|
BUYINS.NET: TMCV, GNLK, IXOG, NPHS, SLGLF, EORIF Have Also Been
Removed From Naked Short List Today
(M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:21082008
BUYINS.NET, www.buyins.net, announced today that these select companies
have been removed from the NASDAQ, AMEX and NYSE naked short threshold
list: Temecula Valley Bancorp Inc. (NASDAQ: TMCV), Genelink Inc.
(OTCBB: GNLK), Index Oil & Gas Inc. (OTCBB: IXOG), NextPhase Wireless
Inc. (OTCBB: NPHS), Silverado Gold Mines Ltd. (OTCBB: SLGLF), Enhanced
Oil Resources, Inc. (OTC: EORIF). For a complete list of companies on
the naked short list please visit our web site. To find the
SqueezeTrigger Price before a short squeeze starts in any stock, go to
www.buyins.net.
Temecula Valley Bancorp Inc. (NASDAQ: TMCV) operates as the bank
holding company for Temecula Valley Bank that provides various banking
services in California. The company's deposit accounts include non
interest-bearing demand, money market and NOW, savings, and time
deposits, as well as certificates of deposit. It offers automobile,
recreational vehicle, boat, home improvement, collateralized and
uncollateralized personal, and deposit account collateralized loans, as
well as home equity lines of credit; and residential, commercial, and
industrial construction loans. The company also provides construction
loans on one-to-four-family residences and commercial real estate
properties; and construction and/or mortgage, construction lending,
commercial, SBA, and real estate secured loans. As of December 31,
2007, it operated 11 offices in Carlsbad, Corona, El Cajon, Escondido,
Fallbrook, Murrieta, Ontario, Solana Beach, San Marcos, Temecula, and
the Rancho Bernardo area of San Diego. The company was founded 1996 in
and is based in Temecula, California. With 10.03 million shares
outstanding and 703,400 shares declared short as of July 2008, there is
no longer a failure to deliver in shares of TMCV. According to
quarterly data provided by the SEC, there were still 53,546 shares of
TMCV that were failing-to-deliver as of September 28, 2007.
Genelink Inc. (OTCBB: GNLK) through its subsidiaries, operates as a
biosciences company that creates genetic tests as the basis for
personalized health, beauty, and wellness applications in the United
States. It offers a deoxyribonucleic acid (DNA) collection kit for the
collection of DNA specimens of clients. The company has also developed
proprietary single nucleotide polymorphism-based genetic profiles,
which include GeneLink Nutragenetic Profile and Dermagenetics profiles,
which provide a means of predicting an individual's inherent genetic
capacity to combat such conditions as oxidative stress and other
important selected areas of physiologic health. Its profile assessment
enables nutritional and skin care companies and health care
professionals to recommend a specific and targeted regime of
antioxidant vitamins, nutrients, or skin care formulations designed to
compensate for predicted deficiencies. The Oxidative Stress (OS)
profile provides a means of predicting an individual's inherent genetic
capacity to combat oxidative stress. It can measure a person's
potential to efficiently control oxygen free radical damage, eliminate
hydrogen peroxide, protect and repair oxidized phospholipids, and
destroy harmful environmental compounds. GeneLink was founded in 1994
and is based in Jersey City, New Jersey. With 66.34 million shares
outstanding and 126,900 shares declared short as of July 2008, there is
no longer a failure to deliver in shares of GNLK.
Index Oil & Gas Inc. (OTCBB: IXOG) engages in the acquisition,
exploration, appraisal, development, production, and sale of oil and
gas properties, primarily in Kansas, Louisiana, and Texas. As of March
31, 2008, the company's estimated total proved oil and gas reserves
were approximately 219.469 thousands of barrels of oil equivalent,
including 37.767 thousand barrels of oil and 1,090.213 million cubic
feet of natural gas. Index Oil and Gas was founded in 2003 and is based
in Houston, Texas. With 65.8 million shares outstanding and 3,800
shares declared short as of July 2008, there is no longer a failure to
deliver in shares of IXOG. According to quarterly data provided by the
SEC, there were still 16,078 shares of IXOG that were
failing-to-deliver as of September 17, 2007.
NextPhase Wireless Inc. (OTCBB: NPHS) together with its subsidiaries,
provides Internet and connectivity services to customers primarily in
the United States. The company engages in the design, deployment, and
operation of WiMAX-ready networks, as well as provides wired and
wireless broadband connectivity solutions to businesses, public school
systems, municipalities, and other government agencies. It delivers
NextPhase CONNECT family of wireless broadband solutions that meet the
demands of mobile and wireline voice, data, voice over Internet
protocol, and video applications. NextPhase Wireless also operates as
an Internet service provider of tiered wireless Internet services to
business and residential subscribers; resells components and equipment
related to its products and services; and provides professional and
consulting services, including wireless network consulting,
interference surveys, network management, and telephone consulting. The
company was founded in 2000 and is headquartered in Anaheim,
California. With 3.9 million shares outstanding and 17,900 shares
declared short as of July 2008, there is no longer a failure to deliver
in shares of NPHS.
Silverado Gold Mines Ltd. (OTCBB: SLGLF) is an exploration stage
company focused on the exploration of gold properties, with some past
production, and the development of new environmentally friendly
low-rank coal water fuel technology. The Company has gold properties
located throughout Alaska, which include a 100% interest in numerous
mining claims located on the Nolan Creek property. The Company is
developing low-rank coal water fuel that is designed to be produced
from low-rank coal and processed into an environmentally friendly oil
substitute. Silverado Green Fuel Inc. is a wholly owned subsidiary of
its publicly traded parent, Silverado Gold Mines Ltd. With 926.27
million shares outstanding and 34,800 shares declared short as of July
2008, there is no longer a failure to deliver in shares of SLGLF.
