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Sunday, October 01, 2006 4:19:33 PM
Summus Works, Inc. Announces Updated Buyins.net Short Sale Statistics
DENVER, CO, Aug 16, 2006 (MARKET WIRE via COMTEX) -- Summus Works, Inc. (PINKSHEETS: SMMW) and Buyins.net announced the following updated coverage of SMMW trade statistics by Buyins.net after releasing the latest short sale data to August 2006. Previous releases under-reported the total trade volume and approximate total short volume due to statistical deficiencies involving massive amounts of SMMW trade data. From January 2005 to August 2006 approximately 121.46 billion total aggregate shares of SMMW have traded for a total dollar value of nearly $17.55 million. The total aggregate number of shares shorted in this time period is approximately 9.35 billion shares.
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