BUYINS.NET: VNDA, ATWO, CAGC, CSOL, INRA, EEGI Have Also Been Removed From Naked Short List Today
M2 PressWIRE, May 12, 2008 Monday
RDATE:12052008
BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold list: Vanda Pharmaceuticals Inc. (NASDAQ: VNDA), a21 Inc. (OTCBB: ATWO), China Agritech Inc. (OTCBB: CAGC), China Solar & Clean Energy Solutions Inc. (OTCBB: CSOL), Innova Robotics and Automation Inc. (OTCBB: INRA), Eline Entertainment Group, Inc. (OTC: EEGI). 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.
Vanda Pharmaceuticals Inc. (NASDAQ: VNDA) a biopharmaceutical company, focuses on the development and commercialization of clinical-stage drug candidates for central nervous system disorders. Its product portfolio includes Fiapta, a compound for the treatment of schizophrenia and bipolar disorder; VEC-162, a compound for the treatment of sleep and mood disorders; and VSF-173, a compound for the treatment of excessive sleepiness. The company was founded in 2002 and is headquartered in Rockville, Maryland. With 26.65 million shares outstanding and 5.45 million shares declared short as of April 2008, there is no longer a failure to deliver in shares of VNDA. According to quarterly data provided by the SEC, there were still 16,112 shares of VNDA that were failing-to-deliver as of September 28, 2007.
a21 Inc. (OTCBB: ATWO) through subsidiaries, aggregates visual content from photographers, photography agencies, archives, libraries, and private collections; and licenses visual content to its customers. Its customers include advertising and design agencies, publishing and media entities, in-house communication departments and outside corporate communications firms, small and home office businesses, and the general public. The company also offers subscription, CD-ROM, and individual royalty free images, as well as vector graphics and fonts, vehicle online templates, and print price guides for the worldwide graphics design, printing, sign making, advertising, and publishing communities. It also supplies home and office framed and unframed wall decor to retailers, catalogers, membership organizations and consumers through online and traditional retail and wholesale distribution channels. The company sells its products directly and through distributors. It also markets its products through print advertising, direct mail, Web mail, and telemarketing. The company was founded in 1973 and is headquartered in Jacksonville, Florida. With 87.99 million shares outstanding and 2,500 shares declared short as of April 2008, there is no longer a failure to deliver in shares of ATWO. According to quarterly data provided by the SEC, there were still 22,831 shares of ATWO that were failing-to-deliver as of September 28, 2007.
China Agritech Inc. (OTCBB: CAGC) is engaged in the development, manufacture and distribution of organic liquid compound fertilizers and related products in the People's Republic of China. The Company has developed proprietary formulas that provide a continuous supply of high-quality agricultural products while maintaining soil fertility. The Company sells it products to farmers located in twenty provinces of China including: Hainan, Anhui, Hubei, Jiangsu, Jiangxi, Guangxi, Liaoning, Shanxi Heilongjiang, Hebei, Jilin, Shandong, Inner Mongolia, Henan, Sichuan, Guangdong, Xinjiang, Yunnan, Chongqing and Guizhou. With 24.7 million shares outstanding and 312,900 shares declared short as of April 2008, there is no longer a failure to deliver in shares of CAGC. According to quarterly data provided by the SEC, there were still 16,558 shares of CAGC that were failing-to-deliver as of September 28, 2007.
China Solar & Clean Energy Solutions Inc. (OTCBB: CSOL) operates through its wholly owned subsidiaries Bazhou Deli Solar Heating Energy Co. Ltd., Beijing Deli Solar Technology Development Co., Ltd. and its 51% ownership in Tianjin Huaneng Energy Equipment Company, all of which are located in the PRC. The Company manufactures and distributes hot water and space heating devices to customers in the PRC, in addition to waste heat recovery systems. With 6.21 million shares outstanding and 38,200 shares declared short as of April 2008, there is no longer a failure to deliver in shares of CSOL.
Innova Robotics and Automation Inc. (OTCBB: INRA) through its subsidiaries, operates as a robotics and automation technology company that provides hardware and software systems-based solutions to the military, service, personal, and industrial robotic markets in the United States. It offers open-architecture PC controls, software, and related products. The company provides control systems, which include Universal Robot Controller, an open-architecture control system that operates the robot. Innova Robotics & Automation is also developing Universal Automation Controller, which is a motion control system for automated machines in the final stages of development. It also offers RobotScript, a robot programming software, and other software programs that are used to communicate with other PC devices and platforms, including the Internet, as well as provides system development and system integration services. In addition, the company engages in the deployment and integration of computing platforms and applications, as well as in the development of unmanned vehicle software and solutions for customers in the research, commercial, and homeland security market segments. Its products include Plus Pak, which is a collection of applications, services, and tools that allow users to expand modeling and simulation situations; and Surveyor, a mobile service robot used for applications, such as surveillance and monitoring, and research and development. The company also provides enterprise business solutions. Its customers include automotive manufacturers and automotive suppliers, food and consumer goods companies, semiconductor and electronics firms, metalworking companies, plastics and rubber manufacturers, as well as life sciences, pharmaceutical, and biomedical industries. Innova Robotics & Automation has strategic development relationships with Embry Riddle Aeronautical University and the University of South Florida. The company was founded in 1994 and is based in Fort Myers, Florida. With 158.52 million shares outstanding and 258,200 shares declared short as of April 2008, there is no longer a failure to deliver in shares of INRA. According to quarterly data provided by the SEC, there were still 140,000 shares of INRA that were failing-to-deliver as of September 28, 2007.
Eline Entertainment Group, Inc. (OTC: EEGI) holds a controlling interest in the voting securities of CTD Holdings, Inc., which sells cyclodextrins (CDs) and provides consulting services in the area of commercialization of cyclodextrin applications. CDs have applications in the areas of biotechnology, cosmetics, foodstuffs, pharmaceuticals, and toxic waste treatment, among others. With 53.12 million shares outstanding and an undisclosed short position, there is no longer a failure to deliver in shares of EEGI. According to quarterly data provided by the SEC, there were still 20,063 shares of EEGI that were failing-to-deliver as of September 19, 2007.
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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 1,950,000,000 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.
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