New Colombia Resources Inc fka NEWC

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BUYINS.NET: EMMS, FRNT, CGSY, RSFF, VSUS Have Also Been Added To Naked Short List Today

Thursday , February 21, 2008 09:18ET

Feb 21, 2008 (M2 PRESSWIRE via COMTEX) -- BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: Emmis Communications Corp. (NASDAQ: EMMS), Frontier Airlines Holdings Inc. (NASDAQ: FRNT), Capital Growth Systems Inc. (OTCBB: CGSY), Resolve Staffing Inc. (OTCBB: RSFF), VSUS Technologies Inc. (OTC: VSUS). 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.

Emmis Communications Corp. (NASDAQ: EMMS) a diversified media company, engages in radio broadcasting and magazine publishing primarily in the United States. As of February 28, 2007, the company owned and operated 7 FM radio stations serving New York, Los Angeles, and Chicago, as well as 14 FM and 2 AM radio stations in Phoenix, St. Louis, Austin, Indianapolis, and Terre Haute. It also owns and operates a network of radio stations in the Flanders region of Belgium, owns a national radio network in Slovakia, as well as holds a 59.5% interest in a national radio station in Hungary, and 60% interest in two national radio networks in Bulgaria. The company's publishing operations consist of Texas Monthly, Los Angeles, Atlanta, Indianapolis Monthly, Cincinnati, Tu Ciudad, and Country Sampler and related magazines. It also engages in various broadcasting business, such as consulting, broadcast tower leasing, and operating a news information radio network in Indiana. The company was founded in 1981 and is headquartered in Indianapolis, Indiana. With 35.56 million shares outstanding and 5.33 million shares declared short as of January 2008, there is a failure to deliver in shares of EMMS. According to quarterly data provided by the SEC, there were still 26,823 shares of EMMS that were failing-to-deliver as of September 28, 2007.

Frontier Airlines Holdings Inc. (NASDAQ: FRNT) through its subsidiaries, provides air transportation for passengers and freight. The company operates jet service carriers linking from its Denver, Colorado hub to 46 cities coast-to-coast, 8 cities in Mexico, and 1 city in Canada, as well as provides service from other non-hub cities, including service from 10 non-hub cities to Mexico. As of May 18, 2007 it operated 59 jets, including 49 Airbus A319s and 10 Airbus A318s. The company was founded in 1994 and is headquartered in Denver, Colorado. With 36.64 million shares outstanding and 9.04 million shares declared short as of January 2008, there is a failure to deliver in shares of FRNT. According to quarterly data provided by the SEC, there were still 13,296 shares of FRNT that were failing-to-deliver as of September 28, 2007.

Capital Growth Systems Inc. (OTCBB: CGSY) doing business as Global Capacity Group, Inc., delivers telecom integration services to systems integrators, telecommunications companies, and enterprise customers worldwide. It provides an integrated supply chain management system that streamlines and accelerates the process of designing, building, and managing customized communications networks. The company also provides connectivity services for network integrators who bundle telecommunication solutions to enterprise customers; offers global pricing and quotation software and management services for data communications; and assists customers to reduce connectivity costs and attain understanding and control of their deployed communications network. In addition, the company manages data replication and business continuity environments for multinational corporations and health care institutions. Capital Growth Systems is based in Chicago, Illinois. With 72.29 million shares outstanding and 20,100 shares declared short as of January 2008, there is a failure to deliver in shares of CGSY.

Resolve Staffing Inc. (OTCBB: RSFF) provides outsourced human resource services in the United States. The company offers a range of supplemental staffing and outsourced solutions, including professional employer organization services and solutions for temporary, temporary-to-hire, or direct hire staffing in the medical, truck driver, clerical, office administration, customer service, professional, and light industrial categories. The company also provides various other services, such as screening, recruiting, training, workforce deployment, loss prevention and safety training, pre-employment testing and assessment, background searches, compensation program design, customized personnel management reports, job profiling, description, application, turnover tracking and analysis, drug testing policy administration, affirmative action plans, opinion surveys and follow-up analysis, exit interviews and follow-up analysis, and management development skills workshops. In addition, it provides payroll administration services, and aggregation of statutory and non statutory employee benefits services. The company is headquartered in Cincinnati, Ohio. With 19.43 million shares outstanding and 7,400 shares declared short as of January 2008, there is a failure to deliver in shares of RSFF.

VSUS Technologies Inc. (OTC: VSUS) a development stage company, provides information technology products and services primarily in the United States. The company, through its wholly owned subsidiaries, engages in development, marketing, and sale of messaging systems and content management solutions, which enable business to be conducted via the Internet in a secure environment. It provides its users with an Intranet system that develops e-mail, document storage, and instant messaging applications by delivering them via a secure network to end-users either at their desktops to their fax machines, on the road to their mobile phone, or other wireless device by short message service or multimedia messaging service. The company also provides a platform for companies and other associations to share documents, presentations, press releases, and critical information with their clients and employees. Its products include www.myonescreen.com, which performs day to day computing tasks on one application; PRO PTC, a solution for publicly traded corporation to operate a day to day business and to be compliant under the rules; and Unified USA-DIALUP ISP, for user who wants to get their email and stock quotes, who do not have DSL or cable. VSUS Technologies is based in Boca Raton, Florida. With 51.31 million shares outstanding and 300 shares declared short as of January 2008, there is a failure to deliver in shares of VSUS. According to quarterly data provided by the SEC, there were still 10,660 shares of VSUS that were failing-to-deliver as of August 7, 2007.

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 1,800,000,000 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, BUYINS.NET Tel: [phone] e-mail: [e-mail] 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 [e-mail].

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