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Yucatan Holding Company to Clarify position on The Big Hub.com, Inc.
Wednesday March 28, 2:44 pm ET
KNOXVILLE, Tenn., March 28 /PRNewswire/ -- Yucatan Holding Company, as holder of the majority of shares to be received pursuant to a certain Voting Agreement and Irrevocable Trust dated April 1999, wishes to clarify its position with regards to mergers and or acquisitions that have been in discussion.
The Company has not been in contact with a representative of Cyberhand Technologies International, Inc. with regards to their interest. At this time no action is contemplated as the Company does not know nor has it had any discussions with regards to Cyberhand's interest. The Big Hub.com, Inc. (Pink Sheets: BHUB - News) is currently reviewing potential business ventures unrelated to current rumors that have surfaced and come to the attention of the Company.
The Company further states that it is concerned as to the recent activity in the shares of The Big Hub.com, Inc. as the activity seems to be excessive considering the current share structure. The Company intends to investigate this matter vigorously.
Source: Yucatan Holding Company
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