Headliners Entertainment (fka HLEG)

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BUYINS.NET: HLEG Has Also Been Added To Naked Short List Today
Monday February 05, 2007 04:29:13 EST


Feb 05, 2007 (M2 PRESSWIRE via COMTEX News Network) --
BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: Headliners Entertainment Group, Inc. (OTCBB: HLEG). 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.

Headliners Entertainment Group, Inc. (OTCBB: HLEG) through its subsidiaries, engages in the ownership and operation of entertainment facilities. These facilities include comedy clubs, such as embedded and hotel-based comedy clubs; dance clubs; and media distribution facilities. The company also owns a library of comedic performances recorded in its clubs and licenses this library to distributors for replay or reprint. In addition, it operates six entertainment complexes that each comprises a dance club and other facilities in Cincinnati, Kansas City, Tucson, Jackson, Louisville, and Omaha. The company was founded in 1983. Headliners Entertainment was formerly known as Rascals International, Inc. and changed its name to Headliners Entertainment Group, Inc. in 2004. The company is based in Montclair, New Jersey. With 15.4 million shares outstanding and 1,854 shares declared short as of December 2006, there is a failure to deliver in shares of HLEG.

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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