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ILCO removed from Naked Short List


ILCO -- Innotelco Inc.
Com (No Par)

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
BUYINS.NET: WSSI, CKRH, DMED, GACF, ILCO, NVAO Have Also Been Removed From Naked Short List Today

Jun 15, 2006 (M2 PRESSWIRE via COMTEX) -- www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold list: WebSideStory, Inc. (NASDAQ: WSSI), Ckrush, Inc. (OTCBB: CKRH), Diametrics Medical, Inc. (OTCBB: DMED), Global Aircraft Solutions, Inc. (OTCBB: GACF), INNOTELCO, Inc. (OTC: ILCO), Nova Oil, Inc. (OTCBB: NVAO). 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.

WebSideStory, Inc. (NASDAQ: WSSI) provides on-demand and in-house digital marketing and customer analysis solutions. It offers HBX On-Demand Web Analytics service that collects, processes, stores, and reports on Internet user behavior- based on browser activity; WebSideStory Search that delivers search results to visitors of its customers' Web sites; WebSideStory Publish, which publishes Web content management application; WebSideStory Bid that enables search engine marketers to manage pay-per-click bids from a easy-to-use interface. The company also provides Visual Site, which provides visibility into Internet channel campaigns, sites, visitors, and segments; Visual Call that provides visibility into voice channel systems, customers, and segments; and Visual Mail, which provides visibility into email channel content, customers, and segments. In addition, it offers HBX DataFeed that allows to combine on-demand Web analytics with in-house data applications; HitBox Professional, a Web analytics application for small and medium-sized businesses that need Web analytics services; and Express Search for the right to display text advertisements in the search results on its customers' Web sites. The company offers its services to sports and entertainment, news, retail, finance, travel, technology, manufacturing, telecommunications, and education sectors. WebSideStory was founded in 1996 and is headquartered in San Diego, California. With 19.81 million shares outstanding and 2.13 million shares declared short as of May 2006, there is no longer a failure to deliver in shares of WSSI.

Ckrush, Inc. (OTCBB: CKRH) primarily produces entertainment and sports content for distribution to various media platforms in the United States. It focuses on the development and production of films that appeal to the teen and young adult demographic. The company operates through two segments, Sports Entertainment and Media Entertainment. The Sports Entertainment segment produces boxing events and promotes professional boxers. The Media Entertainment segment involves in various projects, including production or coproduction of feature films, digital versatile disk titles, television programming, and other similar products for pay-per-view, video-on-demand, and international markets, as well as offers televised sports events. The company was incorporated in 1996. It was formerly known as Cedric Kushner Promotions, Inc. and changed its name to Ckrush, Inc. in 2005. Ckrush is headquartered in New York City. With 71.35 million shares outstanding and an undisclosed short position, there is no longer a failure to deliver in shares of CKRH.

Diametrics Medical, Inc. (OTCBB: DMED) does not have significant operations. It seeks to acquire or merge with another business entity. Previously, the company was engaged in the development, production, and distribution of continuous blood and tissue monitoring products. Diametrics Medical was incorporated in 1990 and is based in Culver City, California. With 35.42 million shares outstanding and an undisclosed short position, there is no longer a failure to deliver in shares of DMED.

Global Aircraft Solutions, Inc. (OTCBB: GACF) through its subsidiaries, provides aircraft maintenance, repair, and overhaul (MRO) services to commercial aircraft, scheduled and charter airlines, and aviation leasing companies. The company provides MRO services for airframe components, including fairing panels, nacelle systems, and exhaust systems. Its modification services include passenger to cargo conversions, engine noise suppression, power plant retrofits, and avionics upgrades in navigation, communication, and digital technology. Global Aircraft Solutions also provides interior replacement and refurbishment services, as well as various custom seating arrangements. In addition, the company offers refinishing, painting, and return-to-service maintenance; and various related services, such as commercial aircraft prepurchase inspection and appraisal services, postpurchase configuration, maintenance and operational program development, postcontract and postlease condition assessment, commercial aircraft accident assessment and recovery, flight line maintenance, termination of lease recovery, and aircraft storage and storage maintenance. Further, it sells and brokers the sale of aircraft parts, airframe components, engines and engine materials, including expendables, rotables, and consumables. Global Aircraft Solutions was incorporated in 1989 and is based in Tucson, Arizona. With 38.73 million shares outstanding and an undisclosed short position, there is no longer a failure to deliver in shares of GACF.

INNOTELCO, Inc. (OTC: ILCO) is a telecom hardware supplier, specializing in servicing emerging markets looking to expand their telecommunications networks. INNOTELCO products range from indoor and outdoor coaxial cables and accessories to fibre optics and switching equipment. With 2.26 million shares outstanding and an undisclosed short position, there is no longer a failure to deliver in shares of ILCO.

Nova Oil, Inc. (OTCBB: NVAO) an energy company, engages in synthesizing and distributing renewable fuel products. It focuses on the construction and operation of biodiesel refineries with production capacity of approximately 300 million gallons of fuel on an annual basis. The company intends to construct 7 biodiesel refineries ranging from 20 million to 50 million gallons per year. The refineries would utilize the company's proprietary, patented process technology, which enables the use of various feedstocks. Nova Oil was incorporated in 2003 and is headquartered in Houston, Texas. With 70.39 million shares outstanding and an undisclosed short position, there is no longer a failure to deliver in shares of NVAO.

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 800,000,000 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: [phone] e-mail: [e-mail]

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As of Sunday, 06-11-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated a DOWNTREND on 05-12-2006 for WSSI @ $14.52.

(C) 2006 Comtex News Network, Inc. All rights reserved.