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Art2Gecko

04/02/07 11:17 PM

#14117 RE: pinkshell #14113

Finding the theives shouldn't be too hard, as Select American has that info already. It just needs to be handed over to Yucatan's attorneys, or subpoenaed if necessary.

From what I understand, Yucatan/bighub are looking for FLA or perhaps federal court lawsuits to handle the illegitimate share issue.

re: the MOASS... I've seen a lot of people who were in on BCIT, PAIV, GLKC, PAIM, GVRP, and others that did in fact MOASS hugely, posting that too...

i suggest we wait and see what pinksheets gets updated to here in the next day or two.
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Billybob_TX

04/02/07 11:29 PM

#14121 RE: pinkshell #14113

The unauthorized shares must be removed from the float, exactly like PAIV, AWBY, BCIT, etc. etc. etc.

Those all MOASS'ed, some were stopped mid-MOASS, but are getting going again, the difference here is what exactly?
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clarity789

04/02/07 11:44 PM

#14133 RE: pinkshell #14113

I can't agree with that - nothing is set in stone.

Too many possibilites to mention here... but there are several things that could result in a favorable outcome here.

I'd like to see the official share structure of course - required IMO

Then I'd like to see some projections based on the NOBO/DTC lists.... which brokers are short? which MM's did they use? what kind of deals can be made? Was it illegal dilution (negotiate), or NSS (don't negotiate)?

You see, I don't believe the shorts will have to cover.... instead, I think the company will offer to cover shares in exchange for some type of compensation from those who accepted the illegal dilution. Its called negotiating.

I believe BHUB will contine to trade.... but only as long as the SEC/DTC can see that the problem is moving toward resolution, and solutions are being negotiated.

BHUB and the new TA will know which brokers/mm's are in trouble.... if we keep trading.

Brokers and MM's have insurance against this exact type of fraud. I don't believe most of them will have a problem filing an insurance claim.... but only if they can escape criminal/civil liabilities. So BHUB needs to negotiate.

Most of the brokers/MM's are victims too.... the guilty party's are whoever printed the share certificates, and the 1 or more MM's they used to dump the shares.

That will take care of the illegal dilution. The remaining problem is the NSS. And that problem can be dealt with after cleaning up the dilution - at the companies leisure.





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abbytraderwin

04/02/07 11:59 PM

#14142 RE: pinkshell #14113

Correct, somewhat. This is the same crap as CSHD only this time we know the players and the real outcome. If you think the SEC doesn't already know about this stock and the FTD's, you are mistaken. Any investor could have notified them already. With the BHUB PRs and the DD on this board this weekend they would have been aware for some time now. They could have halted the stock already as they did the 30 some odd PR bliz stocks last month. BHUB must have talked to the SEC already and as long as they have a plan to address the share struture the rest will be on the SEC, MMs and shareholders. Once the PR and Update to pinksheets, which by the PR today will be coming any day this week, is done this thing will be on autopilot!

If you sell your shares the money goes into your account at whatever price you sell them, correct? Who now holds those FTDs? What value do they have? Who got the money for the original sale of those billions of FTD's? Who has a contract with you to make any shares they sell you good? So who is really holding the bag already? Who do they get there money back when the real share struture is verified this week? If you do not sell your shares until the pinksheets update later this week, what will happen to the pps immediately thereafter?

MMs play the box game on all stocks on a daily basis. No different here. You lose when you are scared out only to watch the pps rise from the sidelines.

Buying every dip until this explodes.

Enjoy