Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TheBigHub.com (OTC:BHUB) -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (544)	5/17/1999 10:11:00 PM
From: skyridge	Read Replies (1) \| Respond to of 666

I think you are dead wrong. BHUB has 6 million shares of redeemable preferred stock outstanding. If you think that they will redeem the stock for more than 6 million shares of common, I think you are wrong. That stock (in its current form) has an equal vote with the common, so it stands to reason that the most they will redeem it for would be an equal number of common. And even if they redeem it for common, it would have to be issued as restricted common, which cannot be sold for a year, and even then only under strict 144 guidelines. More important will be whether the new management will bring in significant financing. I also think you have a hard-on for this new management team that is unfounded. Seems to me that their success with shopping.com far outweighs anything you have said about IBUY.