CONTINENTAL BEVERAGE (COBN)

[tk2007]

what does the news below mean ? is it good or bad news to COBN ?
i'm just a beginner ... please advice ...

BUYINS.NET: AGLT, COBN Have Also Been Added To Naked Short List Today
Wednesday 08/15/2007 10:24 AM ET - M2

BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: Angel Telecom Corp. (OTC: AGLT), Continental Beverage and Nutrition Inc. (OTC: COBN). 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.

Angel Telecom Corp. (OTC: AGLT) owns and operates ATTrade , an online professional trading platform for Voice over IP ("VOIP") traffic. ATTrade runs on the Company's proprietary software, which addresses the needs of the wholesale VOIP market. In operation continuously since September, 2006, it is utilized by nearly 100 carriers and traders. With 200 shares declared short as of July 2007, there is a failure to deliver in shares of AGLT.

Continental Beverage and Nutrition Inc. (OTC: COBN) does not have significant operations. It intends to acquire operating business entities through merger. Previously, the company engaged in the development of primary water source, and extraction, distribution, and contract private label natural water from its mountain stream and spring fed reservoir in both bulk and bottled forms in the northeastern United States. The company was founded in 2004 and is based in Garden City, New York. With 26.75 million shares outstanding and 2,400 shares declared short as of July 2007, there is a failure to deliver in shares of COBN.

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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 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 1,500,000,000 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.

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