Re: SLEU, BHUB, possible Tennessee connection
Re: The Shell Game continued, and a possible Tennessee connection
In early February, 1999, Stockinvestor.com profiled SLEU.
SLEU began life as Belco Systems (OTC: BLCO), which essentially became a shell and reversed merged with Knoxville, Tennessee based SJI Wholesale, "a sales and marketing organization, specializing in the distribution of premium cigars, computer and Internet services, Web site development and Web site hosting." The new symbol was SJIG. In May of 1998, it was touted by Super FutureStock; see napeague.com. SJIG later changed its name again, to i Commerce Group, Inc. It now trades under the symbol ICGI and is still located in Knoxville.
One of SJI's internet customers was an Internet search engine called "The Internet Sleuth". SJI created a wholly-owned subsidiary, Maverick Communications Corp., to handle all of the Company's Internet Web site design. Maverick then acquired the rights to The Internet Sleuth. Maverick reversed merged into its own shell, Coordinated HealthCare, Inc. (OTC: CHCK). The new name was iSleuth.com and the new symbol was SLEU. An entity called TheBigHub.com created a portal based on the iSleuth search engine and eventually SLEU changed its symbol once again, this time to BHUB.
BHUB was at one time based in Florida, then Stamford, CT, and now San Antonio, Texas. They've announced financing that never was, management that never was, and all sorts of other bogus stuff which is better explained by reading Message 9733930.
- Jeff |
