They could hire these guys next.
EZ2 Companies.com, Inc. Hires Buyins.net to Combat Naked Short Selling
Friday November 18, 2:07 pm ET
MIAMI--(BUSINESS WIRE)--Nov. 18, 2005--EZ2 Companies, Inc. (OTCBB:EZTO - News), announced the hiring of California based Buyins.net to combat the short selling of EZTO stock.
EZ2Companies.com, Inc. has subscribed to a service that will "expose" all naked short positions in its stock on a monthly basis. The Company will publish this list on its web site and issue a Press Release disclosing full details contained in that monthly report. EZ2Companies.com, Inc. is now determined to attack those who are involved in the illegal naked short selling of its stock and will publish the first report Monday, November 21st 2005 on the company's website.
In addition, the company has given final notice to the Berlin Exchange to be immediately removed.
Even though the NASD and SEC have regulations that govern the legal short selling of stocks, there are countless loopholes that onshore and offshore institutions use to relentlessly attack US companies. This illegal activity is called "naked short" selling.
"The naked shorting of EZTO stocks has been a problem all year," said Otto Bethlen, CEO of EZ2Companies.com. "We are very pleased to have an ally in Buyins.net to help us fight the naked short selling of EZTO. We have confirmation now that there is a substantial amount of naked short position in our stock and have taken necessary steps to correct this. We will do `everything' in our power to prosecute and bring to justice individuals or institutions that have participated in this practice."
Buyins.net is a service designed to combat short selling and naked short selling in US stocks. They track all short sale time/sale activity, then using proprietary SqueezeTrigger Reports, alert investors and prospective investors to the exact price that a short squeeze will start. This not only serves as a method to combat existing short sellers but as a deterrent to future naked short selling in shares of EZTO. This data has never before been available in the US. Prior to January 1, 2005, the SEC restricted stock exchanges from releasing it. This restriction has now been lifted.
EZ2 Companies, Inc. (OTCBB:EZTO - News)
EZ2 Companies, Inc. is a provider of Internet based services to its clients, ranging from dating and relationship services, auctions, streaming movies, rental services, internet search and national mortgage services. The Company operates several Internet portals: EZ2Auction.com, EZ2Ask.com, EZ2Stream.com, EZ2Swing.com, EZ2Date.com, EZ2Mortgage.com, EZ2Escrow.com, EZ2Movies.com, EZ2bAnywhere.com and EZ2Vacation.com. The offerings are focused on building traffic and allowing targeted permission based, opt-in email solicitation to users to co-brand products.
Forward-Looking Statements
Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management, increased government regulation or the company's failure to integrate its acquired companies to achieve the synergies and efficiencies described in the "Management's Discussion and Analysis" section of the Company's Form 10-KSB and other reports and filings with the Securities and Exchange Commission, which may be revised or supplemented in subsequent reports on SEC Forms 10-QSB and 8-K.
Contact:
EZ2 Companies, Inc., Miami
Paul Vizard, 888-409-3500
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Source: EZ2 Companies, Inc.
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