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BUYINS.NET: QRR, EFUT, GLOB, PXIA, SUFH, CTGI Have Been Removed From
Naked Short List Today
(M2 PressWIRE Via Thomson Dialog NewsEdge)
RDATE:27032008
BUYINS.NET, www.buyins.net, announced today that these select companies
have been removed from the NASDAQ, AMEX and NYSE naked short threshold
list: Quadra Realty Trust Inc. (NYSE: QRR), eFuture Information
Technology Inc. (NASDAQ: EFUT), Global Med Technologies Inc. (OTCBB:
GLOB), Phoenix India Acquisition Corp. (OTCBB: PXIA), Surfect Holdings
Inc. (OTCBB: SUFH), CSMG Technologies, Inc. (OTCBB: CTGI). 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.
Quadra Realty Trust Inc. (NYSE: QRR) is a commercial real estate
finance company headquartered in New York, and was formed primarily to
invest in commercial mortgage investments and related products. Quadra
invests in a diversified portfolio of commercial mortgage investments
and related projects and is externally managed by HRECC. A substantial
portion of the loans in Quadra's portfolio was syndicated by HRECC and
HRECC continues to maintain a significant interest in these assets on
its balance sheet. Quadra's portfolio is comprised of participations in
loans that are backed by real estate assets located primarily in
coastal US markets, as well as premier inland markets, including
Phoenix, AZ and Las Vegas, NV. Quadra's portfolio is diversified across
property sectors: condominium, multifamily, retail, hotel, office, and
other. All of the investment assets in the Quadra portfolio are
performing loans. Quadra's portfolio does not contain any CDOs or
structured finance securities. With 25.72 million shares outstanding
and 1.14 million shares declared short as of March 2008, there is no
longer a failure to deliver in shares of QRR. According to quarterly
data provided by the SEC, there were still 10,204 shares of QRR that
were failing-to-deliver as of August 17, 2007.
eFuture Information Technology Inc. (NASDAQ: EFUT) through its
subsidiary, e-Future (Beijing) Tornado Information Technology, Inc.,
provides integrated software and professional services for
manufacturers, distributors, wholesalers, logistics companies, and
retailers in China's supply chain front market. The company's software
solutions include e-Future ONE Visual-DRP, a Web-based product designed
to meet the distribution and network management needs of manufacturers;
e-Future ONE DMS, a mini-enterprise resource planning application
utilized by wholesalers and distributors in the consumer goods
industry; e-Future ONE POS-ERP, a software solution designed to meet
the demands of retailers for goods flow, order flow, information flow,
and cash flow management; and e-Future ONE LRP, an application for
distributors or logistics companies to improve warehouse management,
transportation management, and logistics management. It also offers
e-Future ONE SCM, an application designed to promote collaborative
business between retailers and their suppliers; e-Future ONE CPFR/VMI,
a program that provides customers with collaborative planning,
forecasting, and replenishment features; e-Future ONE CRM, a system
tool mining and analyzing customer data for retailing operations;
e-Future ONE BI, a program designed for intelligent distribution; and
e-Future ONE eWalkman, an all-in-one portable payment system, which can
place information at both the operator and customer locations. In
addition, e-Future provides consulting services, including systems
implementation, systems planning and design, customer-specific
configuration of application modules, and on-site implementation or
conversion from existing systems, as well as post-implementation
consulting services. The company was founded in 1997 and is
headquartered in Beijing, the People's Republic of China. With 2.63
million shares outstanding and 388,900 shares declared short as of
March 2008, there is no longer a failure to deliver in shares of EFUT.
According to quarterly data provided by the SEC, there were still
12,232 shares of EFUT that were failing-to-deliver as of September 28,
2007.
Global Med Technologies Inc. (OTCBB: GLOB) designs, develops, markets,
and supports information management software products for blood banks,
hospitals, centralized transfusion centers, and other health care
related facilities in the United States, Canada, Puerto Rico, and
Africa. Its products include SafeTrace, which is used to assist
community blood centers, hospitals, plasma centers, and outpatient
clinics for the collection and management of blood and blood products;
and SafeTrace Tx, a transfusion management information system designed
for hospitals and centralized transfusion centers to enable insure the
quality of blood transfused into patient-recipients. The company,
through its subsidiary, PeopleMed.com, Inc., (PeopleMed) develops a
software application designed to provide HMO providers and other third
party payers access to clinical information for chronic disease
patients. PeopleMed offers chronic disease management as an application
service provider and its system uses the Internet to coordinate sources
and users of a patient's clinical information, including laboratory,
pharmacy, primary and specialty care providers, claims, and medical
records. Global Med Technologies also engages in the licensing of
software; and the provision of maintenance, consulting, and support
services; as well as in the resale of software obtained from vendors.
