BigHub.com Inc (fka BHUB)

[nez]

In for a 1/10000 of a penny, in for a (?). Can anyone be completely, 100% absolutely sure BHUB# is not going to be productive in the future? I’m not and I base this on either an excellent and well timed “dog and pony show prelude” or facts from NOAA and our country’s past experience with lack of weather disaster preparedness.
At this point we have written off BHUB as a financial loss but like someone said, “who can tell the future, got a crystal ball?” The next paragraph is from the link provided. I highlighted the last part.

Table 7 lists strike probabilities for the 2007 hurricane season for different TC categories for the entire U.S. coastline, the Gulf Coast and the East Coast including the Florida peninsula. The mean annual probability of one or more land falling systems is given in parentheses. Note that Atlantic basin NTC activity in 2007 is expected to be above its long-term average of 100, and therefore, United States landfall probabilities are above average.

http://hurricane.atmos.colostate.edu/Forecasts/2006/dec2006/

We knew about the huge potential for loss with pks and otccbb but we also were aware of the “siren song” of "get rich quick.” Being human, we knew since it would always be in the back of our minds tempting and possibly skewing our future judgments. Therefore we felt it best to get it out of the way and allocate a portion of funds that we figured would be lost but at least would give us a return in experience and knowledge.
I know I can be dumb as a brick but I knew in spite of the fore knowledge that "getting rich quick" on the pks or otcbbs, is for an average inexperienced investor like myself and wife, a long shot to say the least, if we wanted to put this temptation to rest, at least until we had learned if we had what it took to play the pks and otccbbs, there was no other way of getting it out of my system to jump in, in a very limited way. We did and apparently, got burned like others. However we learned about things we might not have learned. Things like "shells and the shell game,” "trading on greys", “hijacking shells,” and the various types of forms and the requirements for the filing of them by CEOs. This is just to name a few things. Most important, IMO are the things we learned about ourselves. Who can put a price on experience or knowledge? I have seen times when experience and knowledge were very valuable so regardless of financial loss or possible financial losses, no one can say they lost everything if they learned something.
This may sound like "self justification" for getting close to a fire I knew most likely would burn us but take it as you may.
At this point we called our Online Broker and asked what was going on and where to go from here. They can’t give financial advice but I wanted to know what to do with the shares of the BHUB# in our account. They told us to leave them there and if we liked or when it is beyond a doubt they are worthless, they will send a “worthless letter” if or when they become worthless or have no hope of morphing into something else.

Good enough as we will now regroup and pursue the next line of learning.

One thing intrigues me because there is always a glimmer of hope and that is why, if given the chance, would someone sell shares at a massive loss, which they already endured and give up an, albeit small, chance for an unexpected and positive outcome? An outcome based on thinking like this; many have prognosticated, here, based on their own experience, BHUB or what ever, TELA, TELAE etc. either won’t trade again, will become another symbol which will slowly, cyclically, evaporate or become a grey for the rest of eternity. From what I have read, in order to trade again, MMs to handle it, in what ever form, will have to be found. Why many ask would any MM get involved if there is no hint of a possibility of profit for them? Why would any MM do so?
From what I gather they would if they saw a chance for money being made.

I have read that this was a MOASS play, a RM play etc. FWIW, we played it like a free slot shot on one of the multi, million machines. But is this really as simple as that?

One fantasy I have had since I even heard of BHUB, started when I first saw the “Home Depot” commercial during hurricane seasons of past showing a HD truck making a turn from its scheduled route to go assist the victims of a hurricane or other weather disaster. That started me wondering why in places like the Gulf of the U.S. nobody has started specialty outlets or warehouses where as soon as “NOAA’s” early warnings begin, folks can get all the plywood, plywood/ sheet rock screws, duct tape and all the other essential items needed for a weather disaster right there at one point?
Granted there wouldn’t be a huge inventory selection but there would be enough supplies that “scalping,” long lines waiting your turn and other difficulties encountered when trying to quickly obtain materials for such emergencies, might be avoided. Also, since the outlet or depot would not be in high demand at times without a storm threat, with the correct preplanning the facility could be used as a place to stockpile materials which could be used by builders, contractors and other home improvement centers. This could be something like what we were accustomed to when I was a kid. We called it simply the “lumber yard.” This was pre Home Depot, Lowes era. Also since many of these “lumber yards” handled heavy trucks, many neighborhoods didn’t want them in the local strip mall where one goes to find a Home Depot or Lowes today. They were almost like a barn and the greatest specialty was if they offered the option to have large pieces of lumber cut to approximate size. After realizing the forecast for storms this year is higher than the norm, there is a better than average chance that the demand for such a line of stores, lumber yards or warehouses will be there. I even thought this was something FEMA might consider giving a helping hand to form especially after Katrina. No one can tell me our governmental system works now as a friend I spoke with whom recently volunteered to go to the area, told me it is far from even partially recovered and the real story is just starting to come to light. It is a story of apparent mismanagement of a system which was totally inadequate from the start.

Well it may be another smoke and mirrors scam but from what I understand this is what has been announced as a possibility that may involve TELA (?), but without mention of FEMA or any other government intervention.
I don’t really care what the chances of a scenario for something like I outlined exist as to my wife and I, BHUB is considered a loss anyway. If there is the glimmer of hope I will let things fall where they may and hope we come out of this with something more than experience and knowledge, which can’t be taken away. A lottery ticket always has a chance until the drawing is over and the ticket is officially rendered worthless.
JMHO,
Nez