| Copyright: | M2 Communications Ltd. |
| Source: | M2 PressWIRE |
| Wordcount: | 1910 |
RDATE:01122008
BUYINS.NET, www.buyins.net, announced today that these select companies
have been added to the NASDAQ, AMEX and NYSE naked short threshold
list: General Motors Corp. (NYSE: GM), Green Mountain Coffee Roasters
Inc. (NASDAQ: GMCR), Advanced Viral Research Corp. (OTCBB: ADVR),
Renewal Fuels Inc. (OTCBB: RNWF), ICOA, Inc. (OTC: ICOA). 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.
General Motors Corp. (NYSE: GM) and its subsidiaries engage in the
development, production, and marketing of cars, trucks, and related
parts worldwide. It offers small, midsize, sports, and luxury cars; and
pickup, van, utilities, and medium duty trucks. The company sells its
products under the Chevrolet, Buick, Saab, GMC, Pontiac, Cadillac,
Hummer, and Saturn, Opel, Vauxhall, Isuzu, Holden, and Daewoo brand
names in Canada, Europe, Latin America, and Asia Pacific. General
Motors also provides a range of financial services, including consumer
vehicle financing, automotive dealership and other commercial
financing, residential mortgage services, automobile service contracts,
personal automobile insurance coverage, and commercial insurance
coverage. In addition, the company offers after sale services, such as
maintenance, light repairs, collision repairs, and vehicle accessories.
General Motors markets its products through distributors and dealers,
as well as through retail dealers. As of December 31, 2007, the company
operated 6,776 vehicle dealers in the United States, 729 in Canada, and
330 in Mexico, as well as approximately 14,052 distribution outlets in
the rest of the world. It has collaboration with PTT Public Co., Ltd.
for the development of alternative fuels for vehicles. The company was
founded in 1908 and is based in Detroit, Michigan. With 566.16 million
shares outstanding and 93.6 million shares declared short as of October
2008, there is a failure to deliver in shares of GM. According to
quarterly data provided by the SEC, there were still 9,823,745 shares
of GM that were failing-to-deliver as of May 4, 2005.
Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) through its
subsidiaries, engages in roasting, packaging, and distributing roasted
coffee primarily in the northeastern United States. It sells
approximately 100 whole bean and ground coffee selections, hot cocoa,
teas, and coffees. The company offers Arabica coffees and coffee
selections, including single-origins, estates, certified organics, Fair
Trade Certified, proprietary blends, and flavored coffees under the
'Green Mountain Coffee Roasters' and Newman's Own Organics brands.
Green Mountain Coffee Roasters sells coffee to retailers, including
supermarkets; convenience stores; specialty stores; food service
enterprises, including restaurants, hotels, universities, and business
offices; and directly to individual consumers. In addition, it
manufactures gourmet single-cup brewing systems and markets its
patented single-cup coffee and tea brewing systems for the office and
the home under the Keurig brand name. The company was founded in 1981
as Green Mountain Coffee Inc. and changed its name in 2003. Green
Mountain Coffee is headquartered in Waterbury, Vermont. With 24.22
million shares outstanding and 8.77 million shares declared short as of
October 2008, there is a failure to deliver in shares of GMCR.
According to quarterly data provided by the SEC, there were still
213,432 shares of GMCR that were failing-to-deliver as of March 26,
2008.
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Advanced Viral Research Corp. (OTCBB: ADVR) a biopharmaceutical
company, engages in the research, development, and commercialization of
small molecule therapeutics that address medical needs for various
degenerative conditions in the United States. Its products include
AVR118, a cytoprotective drug composed of a complex mixture of protein
and ribonucleic acid components; AVR123, a form of AVR118 specially
designed for dermatology applications, which is in Phase II clinical
trials; AVR147, an inhibitor of a cancer target known as a proteasome;
AVR168 that is a natural product, which inhibits a member of a family
of motor proteins that are responsible for the assembly and function of
microtubules during cell division. The company develops its products
focusing on the treatment of systemic symptoms, such as cachexia (body
wasting), loss of appetite and lethargy experienced by patients with
advanced malignant cancer, HIV-AIDS, cardiovascular disease, sepsis,
viral infections, and other diseases, as well as to treat as an aid in
wound healing. Its also develops its products for use as an
anti-inflammatory in conditions, such as rheumatoid arthritis; and
palliative agent to minimize certain toxicities associated with chemo
or immunotherapies. The company was founded in 1984 and is based in
Yonkers, New York. With 846.23 million shares outstanding and 1,900
shares declared short as of October 2008, there is a failure to deliver
in shares of ADVR. According to quarterly data provided by the SEC,
there were still 8,454,142 shares of ADVR that were failing-to-deliver
as of April 4, 2008.
Renewal Fuels Inc. (OTCBB: RNWF) engages in designing, developing,
manufacturing, and marketing biodiesel processing equipment and
accessories in the United States. It offers FuelMeister line of
biodiesel processors, which allow users to convert waste vegetable oil
into biodiesel. The company, thorough its subsidiaries, also develops
BiodieselMaster, a community-scale biodiesel processing plant for
customers, including small communities, farms, farm co-ops, and
trucking fleets, as well as engages in growing cellulosic feedstock for
the biofuels industry. It sells and distributes its products through a
network of dealers and third party sales associates, as well as
directly through its Website at www.fuelmeister.com. The company is
based in Milwaukee, Wisconsin. With 35.51 million shares outstanding
and 200 shares declared short as of October 2008, there is a failure to
deliver in shares of RNWF. According to quarterly data provided by the
SEC, there were still 1,465,797 shares of RNWF that were
failing-to-deliver as of May 16, 2008.
ICOA, Inc. (OTC: ICOA) provides Wi-Fi networks and services in the
United States. The company sells, installs, supports, and provides
wired and wireless Ethernet and Internet access services, primarily
through Wi-Fi public wireless local area networks. It sells Wi-Fi
systems with operating and maintenance contracts to airports, hotels,
convention centers, restaurants and cafes, resorts, campgrounds,
marinas, multiple dwelling units, travel plazas, and higher education
institutions. The company also provides service management
capabilities, including back office, network management, customer care,
and related services to support the on-going operations of Wi-Fi
service providers. It also operates Wi-Fi hot spots and Internet access
terminals in public locations. As of December 31, 2005, it owned and
operated approximately 1,500 broadband access installations. ICQA, Inc.
was founded in 1983. It was formerly known as Quintonix, Inc. and
changed its name to ICOA, Inc. in 1989. The company is based in
Warwick, Rhode Island. With 564.70 million shares outstanding and an
undisclosed short position, there is a failure to deliver in shares of
ICOA. According to quarterly data provided by the SEC, there were still
20,272,134 shares of ICOA that were failing-to-deliver as of October
23, 2006.
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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 2,250,000,000 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.
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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
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