downriver
17 years ago
Yesterday's News:
BUYINS.NET: EORIF, DLII, ORMT, TOUS, DWAHY, HOWWY Have Also Been Removed From Naked Short List Today
Apr 07, 2008 (M2 PRESSWIRE via COMTEX) -- BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold list: Enhanced Oil Resources, Inc. (OTC: EORIF), Dixie Lee International Industries Inc. (OTC: DLII), Ormet Corp (OTC: ORMT), TOUSA Inc (OTC: TOUS), Daiwa House Ind Ltd (OTC: DWAHY), Hopewell Holdings Ltd (OTC: HOWWY). 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.
Enhanced Oil Resources, Inc. (OTC: EORIF) engages in the exploration, development, and production of helium and carbon dioxide project in eastern Arizona and western New Mexico. It controls approximately 200,000 acres of land in Arizona and New Mexico. Enhanced Oil Resources primarily operates in Canada and the United States. The company was founded in 1980. It was formerly known as Ridgeway Petroleum Corp. and changed its name to Enhanced Oil Resources, Inc. in June 2007. The company is based in Houston, Texas. With 105.0 million shares outstanding and an undisclosed short position, there is no longer a failure to deliver in shares of EORIF. According to quarterly data provided by the SEC, there were still 48,676 shares of EORIF that were failing-to-deliver as of September 28, 2007.
Dixie Lee International Industries Inc. (OTC: DLII) operates as a franchisor and trademark holder of Dixie Lee Restaurants, located primarily in eastern Canada. The company operates approximately 100 restaurants. It also intends to offer their franchises in the United States under the Dixie Lee Diner' banner and offer master franchise developments in Europe, the Middle East, and Asian markets, including mainland China. The company was founded in 1964 and is based in Napanee, Canada. With 39.1 million shares outstanding and 65,500 shares declared short as of March 2008, there is no longer a failure to deliver in shares of DLII.
Ormet Corp (OTC: ORMT) engages in the production and supply of aluminum products in the United States. It offers prime metal, extrusion billet, alumina, sheet, and tread products. The company also operates Burnside Bulk Marine Terminal, a water port that provides import and export services for various dry bulk materials, including coal, coke, ores, cement, fertilizers, and minerals. In addition, it operates a recycling facility that tolls aluminum scraps, as well as recycles various waste stream materials from aluminum producing facilities. Ormet Corporation was founded in 1956 and is headquartered in Canonsburg, Pennsylvania. The company also has offices in Hannibal, Ohio; Darrow and Burnside, Louisiana; Friendly, West Virginia; and Terre Haute, Indiana. With 100,000 shares declared short as of March 2008, there is no longer a failure to deliver in shares of ORMT. According to quarterly data provided by the SEC, there were still 15,600 shares of ORMT that were failing-to-deliver as of August 1, 2007.
TOUSA Inc (OTC: TOUS) through its subsidiaries, designs, builds, and markets single-family residences, town homes, and condominiums in the United States. The company markets its homes under the Engle Homes brand name in Florida, the Mid-Atlantic, and the western part of United States; under the Newmark Homes brand name in Texas and in Nashville, Tennessee; and under the Trophy Homes brand name to the first-time homebuyers, primarily in Texas. It markets its homes to various homebuyers, including first-time homebuyers, move-up homebuyers, homebuyers who are relocating to a new city or state, buyers of second or vacation homes, active-adult homebuyers, and homebuyers with grown children who want a smaller home. TOUSA also provides various financial services, including mortgage financing to qualified buyers, title insurance and settlement services, and property and casualty insurance products. It markets homes directly, as well as through commissioned sales personnel and independent real estate brokers. The company was founded in 1983 as Newmark Homes Corp and changed its name to Technical Olympic USA, Inc. in June 2002 and then to TOUSA, Inc. in May 2007. TOUSA is based in Hollywood, Florida. TOUSA, Inc. operates as a subsidiary of Technical Olympic SA. On January 29, 2008, Tousa Inc., alongwith affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Florida, Fort Lauderdale. With 59.6 million shares outstanding and 3.35 million shares declared short as of March 2008, there is no longer a failure to deliver in shares of TOUS. According to quarterly data provided by the SEC, there were still 1,287,456 shares of TOUS that were failing-to-deliver as of September 28, 2007.
