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Re: stockrider post# 176

Friday, 06/09/2006 6:56:37 PM

Friday, June 09, 2006 6:56:37 PM

Post# of 56797
According to a chat I had with the transfer agent, they got the BHUB account around October of last year. Since that time, they have made no new stock issuances.

They also claim to have no other contact info, other than what is posted on pink sheets and other sites.


They could not divulge any info on the outstanding, since they personally have not made and verified a list of all current shareholders, and don't want to be held responsible in case of error.

Based on my private holdings, and those held by others I know, and having watched level 2 all week, my estimate would be a minimum of over 250 million OS, and over 125 million in the float.

I think many of the shares popping up are people finally getting the opportunity to get out a little higher than they have had the chance to over the past months. If there is dilution by the company, it is from shares they have long held. We really have no way of knowing.

I hate using the shorting theory, but it could be something to consider with the sudden vol burst.

Hopefully we will soon find out what triggered off the buying spree. Let's hope it's good.




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