Naked Short Web Site Announces NRIFF, NDVLY, HDLM, GLOB Have Been Removed From Threshold Lists Today
November 3, 2009 /M2 PRESSWIRE/ BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold lists. Nuvo Research (OTC: NRIFF), New World Development Co (OTC: NDVLY), Handleman (OTC: HDLM) and Global Med Technologies (OTCBB: GLOB). 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 .
Nuvo Research Inc. (OTC: NRIFF) primarily focuses on the research and development of drug products that are delivered to and through the skin in Canada. It develops drugs based on two technology platforms, transdermal drug delivery and immune system regulation. The companya�s lead products include Pennsaid, a topical non-steroidal anti-inflammatory drug, which is used to treat the pain and symptoms of osteoarthritis of the knee; and Pennsaid Plus, a pre clinical stage product used for applications in various therapeutic areas. Nuvo Research Inc. markets its Pennsaid products in Canada and the Caribbean, as well as in European countries, such as Greece, Italy, and the United Kingdom. Its products also comprise Oxoferin, a topical wound healing agent; and WF10, a chlorite-based, immunomodulating drug, which is in the Phase II clinical trial used for the treatment of inoperable pancreatic cancer. It markets its Oxoferin drug in Europe, Asia, and South America under the Oxoferin and Oxovasin trade names. The company was formerly known as Dimethaid Research, Inc. and changed its name to Nuvo Research Inc. in September 2005. Nuvo Research Inc. was founded in 1983 and is headquartered in Mississauga, Canada. There is no longer a failure to deliver in shares of NRIFF.
New World Development Company Limited (OTC: NDVLY), an investment holding company, engages in the property investment, development, and management businesses in Hong Kong, Mainland China, and Macau. Its property portfolio comprises shopping malls, offices, hotels, and service apartments. The companya�s infrastructure operations include operation of toll roads, power plants, water treatment, and waste management plants, as well as logistics and warehousing services. It also provides facilities management, contracting and transport, financial services, and telecommunication services, as well as operates department stores, and hotel and restaurant. In addition, the company engages in the investment consultancy business; generation and supply of electricity; operation of rail container terminal and related business; wholesale assembly and storage of fuel; manufacture and distribution of distilled water; development, operation, and management of pier and related business; and operation of pharmaceutical stores. Further, it involves in bond issuing; operation of wireless telecommunication networks, toll tunnel, golf clubs and resorts, and hostels; used cars trading; mechanical, civil, and electrical engineering; and foundation works. Additionally, the company engages in the provision of heat transfer devices and pressure vessel components; car park management and rental operations; piling and ground investigation business; the sale of duty-free liquor and tobacco; building construction; and landscaping and project contracting operations. It also engages in project management; ceramic tiles retail trade; trading system integration products, motor vehicles, and building and engineering materials; and elderly care services, laundry, cleaning and pest control, management, consultancy, insurance broking, ticketing, nominee, security, advertising and media, and information technology solutions and services businesses. The company was founded in 1970 and is based in Central, Hong Kong. There is no longer a failure to deliver in shares of NDVLY.
Handleman Company (OTC: HDLM) does not have significant operations. The company is considering a plan of liquidation. Previously, it operated as a category manager and distributor of prerecorded music, as well as console video game hardware, software, and accessories to retailers in the United States, the United Kingdom, and Canada. The company was founded in 1934 and is headquartered in Troy, Michigan. There is no longer a failure to deliver in shares of HDLM.
Global Med Technologies, Inc. (OTCBB: GLOB) designs, develops, markets, and supports information management software products for blood banks, hospitals, centralized transfusion centers, and other health care related facilities. Its products include SafeTrace, which is used to assist community blood centers, hospitals, plasma centers, and outpatient clinics for the collection and management of blood and blood products; SafeTrace Tx, a transfusion management information system designed for hospitals and centralized transfusion centers to enable the quality of blood transfused into patient-recipients; and ElDorado Donor, a blood management software application designed to provide the information system needs of blood banks and donor centers. The company, through its subsidiary, Inlog S.A. offers EdgeBlood, a product for the donor center market; EdgeTrace for the hospital transfusion market; EdgeLab, a laboratory information system; EdgeCell, a cellular therapy for tissue banks, stem cell centers, and cord blood centers; and SAPA, a regulatory compliance and document management solution. It also provides PeopleMed, a system that coordinates sources of information and users of a patienta�s clinical information, including laboratory, pharmacy, primary and specialty care providers, claims, and medical records, as well as validation services, such as documenting and testing systems. In addition, the company involves in licensing software; the provision of maintenance, consulting, and support services; and in the resale of software obtained from vendors. It operates in the United States, Canada, the Caribbean, the European Union, Africa, French Polynesia, and New Caledonia. Global Med Technologies, Inc. was founded in 1989 and is based in Lakewood, Colorado. There is no longer a failure to deliver in shares of GLOB.
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