According to quarterly data provided by the SEC, there were still
28,923 shares of SLGLF that were failing-to-deliver as of September 28,
2007.
Enhanced Oil Resources, Inc. (OTC: EORIF) a natural resources company,
engages in the acquisition, exploration, and development of natural
resource properties in the southwestern United States. The company
focuses on the development of helium/carbon dioxide fields; and
production of oil via enhanced oil recovery processes using carbon
dioxide injection in the United States. It owns and operates St. Johns
Field, an undeveloped helium and carbon dioxide field in North America.
The company, formerly known as Ridgeway Petroleum Corp., was founded in
1980 and is headquartered in Houston, Texas. With 105.0 million shares
outstanding and an undisclosed short position, there is no longer a
failure to deliver in shares of EORIF. According to quarterly data
provided by the SEC, there were still 48,676 shares of EORIF that were
failing-to-deliver as of September 28, 2007.
About BUYINS.NET
WWW.BUYINS.NET is a service designed to help bonafide shareholders of
publicly traded US companies fight naked short selling. Naked short
selling is the illegal act of short selling a stock when no affirmative
determination has been made to locate shares of the stock to
hypothecate in connection with the short sale. Buyins.net has built a
proprietary database that uses Threshold list feeds from NASDAQ, AMEX
and NYSE to generate detailed and useful information to combat the
naked short selling problem. For the first time, actual trade by trade
data is available to the public that shows the attempted size, actual
size, price and average value of short sales in stocks that have been
shorted and naked shorted. This information is valuable in determining
the precise point at which short sellers go out-of-the-money and start
losing on their short and naked short trades.
BUYINS.NET has built a massive database that collects, analyzes and
publishes a proprietary SqueezeTrigger for each stock that has been
shorted, www.buyins.net/squeezetrigger.pdf. The SqueezeTrigger database
of nearly 2,100,000,000 short sale transactions goes back to January 1,
2005, and calculates the exact price at which the Total Short Interest
is short in each stock. This data was never before available prior to
January 1, 2005, because the Self Regulatory Organizations (primary
exchanges) guarded it aggressively. After the SEC passed Regulation
SHO, exchanges were forced to allow data processors like Buyins.net to
access the data.
The SqueezeTrigger database collects individual short trade data on
over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on
nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows
by approximately 50,000,000 short sale transactions and provides
investors with the knowledge necessary to time when to buy and sell
stocks with outstanding short positions. By tracking the size and price
of each month's short transactions, BUYINS.NET provides institutions,
traders, analysts, journalists and individual investors the exact price
point where short sellers start losing money.
All material herein was prepared by BUYINS.NET, based upon information
believed to be reliable. The information contained herein is not
guaranteed by BUYINS.NET to be accurate, and should not be considered
to be all-inclusive. The companies that are discussed in this opinion
have not approved the statements made in this opinion. This opinion
contains forward-looking statements that involve risks and
uncertainties. This material is for informational purposes only and
should not be construed as an offer or solicitation of an offer to buy
or sell securities. BUYINS.NET is not a licensed broker, broker dealer,
market maker, investment banker, investment advisor, analyst or
underwriter. Please consult a broker before purchasing or selling any
securities viewed on or mentioned herein. BUYINS.NET may receive
compensation in cash or shares from independent third parties or from
the companies mentioned.
BUYINS.NET affiliates, officers, directors and employees may also have
bought or may buy the shares discussed in this opinion and may profit
in the event those shares rise in value. Market commentary provided by
Thomas Ronk.
BUYINS.NET will not advise as to when it decides to sell and does not
and will not offer any opinion as to when others should sell; each
investor must make that decision based on his or her judgment of the
market.
This release contains "forward-looking statements" within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section
21E the Securities Exchange Act of 1934, as amended and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
"Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"may", "future", "plan" or "planned", "will" or "should", "expected,"
"anticipates", "draft", "eventually" or "projected". You are cautioned
that such statements are subject to a multitude of risks and
uncertainties that could cause future circumstances, events, or results
to differ materially from those projected in the forward-looking
statements, including the risks that actual results may differ
materially from those projected in the forward-looking statements as a
result of various factors, and other risks identified in a companies'
annual report on Form 10-K or 10-KSB and other filings made by such
company with the Securities and Exchange Commission.
You should consider these factors in evaluating the forward-looking
statements included herein, and not place undue reliance on such
statements. The forward-looking statements in this release are made as
of the date hereof and BUYINS.NET undertakes no obligation to update
such statements.
CONTACT: Thomas Ronk, CEO, BUYINS.NET
Tel: +1 800 715 9999
e-mail: Tom@buyins.net
WWW: http://www.buyins.net
((M2 Communications Ltd disclaims all liability for information
provided within M2 PressWIRE. Data supplied by named party/parties.
Further information on M2 PressWIRE can be obtained at
http://www.presswire.net on the world wide web. Inquiries to
info@m2.com)).
Copyright ? 2008 M2 Communications Ltd.
[ Back To TMCnet.com's Homepage ]
|
INDUSTRIES
INDUSTRIES
Find Solutions for Enterprises, SMBs & Service Providers at the INTERNET TELEPHONY Conference and EXPO East, February 2-4, 2009. Miami, Florida.
