Hello Jim do you thing it has to do with that?:
BUYINS.NET: VAPH, KLNDF Have Also Been Added To Naked Short List Today
FRIDAY , JUNE 08, 2007 09:23 AM
Jun 08, 2007 (M2 PRESSWIRE via COMTEX) -- BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: Vaso Active Pharmaceuticals Inc. (OTCBB: VAPH), Klondex Mines Ltd. (OTC: KLNDF). 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.
Vaso Active Pharmaceuticals Inc. (OTCBB: VAPH) engages in the commercialization, marketing, and sale of over the counter (OTC) pharmaceutical products that incorporate the vaso active lipid encapsulated technology or a proprietary PENtoCORE technology. Its products include Osteon, an OTC external analgesic, designed to provide temporary relief from the muscular skeletal pain associated with arthritis; A-R Extreme, an OTC external analgesic, designed to provide temporary relief from the muscle and joint pain associated with athletic activity; Termin8, an OTC antifungal lotion designed to treat athlete's foot fungal infections; and RepiDerm, for the treatment of acne. In addition, the company is developing other products, including acne treatment, analgesic utilizing ibuprofen, first aid treatments, hand and body lotions, psoriasis treatment, and toenail fungus treatment. The company was founded in 2001 and is based in Danvers, Massachusetts. Vaso Active Pharmaceuticals, Inc. is a subsidiary of BioChemics, Inc. With 10.33 million shares outstanding and 119,600 shares declared short as of May 2007, there is a failure to deliver in shares of VAPH.
Klondex Mines Ltd. (OTC: KLNDF) is a gold exploration company focused on the development of its high-grade Fire Creek deposit where to date the Company has identified an Indicated Mineral Resource in excess of 1,000,000 ounces of gold (and some by-product) silver). Fire Creek is located in the Battle Mountain-Eureka Trend in the Northern Nevada Rift, in North Central Nevada, a region of prolific gold and silver production. The Company's property portfolio contains five gold exploration projects, all in Nevada. With 22.67 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of KLNDF.
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 1,400,000,000 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.
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, www.buyins.net Tel: +1 800 715 9999 e-mail: Tom@buyins.net
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