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BUYINS.NET EPGL, SMKG
BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: EP Global Communications, Inc. (OTCBB: EPGL), Smart Card Marketing Systems Inc. (OTC: SMKG). 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.
EP Global Communications, Inc. through its subsidiary, publishes and distributes Exceptional Parent Magazine, an international publication. Its magazine is designed to serve the information needs of families and professionals involved in the care and development of children and adults with disabilities and special health care needs. The company also develops and implements online accredited continued medical education programs.
In addition, it owns a library of approximately 2,000 disability book titles, and publishes clinical monographs, which are disseminated to physicians, researchers, and allied health care professionals, as well as families and caregivers worldwide. The company is headquartered in Johnstown, Pennsylvania. With 182.00 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of EPGL.
Smart Card Marketing Systems Inc. (OTC: SMKG | charts | news | PowerRating) provides prepaid cards, value smart storage cards, and payment processing services. It offers GoSmartCard platform, a proprietary Internet-based platform that provides a medium for merchants and retailers to create programs for new and existing customers, as well as to collect purchasing data, such as brand loyalty, buying preferences, and personal account information. The company also offers VelocityMoney PIN-based debit card, a stored value re-loadable automated teller machine (ATM) card to make retail purchases, receive direct payroll deposits from their employer, withdraw cash at ATMs, and send money to family or friends.
In addition, it provides VelocityMerchant, an e-commerce site that provides merchants with various products and services, including cheque processing, clearing, and imaging direct to their corporate bank account; generic or private label prepaid MasterCard; instant issue re-loadable debit cards; activation, reloading, and fulfillment services; instant money transfers; accounts receivable management; data capture and conversion; claims/warranty processing; and technical contact centre support services.
Further, the company distributes various prepaid products and offers bill payment services for carriers. Smart Card Marketing Systems was founded in 2003 and is headquartered in San Antonio, Texas. With 33,000 shares outstanding and 100 shares declared short as of October 2007, there is a failure to deliver in shares of SMKG.
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 1,600,000,000 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.