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BUYINS.NET: TC, IGPG, MODC, CPMIQ, EGFDF, JSHLY Have Been Added To Naked Short List Today

Oct 02, 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: Thompson Creek Metals Company Inc. (NYSE: TC), Ignis Petroleum Group Inc. (OTCBB: IGPG), Modern Technology Corp. (OTC: MODC), Complete Management Inc. (OTC: CPMIQ), European Goldfields Ltd. (OTC: EGFDF), Jardine Strategic Holdings Limited (OTC: JSHLY). 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.
Thompson Creek Metals Company Inc. (NYSE: TC) through its subsidiaries, engages in the acquisition, exploration, development, and operation of molybdenum properties in Canada and the United States. The company owns the Thompson Creek Mine in Idaho; a 75% interest in the Endako Mine, mill, and roasting facility in northern British Columbia; and a metallurgical roasting facility in Langeloth, Pennsylvania. It also holds interest in the Davidson Project near Smithers, British Columbia. The company produces primarily molybdenum products, including pure oxide, molybdic oxide, powder and briquettes, ferromolybdenum, and high purity molybdenum disulfide. It was formerly known as Blue Pearl Mining, Ltd. and changed its name to Thompson Creek Metals Company, Inc. in 2007. The company is headquartered in Toronto, Canada. With 125.05 million shares outstanding and 3 million shares declared short as of September 2008, there is a failure to deliver in shares of TC. According to quarterly data provided by the SEC, there were still 317,616 shares of TC that were failing-to-deliver as of May 16, 2008.

Ignis Petroleum Group Inc. (OTCBB: IGPG) engages in the exploration, development, and production of crude oil and natural gas properties in the United States onshore Gulf Coast region. The company primarily has a 25% working interest in the Acom A-6 Prospect located in Chambers County, Texas. It also holds a 12.5% working interest in the Barnett Shale Property covering three wells located in the Barnett Shale trend in Greater Fort Worth Basin, Texas. In addition, the company, through its joint venture, owns 45% of the interests in the acreage, oil and natural gas producing properties, and natural gas gathering and treating system located in the St. Jo Ridge Field in the North Texas Fort Worth Basin. Ignis Petroleum Group was founded in 2004 and is based in Plano, Texas. With 57.84 million shares outstanding and 321,300 shares declared short as of September 2008, there is a failure to deliver in shares of IGPG. According to quarterly data provided by the SEC, there were still 7,666,204 shares of IGPG that were failing-to-deliver as of May 29, 2008.

Modern Technology Corp. (OTC: MODC) supports private and public companies in the areas of business development, financing, product development, corporate strategy, corporate image and public relations, product distribution and marketing, and executive management consulting. The company, through its subsidiaries, also distributes audio and video solutions for home and mobile environments, including the HD-TV, Plasma TV, and LCD TV; and creates customized targeted online incentive programs, employee motivation campaigns, service award plans, and customer loyalty programs. The company was founded in 1982 and is based in Oxford, Mississippi. With 2.52 million shares outstanding and 1,300 shares declared short as of September 2008, there is a failure to deliver in shares of MODC. According to quarterly data provided by the SEC, there were still 503,529 shares of MODC that were failing-to-deliver as of August 16, 2007.

Complete Management Inc. (OTC: CPMIQ) provided physician practice management services to medical practices and hospitals, as of September 30, 1998. These services ranged from managing all non-medical aspects of its full service clients' businesses to providing limited, non-medical services to its partial service clients, such as billing and collection, transcription, and temporary staffing. With 15.02 million shares outstanding and 180,000 shares declared short as of September 2008, there is a failure to deliver in shares of CPMIQ. According to quarterly data provided by the SEC, there were still 39,970 shares of CPMIQ that were failing-to-deliver as of December 27, 2004.

European Goldfields Ltd. (OTC: EGFDF) together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Greece, Romania, and southeast Europe. It holds 95% interest in Hellas Gold S.A. that owns three gold and base metal deposits consisting of polymetallic operation at Stratoni, the Skouries copper/gold porphyry project, and the Olympias project containing gold, zinc, lead, and silver in northern Greece. The company also owns 80% interest in the Certej gold/silver project located in Romania. European Goldfields Limited was founded in 2000 and is based in Whitehorse, Canada. With 179.2 million shares outstanding and 627,300 shares declared short as of September 2008, there is a failure to deliver in shares of EGFDF. According to quarterly data provided by the SEC, there were still 800,001 shares of EGFDF that were failing-to-deliver as of October 11, 2005.

Jardine Strategic Holdings Limited (OTC: JSHLY) through its subsidiaries, engages in insurance broking, property investment and development, retailing, restaurants, hotels, financial services, and motor vehicles trading businesses. Its insurance broking business provides risk management, advisory, and employee benefit services. Jardine Strategic's property business comprises commercial and residential property development, and leasing and management; retailing business consists of the operation of supermarkets, hypermarkets, health and beauty stores, convenience stores, home furnishings stores, and restaurants; and hotel business includes operation of a portfolio of hotels and resorts worldwide. Its financial services business comprises provision of investment banking services, as well as consumer finance, such as automobile and motorcycle; and motor trading business includes manufacturing, assembling, trading, and distributing motor vehicles and components. The company also engages in engineering and construction, heavy machinery, transport services, mining contracting, agribusiness, and oil palm plantation businesses, as well as in the distribution of office automation products and information technology services. It has operations principally in Greater China, Southeast Asia, and the United Kingdom. The company is based in Hamilton, Bermuda. With 544.52 million shares outstanding and 200 shares declared short as of September 2008, there is a failure to deliver in shares of JSHLY. According to quarterly data provided by the SEC, there were still 17,793 shares of JSHLY that were failing-to-deliver as of July 1, 2005.

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 2,200,000,000 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. IGPG has previously paid a $995.00 data fee to BUYINS.NET. 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

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