MetAlert Inc (MLRT)

[ICEQUITY]

GTXO - NEW SHORT SALE RULES
DEAR IR :

Buyins.net has spent years lobbying, building technology and communicating with you about illegal short selling, naked short selling, failures to deliver and market maker manipulation in shares of GTXO . We have seen several laws passed as a result of our efforts:

1. Regulation SHO
2. Fair Market Making Requirement

Starting TODAY the regulatory agencies are ENFORCING both Regulation SHO and the Fair Market Making Requirement simultaneously. We have waited a long time for this! Our technologies that monitor all of this are:

1. Naked Short List Tracking System
2. Total Shares Shorted 12 Trade Reporting Facility Aggregated Daily Short Volume Database
3. Friction Factor Fair Market Making Compliance Surveillance System
4. SqueezeTrigger Volume Weighted Average Price of Short Sellers' Position Report

When combined with the new enforcement rules you see below which start MONDAY, FEBRUARY 28th, 2011, our service has become more valuable and more timely than ever before. Read what starts now:
http://www.finra.org/Industry/Regulation/RuleFilings/2010/P121892?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+FINRARuleFilings+(FINRA+Rule+Filings

There are 3 new laws gaining attention in the NSS market reform arena: FINRA 4320 goes into effect on 2/28/11. It mandates 13 day buy-ins for open delivery failures FINALLY applying to shares of non-reporting corporations. FINRA 2010-043, also starting on 2/28/11 reinstates the “short sale exempt” (SSE) marking requirements for trade reporting and the OATS system. Those MMs accessing the bona fide MM exemption from executing pre-borrows or “locates” before admittedly naked short sales must now FORMALLY acknowledge the accessing of that universally-abused exemption. Being that these trades are theoretically being made to “inject liquidity” then the excuse to hide the related trade data from the public’s eyes goes out the window. You can’t have it both ways and claim the bona fide MM exemption and later claim that the related trade data needs to be kept secret because it might reveal a “proprietary trading strategy”.
Truly bona fide MMs that are able to legally access that universally-abused exemption cover their naked short position on the next downtick after their short sale when buy side liquidity is in need of being ejected as share prices fall. The 3rd new rule which is in effect now states that the offers and bids that MMs post must be of approximately the same size. No longer can the offers be of 1 million shares and the offsetting bid good for the minimum 5,000 shares.

The verbiage in 4320 is especially well done as it FINALLY puts the clearing firms that aid and abet this crime wave on the spot. With the FFETF, which is made up of 25 different agencies, now on the scene the transparency has increased markedly. You can imagine how critical the lack of transparency is to a crime involving selling nonexistent securities and then refusing to ever deliver that which you sold AFTER being allowed access to the funds of the investor being defrauded.

Here are the links to the rules SR-FINRA-2010-028 and SR-FINRA-2010-043:
http://www.finra.org/Industry/Regulation/RuleFilings/2010/P121522

Notice this:

"FINRA 4320 goes into effect on 2/28/11. It mandates 13 day buy-ins for open delivery failures FINALLY applying to shares of non-reporting corporations."


And if for any reason you still question the power of Buyins.net technology and the true value proposition it offers GTXO every hour of every trading day, click the link here to see in realtime how we are doing:

http://www.buyins.net/tools/performance.php


We finally accomplished what we set out 15 years ago to do. Keep trading fair, monitor short selling and market making and alert when violations occur, make our findings public so the regulators see what is happening and automate everything so that our system never gets tired and keeps the pressure on violators 24/7. Market Integrity is what establishes confidence in trading on US exchanges and we will continue to expose every loophole so that FINRA and SEC can plug them up.

Sincerely,

Tom Ronk
[e-mail]
800-715-9999