The company was founded in 1989 and is headquartered in Lakewood,
Colorado. With 26.94 million shares outstanding and 19,100 shares
declared short as of March 2008, there is no longer a failure to
deliver in shares of GLOB. According to quarterly data provided by the
SEC, there were still 223,646 shares of GLOB that were
failing-to-deliver as of September 28, 2007.
Phoenix India Acquisition Corp. (OTCBB: PXIA) does not have significant
operations. It intends to acquire, through merger, capital stock
exchange, asset acquisition, or other similar business combination, one
or more operating businesses. The company intends to acquire businesses
within the information technology, information technology-enabled
services, and information technology-enabled products industries,
including those in the knowledge process outsourcing and business
processing outsourcing operating in India. Phoenix India Acquisition
Corp. was founded in 2005 and is based in New York, New York. With 8.57
million shares outstanding and 100 shares declared short as of March
2008, there is no longer a failure to deliver in shares of PXIA.
According to quarterly data provided by the SEC, there were still
23,302 shares of PXIA that were failing-to-deliver as of September 28,
2007.
Surfect Holdings Inc. (OTCBB: SUFH) together with its subsidiary,
Surfect Technologies, Inc., develops automated electroplating tools for
the semiconductor assembly industry in the United States. Its tools are
designed to deposit conductive metals on wafers through a proprietary
electroplating process, which involves the coating of an electrically
conductive object with a layer of metal using electrical current. The
company offers Ascent, an independent device manufacturers (IDM) bump
engine for focused applications, and research and development tool that
allows IDMs to test new chemistries; Leapfrog, a 300/200mm fully
automated production tool; and Rio for electroless nickel immersion
gold process. Its development products include Sunrise, a
300/200/150/100mm bump engine tailored to produce solar cell
interconnect; and Promise, a 300/200/150mm bump engine for silicon fuel
cell applications. Surfect Holdings serves semiconductor manufacturers,
product development groups, fabless companies, and merchange
interconnect and packaging suppliers. The company was founded in 2000
and is based in Albuquerque, New Mexico. With 15.17 million shares
outstanding and 58,400 shares declared short as of March 2008, there is
no longer a failure to deliver in shares of SUFH. According to
quarterly data provided by the SEC, there were still 10,062 shares of
SUFH that were failing-to-deliver as of August 23, 2007.
CSMG Technologies, Inc. (OTCBB: CTGI) together with its subsidiaries,
operates as a technology management company. The company engages in
owning, developing, patenting, managing, licensing, and marketing
technologies in Ukraine and other eastern European countries. It
provides live biological tissue bonding technology that focuses on
bonding living soft biological tissue used in surgical procedures,
which eliminates the need for sutures, staples, sealants, or glues; and
carbon dioxide separation of landfill gas technology that separates
carbon dioxide and other impurities from the gas produced in landfills
and convert the remaining gas to a cleaner, up to 98% pure methane gas
for use in internal combustion engines or for sale to natural gas
companies. The company was incorporated in 1992 as Consortium Service
Management Group, Inc. and changed its name to CSMG Technologies, Inc.
in January 2007. CSMG Technologies is headquartered in Corpus Christi,
Texas. With 38.02 million shares outstanding and an undisclosed short
position, there is no longer a failure to deliver in shares of CTGI.
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 1,850,000,000 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
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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.
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of Section 27A of the Securities Act of 1933, as amended, and Section
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to differ materially from those projected in the forward-looking
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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
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You should consider these factors in evaluating the forward-looking
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of the date hereof and BUYINS.NET undertakes no obligation to update
such statements.
Contact: Thomas Ronk, CEO www.buyins.net Tom@buyins.net +1-800-715-9999
CONTACT: Thomas Ronk, CEO, Buyins.net
Tel: +1 800 715 9999
e-mail: Tom@buyins.net
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