BigHub.com Inc (fka BHUB)

[jimmenknee]

Duly noted and overlooked on my part. It's pretty clear the clause should cause an expiration in April 2002. However, the 1st revaluation could have benn called for in April 2001. If that was the case, it would have caused BHUB to issue 200+mill unreg shares due to the price of the stock in April 2001 (around .02).

If the agreement expired in 2002, the 2nd revlauation may have been voided. I would only be venturing a guess, but there may be a case to separate the 2 clauses, the one for voting proxy as separate from the revaluation clause.

But it does read on the face that the most extra unreg shares would be based on the 1st revalue.