BUYINS.NET: VISN, CXAC, RNWF, CSNY, ENCS, VLCO Have Also Been Added ...

Tag : mobile telephone accessories

Released : Wednesday, August 06, 2008 10:13 AM
RDATE:06082008
BUYINS.NET, www.buyins.net, announced today that these selectcompanies have been added to the NASDAQ, AMEX and NYSE naked shortthreshold list: VisionChina Media Inc. (NASDAQ: VISN), CrossAtlantic Commodities Inc. (OTCBB: CXAC), Renewal Fuels Inc. (OTCBB:RNWF), City Network, Inc. (OTC: CSNY), Encore Energy Systems Inc.(OTC: ENCS), ValCom Inc. (OTC: VLCO). For a complete list ofcompanies on the naked short list please visit our web site. Tofind the SqueezeTrigger Price before a short squeeze starts in anystock, go to www.buyins.net.
VisionChina Media Inc. (NASDAQ: VISN) through its consolidatedaffiliated entity, China Digital Mobile Television Co., Ltd.,provides advertising services in the People's Republic of China. Itoperates out-of-home advertising network using real-time mobiledigital television broadcasts to deliver content and advertising onmass transportation systems. The company's mobile digitaltelevision advertising network delivers real-time content providedby the local television stations. Its advertising networkconsisting of digital television displays located on buses andother selected locations that receive mobile digital televisionbroadcasts of real-time content and advertising. The company'snetwork also displays real-time news and stock quotes, weather andtraffic updates, sports highlights, and other programs, as well asdisseminates public-interest messages and programs that promote thegeneral welfare of society and other urgent messages duringemergency situations, such as typhoons, earthquakes, and otherevents that concern public safety. VisionChina Media also operatesa stationary advertising platform in subway stations in Guangzhouand Shenzhen, China. As of December 31, 2007, its mobile digitaltelevision advertising network consisted of approximately 41,500digital television displays in 14 cities in China; and stationaryadvertising platform consisted of 208 digital displays. VisionChinaMedia sells advertising time on its network to companies throughdirect sales force and third party advertising agents. The companywas founded in 2005 and is headquartered in Shenzhen, the People'sRepublic of China. With 68.39 million shares outstanding and 1.64million shares declared short as of July 2008, there is a failureto deliver in shares of VISN.
Cross Atlantic Commodities Inc. (OTCBB: CXAC) a development stagecompany, imports and delivers coffee and coffee related products tocustomers in the United States, Europe, and Asia. The company wasformerly known as Business Advantage 17, Inc. Cross AtlanticCommodities, Inc. was founded in 1998 and is based in Weston,Florida. With 25.35 million shares outstanding and 200,300 sharesdeclared short as of July 2008, there is a failure to deliver inshares of CXAC. According to quarterly data provided by the SEC,there were still 10,000 shares of CXAC that were failing-to-deliveras of September 25, 2007.
Renewal Fuels Inc. (OTCBB: RNWF) engages in designing, developing,manufacturing, and marketing biodiesel processing equipment andaccessories in the United States. It offers FuelMeister line ofbiodiesel processors, which allow users to convert waste vegetableoil into biodiesel. The company, thorough its subsidiaries, alsodevelops BiodieselMaster, a community-scale biodiesel processingplant for customers, including small communities, farms, farmco-ops, and trucking fleets, as well as engages in growingcellulosic feedstock for the biofuels industry. It sells anddistributes its products through a network of dealers and thirdparty sales associates, as well as directly through its Website atwww.fuelmeister.com. The company is based in Milwaukee, Wisconsin.With 30.77 million shares outstanding and 60,100 shares declaredshort as of July 2008, there is a failure to deliver in shares ofRNWF.
City Network, Inc. (OTC: CSNY) engages in the design, manufacture,and marketing of a range of broadband communication and wirelessInternet access products and solutions in the United States. Itoffers asymmetric digital subscriber line/very high bit-ratedigital subscriber line devices that provide broadband access basedon Internet technologies; HPNA, a broadband network access system,which provides broadband data access through existing telephonelines; fiber optic access equipment; and global positioning systemsolution. The company primarily serves broadband and wirelessInternet services providers, as well as small, medium, and largetelecommunications companies. City Network was founded in 1994 andis based in Taipei, Taiwan. With 34.97 million shares outstandingand an undisclosed short position, there is a failure to deliver inshares of CSNY.
Encore Energy Systems Inc. (OTC: ENCS) a diversified energycompany, markets its patented geothermal water-air heating/coolingsystems to commercial and institutional markets in the UnitedStates. It also sells energy conservation solutions. The company,through its geothermal marketing unit, DeMarco Energy Systems ofAmerica, Inc., has geothermal installations in Oregon,Pennsylvania, Washington, Montana, South Dakota, Mississippi,California, and Texas. It primarily focuses on providing heatingand air conditioning powered by the thermal properties of managedwater systems that include gray-water, re-use water, and potablewater systems. Encore Energy Systems also owns a systems patent,known as the Energy Miser System that utilizes the thermalproperties of managed water supplies to heat/cool and providesdomestic hot water for buildings. The company was founded in 1983and is based in Brighton, Michigan. With 51.05 million sharesoutstanding and 598,000 shares declared short as of July 2008,there is a failure to deliver in shares of ENCS. According toquarterly data provided by the SEC, there were still 28,029 sharesof ENCS that were failing-to-deliver as of September 28, 2007.
ValCom Inc. (OTC: VLCO) operates as a diversified entertainmentcompany in the United States. It engages in studio rental fortelevision production for network and syndication programming, andmotion pictures. The company also supplies and rents personnel,cameras, and other production equipment to various productioncompanies. In addition, ValCom, Inc. leases sound stages, and ownsa library of television content. Further, it produces televisioncontent, film, and animation, as well as operates as an independenttelevision broadcaster. The company was founded in 1983 and isbased in Burbank, California. On July 16, 2007, Valcom, Inc. fileda voluntary petition for reorganization under Chapter 11 in theU.S. Bankruptcy Court for the Central District of California. With4.91 million shares outstanding and 7,500 shares declared short asof July 2008, there is a failure to deliver in shares of VLCO.According to quarterly data provided by the SEC, there were still66,023 shares of VLCO that were failing-to-deliver as of September28, 2007.
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BUYINS.NET has built a massive database that collects, analyzes andpublishes a proprietary SqueezeTrigger for each stock that has beenshorted, www.buyins.net/squeezetrigger.pdf. The SqueezeTriggerdatabase of nearly 2,100,000,000 short sale transactions goes backto January 1, 2005, and calculates the exact price at which theTotal Short Interest is short in each stock. This data was neverbefore available prior to January 1, 2005, because the SelfRegulatory Organizations (primary exchanges) guarded itaggressively. After the SEC passed Regulation SHO, exchanges wereforced to allow data processors like Buyins.net to access the data.
The SqueezeTrigger database collects individual short trade data onover 7,000 NYSE, AMEX and NASDAQ stocks and general short tradedata on nearly 8,000 OTCBB and PINKSHEET stocks. Each month thedatabase grows by approximately 50,000,000 short sale transactionsand provides investors with the knowledge necessary to time when tobuy and sell stocks with outstanding short positions. By trackingthe size and price of each month's short transactions, BUYINS.NETprovides institutions, traders, analysts, journalists andindividual investors the exact price point where short sellersstart losing money.
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