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NTMI, SOGFF, CIT, ZYXI, NDVLY Has Been Added To Naked Short Lists Today

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  Published in Stocks and Investing on Saturday, October 10th 2009 at 13:20 GMT, Last Modified on 2010-12-22 14:54:03 by WOPRAI

October 12, 2009 /M2 PRESSWIRE/ BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold lists. NT Media Corp of CA (OTCBB: NTMI), Strategic Oil and Gas (OTC: SOGFF), CIT Group (NYSE: CIT), Zynex (OTCBB: ZYXI) and New World Development Co. (OTC: NDVLY). For a complete list of companies on the naked short lists please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to http://www.buyins.net .

NT Media Corporation of California, Inc. (OTCBB: NTMI) engages in the development, production, and distribution of programs for the entertainment industry. The company primarily involves in the creation of music platforms and skilled gaming in the United States and internationally. It also engages in licensing films. In addition, NT Media Corporation sells videocassettes and digital video disks in the retail market. Further, the company operates NeuroTrash.TV., a video-sharing site that targets young adults between 18 and 35; ntmedia.storeblocks.com, a Web site that facilitates to download music, as well as provides marketing services for goods and services, such as new and used car prices, insurance, travel, and loans; SingleFatherNetwork, a targeted social network that serves the needs of unmarried fathers; and stemcellstalk.com, a social networking site that fosters education and debate, as well as provides networking opportunities for medical professionals, patients, and companies engaged in stem cell treatment and research. NT Media Corporation was founded in 1999 and is based in Los Angeles, California. There is a failure to deliver in shares of NTMI.

Strategic Oil & Gas Ltd. (OTC: SOGFF) engages in the exploration for and development of petroleum and natural gas reserves in western Canada and the western United States. The company was incorporated in 1987 and is based in Vancouver, Canada. There is a failure to deliver in shares of SOGFF.

CIT Group Inc. (NYSE: CIT) operates as the holding company for CIT bank that provides commercial financing and leasing products, and management advisory services to the small and middle market companies worldwide. Its products principally include asset based loans; secured lines of credit; operating, capital, and leveraged leases; vendor finance programs; import and export financing; debtor-in-possession/turnaround financing; acquisition and expansion financing; letters of credit/trade acceptances structuring; and small business loans. The companya�s services primarily comprise financial risk management; asset management and servicing; merger and acquisition advisory services; debt restructuring; credit protection; accounts receivable collection; debt underwriting and syndication; capital markets; and insurance services for small businesses and middle market customers. It serves clients in various industries, including transportation, particularly aerospace and rail, manufacturing, wholesaling, retailing, healthcare, communications, media and entertainment, and various service-related industries. The company was founded in 1908 and is headquartered in New York, New York. There is a failure to deliver in shares of CIT.

Zynex, Inc. (OTCBB: ZYXI) engineers, manufactures, markets, and sells medical devices for the electrotherapy, and stroke and spinal cord injury rehabilitation markets primarily in the United States. The company primarily offers electrotherapy products for pain relief and pain management; and NeuroMove for stroke and spinal cord injury rehabilitation. Its products include IF 8000, an interferential and muscle stimulation device; IF 8100, a fixed program version of the IF8000; TruWave, a dual channel transcutaneous electrical nerve stimulation (TENS) device; E-Wave, a dual channel neuromuscular electrical stimulation device (NMES); and NM 900, an electromyography triggered electrical stimulation device. In addition, the company distributes Conti4000, an electrical stimulation device for incontinence treatment; ValuTENS, a dual channel TENS device; DCHT, a cervical traction device; LHT, a lumbar traction device; and electrodes that are re-usable for delivery of electrical current to the body. Its products are useful for patients suffering with impaired mobility from stroke and spinal cord injury, as well as for those suffering from acute and chronic pain. Zynex markets its products through commissioned and independent sales representatives, as well as directly to end users through advertisements and articles in relevant publications and on the Internet. The company was founded in 1998 and is headquartered in Littleton, Colorado. There is a failure to deliver in shares of ZYXI.

New World Development Company Limited (OTC: NDVLY) engages in the property investment, development, and management businesses. Its property portfolio comprises shopping malls, offices, hotels, and service apartments. The companya�s infrastructure operations include various businesses, such as toll roads, power plants, and water treatment and waste management plants, as well as container handling, logistics, and warehousing; bond issuing; wireless telecommunication networks; toll bridges, hotels and restaurants, golf clubs, used cars trading, and hostels; mechanical, civil, and electrical engineering; land development; property sales; and foundation works. It also involves in the development, production, and sale of heat transfer devices and pressure vessel components; car park management and rental operations; piling and ground investigation business; duty-free liquor and tobacco sales business; building construction operations; operation, marketing, promotion, and management of Hong Kong Convention and Exhibition Centre; aluminum windows and curtain wall supply and installation business; landscaping and project contracting operations; and estate and property agency businesses. In addition, the company engages in project management; ceramic tiles retail trade; system integration products, motor vehicles, and building and engineering materials trading business; and facility management services, rail transport, elderly care services, laundry, cleaning and pest control, management, consultancy, insurance broking, ticketing, nominee, financial, security, environmental protection, advertising and media, telecommunication, interior design, and information technology solutions and services businesses. As of December 31, 2008, it operated and managed 32 department stores in 18 cities in China. The company has operations in Hong Kong, Mainland China, and Macau. New World Development Company was founded in 1970 and is headquartered in Shanghai, China. There is a failure to deliver in shares of NDVLY.

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 2.650,000,000 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 montha�s short transactions, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money.

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