posted
I don't think this will be restricted by the SEC. Yucatan will have their day in court- they have said as much. Also, they are required to report any actions they are taking with the SEC. Broker's will want it, and probably cry to have it suspended. But, in the end- if the SEC got involved- they would be required to buy the shares they distributed(meaning broker's); and I have never heard of the SEC freezing a stocks price and let it trade to cover those shares. This will head toward a MOASS, and the broker's and shorts know this- hence the volume- anything past 20m I think- is all Fraud & shorts.
posted
Cool, wasn't trying to convince you of anything, just wasn't sure if you were aware of that stuff. And like I said, I've taken my initial capital off the table. I'm willing to let the rest ride.
quote:Originally posted by BooDog:
quote:Originally posted by PCola77: Dog, saw that you had deleted your initial post that I replied to, but I guess I replied before then, opening it up to further discussion. Sorry about that...
Anyway, I think (and correct me if I'm wrong) that you're misunderstanding what's going on here. The R/M was flatly denied by BHUB. No one is playing this as a shell with a R/M. The company has an authorized share count of 50 milion, and like 680+million shares traded on Thursday alone. I own 2.5 million, someone else posted that they own 5 million, and it's pretty much guaranteed that the float is owned many times over by people here and IHub alone. Remeber, this is 50 million share AUTHORIZED, so the company couldn't even dilute into it, unless they change the bylaws to increase the A/S.
So this is a broker/TA error play, and potential MOASS, and nothing to do with a R/M.
If you already knew that, then my apologies, but if you didn't, hopefully I shed some light on it for you.
Take care.
Edit: P.S. I am riding free shares, so I'm pretty relaxed about this whole thing, and can certainly understand and appreciate your words of advice to everyone to protect capital and not get greedy. Words to live by for this, and all other plays.
quote:Originally posted by BooDog: Someone else asked me my opinion and this is what I said, "I saw this too late to take a position and staying well clear of it for my own reasons. Very shaky ground here. I've been wrong before. it would have been awesome to get in this before the run - coulda woulda. Free shares riding would be the best way to play this now imo. The people in charge of this shell could be the very people that started the rumor about the RM."
Someone found this shell and got it going, and just like a shakerzzzz play this could take a fast plunge right back where it came from. imo the people that know how to play these are already out or riding free shares - come Monday the only support left will be those newBs that want to stick their necks out. That may give it a boost and then the free riders will be competing to get out. The "much more" to the story would be the "who" and how the company responded and how the MM's were able to let this trade with such high volumes. Very interesting to learn how these schemes work.
I follow you PCOLA. The rumor of a RM is what started this whole play, imo the RM denial played into this a bit also. The pr on the 28th wasn't very convincing imo as far as pinks go. The pr on the 5th did much better but by then the wheels were already rolling. Now it's an all out scramble to beat some mm's. So who started the rumor and why? manipulating a shell with this rumor sending the company to general quarters claiming they had nothing to do with it and none of it was their fault. I'm just watching how this plays out. If I saw this rumor when it first started I may have thrown $100 in at .0003. just on the chance of an rm. The company share structure at this point appears to be out the window unless they can halt it and force proof of shareholder certs. Good luck to all on this short squeez! moass - I had to look that up! lol. mother of all short squeezes!!
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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quote:Originally posted by cottonjim: What a long f'n weekend that was, bring on the bell
Major correction expected on Monday. My prediction is based on the fact: any pink stock must go thru a correction after rising 200% in a short time, due to profit taking -- if you don't take profit, the MMs and traders will. You can get a better deal if you can wait 3 to 4 days to get in.
This is not one i'm in jim, just watching. I was in and out on Thurs. but based on the hype Fri-Sun. I might have to get back in on Monday for a quick pop. The threat of a SEC suspenstion is real but I have a feeling they will let things ride for a bit before calling the halt, there is money to be made and the SEC is the ultimate insider "if you know what I mean." Besides, I just wana ride the momo for what its worth, I just need to find the entry, thas all.
-------------------- If ignorance is bliss, why aren't more people happy? Posts: 2647 | From: MN | Registered: Feb 2006
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posted
update: this guy *might* be onto something...he says it could affect the OS, but I don't see how on first glance, given the "confirmed" AS...
I don't have time to dig through it, cuz of early morning coming:
quote:Ok, cum out, cum out all you scientologists! I kant figger if BHUB is mo funnier, or mo skammier..
Ok we alreddy know BHUB iz Yukatan's munny tree b-cuz of the 1999 agreement allowing Yucatan to be issued billions of unregistered shares(thus giving them control of tha cumpany), shown in this 2000 13D, so they need 2 keep tha "gitt shorty" deal goin full speed 2 sell tha sharez. Thatz alreddy been established: http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0000950144%252D00...
