MetAlert Inc (MLRT)

[ICEQUITY]

Over 50% Short interest for GTXO the week before.
20110218|GTXO|111247|182900|O
20110217|GTXO|57720|100620|O
20110216|GTXO|3000|58581|O
20110215|GTXO|40000|45750|O
20110214|GTXO|25000|85101|O

MMs are out of shares with very low volume. Total shares traded 472,952
short interest 236,967 roughly 50% short interest...

Historical Prices
Date Open High Low Close Volume Adj
Close
2011/02/21 0.067 0.067 0.00010 0.063 182,900 0.063
2011/02/18 0.067 0.075 0.060 0.063 182,900 0.063
2011/02/17 0.067 0.067 0.058 0.065 100,620 0.065
2011/02/16 0.064 0.065 0.055 0.055 58,581 0.055
2011/02/15 0.067 0.067 0.055 0.064 45,750 0.064
2011/02/14 0.055 0.065 0.055 0.065 85,101 0.065
2011/02/11 0.063 0.063 0.063 0.063 29,592 0.063
2011/02/10 0.055 0.068 0.055 0.061 74,041 0.061 MMs Out of shares
2011/02/09 0.054 0.070 0.054 0.068 357,423 0.068

MMs covered their shorts last week, due to the new rule changes.

IMO - MMs are going long.

GTXO was taken "off" the Reg Sho List.

I found this on equityhive.....
GTXO
Calculated values
Value of operating assets:($145.92) million
Cash:$706.87 thousand

http://www.equityhive.com/Main/Company/Valuation/MainForm.aspx?s=10626&t=2
http://www.equityhive.com/Main/Company/Insiders.aspx?s=10626&t=2

GTXO CEO Patrick Bertagna will be speak to a room full of investors in Boca Raton, this week. Long term investors are the type of investors GTXO is looking for. Remember Investors must be marketed almost as much as customers do.... Best of both worlds being a public company isn't it?

Undiscovered Equities Winter Conference
March 2nd and 3rd, 2011

Discover Tomorrow's Billion Dollar Company...Today!™
Wednesday March 2nd, 2011

He will be discussing GTXO's position in an emerging 13 billion dollar market with a $100 million in contracts, plus GTXO's IP and distribution channels. Looks like the next few weeks for GTXO should be a good one!

I had emailed him a few questions about transparency in GTXO short interest, and the outlook for the future of GPS being used by so many social platforms.

He responded....

"Transparency- we agree 100%"

"GPS is starting to become ubiquitous- we have been saying this for years that “GPS will touch all of our daily lives, very much like cell phones and the internet does now.”

You can find the daily short interest numbers at my Daily Finra Short Interest Board - Think''SHO''Tank
http://investorshub.advfn.com/boards/board.aspx?board_id=17187