Daiwa House Ind Ltd (OTC: DWAHY) together with its subsidiaries, engages in the construction of residential and commercial buildings; and operation of resort hotels, sports life, and home centre businesses in Japan. It operates in five segments: Residential, Commercial Construction, Resort Hotels and Sports Life, Home Center, and Other. The Residential segment involves in the construction and sale of single-family houses and condominiums; rental of houses; renovation of homes, and operation of real estate agency and other businesses related to residences. The Commercial Construction segment engages in the construction and management of commercial facilities, such as retail outlets and shopping malls; and planning, design, and construction of distribution medical and nursing care, and corporate facilities. The Resort Hotels and Sports Life segment manages and operates resort hotels, golf courses, and sports and fitness clubs. The Home Center segment operates home centers that carry an average of approximately 50,000 items for contractors, other professionals, and general consumers. The Other segment's activities include manufacture and sale of housing construction materials; logistics and distribution; renting of furniture and fixtures; and automobile leasing. As of March 31, 2007, it operated 29 resort hotels, 10 golf courses, 10 city type hotels, 49 fitness clubs, and 42 home centers. The company was founded in 1947 and is headquartered in Osaka, Japan. With 59.99 million shares outstanding and 3,300 shares declared short as of March 2008, there is no longer a failure to deliver in shares of DWAHY.
Hopewell Holdings Ltd (OTC: HOWWY) an investment holding company, engages in the investment in infrastructure projects, property development and investment, property agency and management, hotel investment and management, restaurant operations, and food catering operations. Its property portfolio comprises residential, commercial, and retail properties, as well as hotels and carparks. The company invests in expressway projects, and provides loan financing services. In addition, Hopewell Holdings involves in the building and carpark management, and development of a power station project. It has operations in Hong Kong, the People's Republic of China, and Macau. The company was founded in 1963 and is based in Wanchai, Hong Kong. With 898.64 million shares outstanding and 118,800 shares declared short as of March 2008, there is no longer a failure to deliver in shares of HOWWY. According to quarterly data provided by the SEC, there were still 56,308 shares of HOWWY that were failing-to-deliver as of September 28, 2007.
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 1,900,000,000 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. 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 WWW: http://www.buyins.net e-mail: Tom@buyins.net Tel: +1 800 715 9999
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
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justhere
17 years ago
Dixie Lee to Join Ranks of World's Most Popular Franchises With Flagship Location in Dubai
There are few things that are more Americana then Frank Sinatra singing New York, New York in a Las Vegas nightclub and there's only one city on the planet that has perfectly combined everything New York and Las Vegas has to offer, Dubai. From its manmade palm tree shaped islands to its mega mall with indoor skiing, plus its soon to be completed tallest building in the world, Dubai's Americana flavor is attracting visitors, residents and corporations from around the world. Some American icons, like Halliburton, have even opened headquarters there, while others like Marvel Entertainment, have smaller plans. In Marvel's case, they are going to open a Billion dollar park, developed by the UAE- based Al Ahli Group. In addition to American companies, international companies like Airbus, an EADS Company, are establishing a toehold in the Open City.
Despite the widespread excitement, the restaurant industry has the most American feel in Dubai, we're not just talking McDonald's and Burger King. From breakfast at Krispy Kreme, which has big plans in the Middle East, to dinner at Hooters, there is, no doubt, a craving for everything Americana, so the timing of the opening of Dixie Lee International's (PINKSHEETS: DLII) new flagship restaurant in Dubai couldn't have come at a better time.
Dixie Lee International, the parent company of the 40-year-old "Dixie Lee" brand name, even re-formulated its signature spice mix to adjust for Middle Eastern tastes and the two level store, which overlooks the city, features take out, delivery, buffet and full dining.
Now the only question that remains is whether some of the new formulas make its way back into the more than 40 North American franchised Chicken & Seafood restaurants already open.
About Investor Development Group :
Investor Development Group (collectively referred to as "IDG"), is a leading investor relations firm whose primary focus is promoting awareness among brokers, investors, and others in the investment community who are interested in small and micro-cap companies. IDG is dedicated to helping publicly traded companies gain the exposure they need to move forward with the development of their business plans. IDG's goal is to feature equity investments in micro or small capitalization companies that have the potential for long-term appreciation.
To have your company represented by IDG, please contact, Robert Adams at 713-401-9333, or via email at info@investordg.com.
Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Disclosure: Investor Development Group has not been compensated by any of the companies covered in this release.
Investor Development Group is not a registered investment advisers or broker/dealer. IDG makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk.
Contact:
Investor Development Group
800-858-7502
info@investordg.com
Source: Marketwire (April 8, 2008 - 9:56 AM EDT)
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