Safeplus International Holdings Ltd. (ACAI)

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BUYINS.NET: BIPH, ATDVF, GNLAF, VSTL, NILSY, SCGLY Have Also Been Removed From Naked Short List Today
Tuesday October 07, 2008 09:52:13 EDT
Oct 07, 2008 (M2 PRESSWIRE via COMTEX News Network) --
BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold list: Biophan Technologies Inc (OTCBB:BIPH), Austin Developments Corp. (OTC:ATDVF), Genesis Land Development Corp. (OTC:GNLAF), Vistula Communications Services Inc. (OTC: VSTL), GMK Noril'skiy nikel' OAO (OTC:NILSY), Societe Generale France Sponsored ADR (OTC:SCGLY). 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.

Biophan Technologies Inc (OTCBB:BIPH) through its subsidiaries, engages in the research and development of technologies for use with medical procedures and biomedical devices. Its technologies enable biomedical devices, both implantable and those used in diagnostic and interventional procedures, to be safe and image compatible with magnetic resonance imaging (MRI). The company is also developing and marketing a system for generating power for implantable devices from body heat; and a series of implantable devices, including MRI-visible vascular implants, such as a vena cava filter, a heart valve, and an occluder for the treatment of atrial septal defects, a hole in the wall separating the left and right chambers of the heart. In addition, Biophan Technologies, through its interest in Myotech, LLC, develops the MYO-VAD, a cardiac assist device for treating multiple types of acute and chronic heart failure, including congestive heart failure and sudden cardiac arrest. It also licenses its technologies to Boston Scientific. The company was founded in 1963 and is headquartered in Pittsford, New York. With 134.04 million shares outstanding and 180,900 shares declared short as of September 2008, there is no longer a failure to deliver in shares of BIPH. According to quarterly data provided by the SEC, there were still 1,745,035 shares of BIPH that were failing-to-deliver as of June 5, 2008.
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