id=18376217
http://www.investorshub.com/boards/read_msg.asp?message_id=18374520
http://www.investorshub.com/boards/read_msg.asp?message_id=18382550
http://www.investorshub.com/boards/read_msg.asp?message_id=18385735
http://www.investorshub.com/boards/read_msg.asp?message_id=18375620
http://www.investorshub.com/boards/read_msg.asp?message_id=18375815
http://www.investorshub.com/boards/board.asp?board_id=5348
http://www.findarticles.com/p/articles/mi_pwwi/is_200507/ai_n14798136




David Watson:
http://www.investorshub.com/boards/read_msg.asp?message_id=18377449
http://www.investorshub.com/boards/read_msg.asp?message_id=18377541

Jason Wong:
To be updated



Link to search court site
http://oris.co.palm-beach.fl.us/or_web1/or_sch_1.asp


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