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Monday, March 26, 2007 7:45:31 AM
BUYINS.NET: TGLO, UFEN, ZROS, FCCN Have Also Been Added To Naked Short List Today
3/26/2007
Mar 26, 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: theglobe.com, inc. (OTCBB: TGLO), United Fuel & Energy Corporation (OTCBB: UFEN), Zeros & Ones Inc (OTCBB: ZROS), Franchise Capital Corporation (OTC: FCCN). 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.
theglobe.com, inc. (OTCBB: TGLO) and subsidiaries provide voice over Internet protocol (VoIP) telephony services, computer games, and Internet services. It offers Voice over Internet Protocol telephony services, which refer to a category of hardware and software that enables people to use the Internet to make phone calls. The company also publishes Computer Games magazine, a consumer print magazine for personal computer gamers; operates CGOnline Web site, which is a source of free computer games news and information featuring news, reviews, and previews. theglobe was founded in 1995 and is headquartered in Fort Lauderdale, Florida. With 174.76 million shares outstanding and 101,716 shares declared short as of February 2007, there is a failure to deliver in shares of TGLO.
United Fuel & Energy Corporation (OTCBB: UFEN) engages in the distribution and sale of fuels and lubricants in Texas, eastern New Mexico, and southeast Oklahoma, the United States. It also engages in the sale of gasoline and diesel fuel through unattended refueling stations, or card lock' sites to commercial vehicles and fleets; wholesale distribution of fuels and lubricants to industrial and commercial customers; and sale of propane to residential and commercial customers. The company sells its products, including credit sales, through bulk plants, unattended self-serve stations, and attended service stations. As of December 31, 2005, it operated through 83 public and private card lock sites and 17 branch offices. United Fuel & Energy Corporation is headquartered in Midland, Texas. With 13.66 million shares outstanding and 262 shares declared short as of February 2007, there is a failure to deliver in shares of UFEN.
Zeros & Ones Inc (OTCBB: ZROS) through its subsidiary, RocketStream Holding Corporation, develops packet delivery technologies designed for IP-centric applications. It provides its technologies for the delivery of video, audio, and groupware chat, as well as bi-directional voice over IP facilities, and a solution for file transfer and media delivery over IP network. The company delivers platforms, integrated solutions, and technologies to serve the military, telecommunications, and entertainment industries. Zeros & Ones is based in Los Angeles, California. With 104.04 million shares outstanding and 8,445 shares declared short as of February 2007, there is a failure to deliver in shares of ZROS.
Franchise Capital Corporation (OTC: FCCN) a business development company, provides long-term debt and equity investment capital to support the expansion of companies in the casual, fast food restaurant industry. It invests in private and small to middle market companies that lack access to public capital. The company's investment portfolio primarily consists of equity investments in companies, which may or may not constitute a controlling equity interest. Franchise Capital was formed in 2001 under the name of Cortex Systems, Inc. and changed its name to BGR Corporation in 2003. Further, the name was changed to Franchise Capital Corporation in December 2004. The company is headquartered in Phoenix, Arizona. With 71.56 million shares outstanding and 649,525 shares declared short as of February 2007, there is a failure to deliver in shares of FCCN.
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 1,250,000,000 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 Tel: +1 800 715 9999 e-mail: Tom@buyins.net WWW: http://www.buyins.net
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
(C)1994-2007 M2 COMMUNICATIONS LTD
3/26/2007
Mar 26, 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: theglobe.com, inc. (OTCBB: TGLO), United Fuel & Energy Corporation (OTCBB: UFEN), Zeros & Ones Inc (OTCBB: ZROS), Franchise Capital Corporation (OTC: FCCN). 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.
theglobe.com, inc. (OTCBB: TGLO) and subsidiaries provide voice over Internet protocol (VoIP) telephony services, computer games, and Internet services. It offers Voice over Internet Protocol telephony services, which refer to a category of hardware and software that enables people to use the Internet to make phone calls. The company also publishes Computer Games magazine, a consumer print magazine for personal computer gamers; operates CGOnline Web site, which is a source of free computer games news and information featuring news, reviews, and previews. theglobe was founded in 1995 and is headquartered in Fort Lauderdale, Florida. With 174.76 million shares outstanding and 101,716 shares declared short as of February 2007, there is a failure to deliver in shares of TGLO.
United Fuel & Energy Corporation (OTCBB: UFEN) engages in the distribution and sale of fuels and lubricants in Texas, eastern New Mexico, and southeast Oklahoma, the United States. It also engages in the sale of gasoline and diesel fuel through unattended refueling stations, or card lock' sites to commercial vehicles and fleets; wholesale distribution of fuels and lubricants to industrial and commercial customers; and sale of propane to residential and commercial customers. The company sells its products, including credit sales, through bulk plants, unattended self-serve stations, and attended service stations. As of December 31, 2005, it operated through 83 public and private card lock sites and 17 branch offices. United Fuel & Energy Corporation is headquartered in Midland, Texas. With 13.66 million shares outstanding and 262 shares declared short as of February 2007, there is a failure to deliver in shares of UFEN.
Zeros & Ones Inc (OTCBB: ZROS) through its subsidiary, RocketStream Holding Corporation, develops packet delivery technologies designed for IP-centric applications. It provides its technologies for the delivery of video, audio, and groupware chat, as well as bi-directional voice over IP facilities, and a solution for file transfer and media delivery over IP network. The company delivers platforms, integrated solutions, and technologies to serve the military, telecommunications, and entertainment industries. Zeros & Ones is based in Los Angeles, California. With 104.04 million shares outstanding and 8,445 shares declared short as of February 2007, there is a failure to deliver in shares of ZROS.
Franchise Capital Corporation (OTC: FCCN) a business development company, provides long-term debt and equity investment capital to support the expansion of companies in the casual, fast food restaurant industry. It invests in private and small to middle market companies that lack access to public capital. The company's investment portfolio primarily consists of equity investments in companies, which may or may not constitute a controlling equity interest. Franchise Capital was formed in 2001 under the name of Cortex Systems, Inc. and changed its name to BGR Corporation in 2003. Further, the name was changed to Franchise Capital Corporation in December 2004. The company is headquartered in Phoenix, Arizona. With 71.56 million shares outstanding and 649,525 shares declared short as of February 2007, there is a failure to deliver in shares of FCCN.
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 1,250,000,000 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 Tel: +1 800 715 9999 e-mail: Tom@buyins.net WWW: http://www.buyins.net
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
(C)1994-2007 M2 COMMUNICATIONS LTD
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