BAKERSFIELD, CA--(MARKET WIRE)--Jun 11, 2007 -- Extreme Motorsports of California, Inc. (Other OTC:ETMO.PK - News) announced today that BUYINS.NET, www.buyins.net, is initiating coverage of Extreme Motorsports of California after releasing the latest short sale data to June 2007. From September 2006 to June 2007 approximately 3.6 billion total aggregate shares of ETMO have traded for a total dollar value of nearly $13.3 million. The total aggregate number of shares shorted in this time period is approximately 279.9 million shares. The ETMO SqueezeTrigger price of $0.0037 is the volume weighted average short price of all short selling in ETMO. The first of several short squeezes is expected to begin when shares of ETMO close above $.0008, where approximately 62 million shares have been shorted. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.
Month Total Vol. Short Vol. Avg. Price Short $ Value ------------ ------------ ------------ ------------ ------------
September '06 871,728 67,123 $0.4300 $28,863 October 384,492 29,606 $0.1800 $5,329 November 2,586,923 199,193 $0.1200 $23,903 December 9,070,365 698,418 $0.0535 $37,365 January '07 28,699,086 2,209,830 $0.0102 $22,540 February 356,084,960 27,418,542 $0.0143 $392,085 March 771,139,328 59,377,728 $0.0046 $273,138 April 602,870,912 46,421,060 $0.0020 $92,842 May 1,056,046,208 81,315,558 $0.0012 $97,579 June 807,376,512 62,167,991 $0.0008 $49,734
* short volume is approximated using a proprietary algorithm. ** average short price is calculated using a volume weighted average short price. *** short volume is the total short trade volume and does not account for covers.
About Extreme Motorsports of California, Inc.
Extreme Motorsports of California, Inc. operating under the trade name "Xtreme Motorsports," is a manufacturer of custom and production-line sandrails, desert and dual sport racecars. Founded in 1983, Extreme's sandcars have been sold to customers in England, the United Arab Emirates, Australia, South America and the US. For more information, visit the corporate web site www.xmssandcars.com.
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