Water Technologies International Inc (WTII)

[Renee]

On May 23rd Orlando stated " Many people have reported speculation that there is a substantial short position on LTDI based on the unusual trading patterns that the market has seen recently . We would like to reaffirm that the share structure has not changed as stated in the May 16, 2008 press release and we have initiated serious measures to understand and correct this ."

http://biz.yahoo.com/iw/080523/0400409.html

Possibly there does exist a substantial Fail To Deliver ( a.k.a. naked short shares / NSS ) in LTDI , and subsequent to the SEC's commitment to " curtail short selling in all companies , not just a select few " , it is then possible the MM's may be capitalizing on the apparent capitulation of retail shareholders
by covering their FTD's in the .0001's & 2's .

http://www.bloomberg.com/apps/news?pid=20601087&sid=a754hMpneMR8&refer=home

However , since I adhere that the MM's are gods who do whatever they want with impunity on the Pink Sheets / OTC , it is not likely that they will ever cover FTD's on the OTCBB and OTC until they absolutely must . Thus , the high volumes of shares traded in the last three days MAY be persons who are loading up in anticipation of material event news that should take LTDI's PPS higher .

Udder-dan-dat , it is perplexing to see the volumes so high without any upward share price appreciation .

Renee