Now letz digg deeper to find tha nutz and boltz of this skam. Letz check out this guy, the former principal of BHUB: Frank Denny, Stilden co. same adr as BHUB at 2939 Moss Rock, Suite 100, San Antonio, Texas 78230: http://www.sec.gov/Archives/edgar/data/1093192/0001017062-00-000454.txt
Well so now we know Denny got interests in BHUB along with Yukatan and iz down with a group of old skool scientology fraudsters. So letz check out tha latest "stolen corporate id" evidence: It appears to hinge on a John Sparrow "hijacking" the shell, with the delusional belief that it took a year and a half for Yukatan to "figger it out". Well letz see what Sparrow did afta tha so-called "hijacking", he startz 2 run a deal with Advanced Growing Systems, letz look at Advanced Growing Systems address: http://www.agsincorporated.com/ 18201 Von Karman, Suite 550 Irvine, CA 92612
Oh my, why thatz right nexxxxt 2 where Dennyz old skool Scientology scammer Ballah wuz runnin skamz when he wuz workin with BHUB/Denny: http://www.secinfo.com/d11t8j.4f8ad.htm 2575 McCabe Way, Irvine California 92614
We alreddy know due 2 tha fact Yukatan waited until AFTA tha "cyberhand" pump 2 make an appearance, therez a 99% probability THAT deal wuz done with Yukatanz knowledge(so they cudd dump billions of their unregistered shares of tha 1999 agreeement), and NOW here we have the smoking gun that they are innnn DEEEP with a buncha Scientology Pyramid scammerz dumppin HUGGGE tellin every buddy EVERYTHIN but tha outstandin shares, LOL!!
Well, untill 2morrow that iz. Now I know why Yukatan wuzent gunna just milk it at .0008- Pyramid skammaz are like tha Gypsies- they don't wait araound- they take tha munny KWIK! With tha message board plantz showin up, tha skam wuz gittin obvious anyway- only missin tha nutz and tha boltz.
And what kind of nutz gitt uncovered with just an hour of diggin: Scientology pyramid skammaz!!
Lookz like Yukatan takin ALL of L Ron Hunnards advice:
"The governing policy of finance is to MAKE MONEY, MAKE MORE MONEY, MAKE OTHER PEOPLE PRODUCE SO AS TO MAKE MONEY
posted
Tex, you come up with any more on this? Like you said, if the A/S is 50 million, that's all that the company can issue legally, right? So if the company put more shares than that out there, wouldn't they then be liable to buy them back?
This is not a case where a company can dilute and screw the people playing the short, so I can't understand what he's getting at exactly.
Oh well. My best guess is it won't go as high as some people think or as low as others think
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
150 Million is the real O/S of this company...per the president, per the T/A...just a little FYI...look for a PR today
Posts: 679 | From: New York | Registered: Jan 2006
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quote:Originally posted by PCola77: Tex, you come up with any more on this? Like you said, if the A/S is 50 million, that's all that the company can issue legally, right? So if the company put more shares than that out there, wouldn't they then be liable to buy them back?
This is not a case where a company can dilute and screw the people playing the short, so I can't understand what he's getting at exactly.
Oh well. My best guess is it won't go as high as some people think or as low as others think
WTG M8. I missed this ride. and stayed out. Still learning. better safe than sorry. Thanks for your input! 5 Stars!
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
Thanks man, and don't be hard on yourself, no matter how long you've been doing this, I think you're always "still learning". I've only been doing this for like a year, so I'm far from a seasoned vet, which is why i always look for input from some of the "old guys" when i have a chance. Best way to learn here is to learn from them, instead of wearing blinders. Opposing opinions (as opposed to flat out bashes) are always welcome, and necessary.
quote:Originally posted by BooDog:
quote:Originally posted by PCola77: Tex, you come up with any more on this? Like you said, if the A/S is 50 million, that's all that the company can issue legally, right? So if the company put more shares than that out there, wouldn't they then be liable to buy them back?
This is not a case where a company can dilute and screw the people playing the short, so I can't understand what he's getting at exactly.
Oh well. My best guess is it won't go as high as some people think or as low as others think
WTG M8. I missed this ride. and stayed out. Still learning. better safe than sorry. Thanks for your input! 5 Stars!
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
I agree. I keep refreshing and saying to myself "Okay, if it's still at .0032 or higher I'll be happy. And it's at like .0041. It's ridiculous.
QUOTE]Originally posted by tompom: this thing is so much fun today awesome! [/QUOTE]
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
I sold out in the high 3's. Greed will get most and wonder what happened. There is always another one around the corner.
Posts: 514 | Registered: Feb 2007
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quote:Originally posted by farmerboy: I sold out in the high 3's. Greed will get most and wonder what happened. There is always another one around the corner.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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