Look here John Sparrow's name here with this halted company. See last paragraph. What is this John Sparrow all about?
Press Release Source: BigHub.com, Inc.
BigHub.com, Inc. Responds to Select American Transfer Company
Wednesday April 11, 9:50 am ET
JENSEN BEACH, Fla., April 11 /PRNewswire-FirstCall/ --
The BigHub.com, Inc. (Pink Sheets: BHUB - News) has received a shareholders list and list of issued shares by Select American Transfer Company ("Select"). The Company has reviewed the press release and would like to note the Company's position as follows:
1. The Company has requested a conversation with Nathan Rogers since
March 28, 2007 and has not received a return call.
2. The Company has endeavored since March 28, 2007 to receive a
shareholders list and to ascertain certain records. The shareholder's
list received from their offices were received at 5:20 pm edst on
April 9, 2007.
3. Pinksheets.com notified the Company that Select had resigned the week
of March 30, 2007.
4. According to Select, DTC was still sending information to them as of
April 5, 2007.
5. According to Select's shareholder activity list, shares were issued
to Cede (DTC) as late as March 20, 2007. (Share certificate No. 1277)
6. The Company has been informed that the records have been sent back to
the person that gave them to Select. The Company believes this is in
direct violation of Rule 17Ad-7 - Record Retention. This rule is part
of the "General Rules and Regulations promulgated under the Securities
Exchange Act of 1934".
Based on the information received by the Company from Select, over 1.5 billion unregistered shares have been issued to over 30 entities and individuals in Toronto, Canada. Select has also issued over 10,000,000 shares to "John Sparrow", unregistered and free trading. John Sparrow has been identified as the "President" of the entity presented to Select.
"It appears that Select is trying to cover-up misdeeds in the issuance of shares," stated Darrell Peterson, Interim President. "This press release by Select is very curious as the management of Select has blocked the Company from receiving vital information and refuses to have a dialog with the Company concerning their transactions since September 8, 2005 when they issued share certificate 1001 to 'John Sparrow.'" Peterson continued, "The current management and directors of the Company will continue to state the facts as received and to bring full disclosure to the investors and shareholders of the Company as soon as possible."
