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Re: frank7710 post# 41026

Wednesday, 04/18/2007 2:55:11 PM

Wednesday, April 18, 2007 2:55:11 PM

Post# of 56798
yeah so whats the prob? also, found this interesting from another board

Originally posted by T e x:
this is fun--

DD-freaks, front n' center:

"OK sleuths, sink your teeth into this one..

I got the following email from an acquiantance who is very well versed in shells, and the seamy underbelly of the pink/otcbb market.


"BHUB's easy to fix. A simple court order (cancelling shares) followed with a dividend spin off (I can find a shell to burn for $60,000)...it forces a market cover.
Florida law allows the cancellation of bogus shares via a court order. Seen it done a few times. Plus, the offending party would be crazy to contest in court as they could be arrested on the spot."

So the thought being, Yucatan could have their attorneys file a suit for a court order to cancel the billions of fraudulent shares sold by sparrow/wong/Select american. This would leave the brokers that sold the shares into the market completely underwater, and scrambling to make good on the shares they sold.

The Florida statutes relating to securities can be researched here. http://tinyurl.com/2dlpdq I just started looking, but if we can find a statute confirming this, it would be a great head start for yucatan's strategies. Perhaps they're already on the ball here on this, but as far as the market goes, this info would help effect the squeezing of the brokers..

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