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GABA, BSGC, RPBFD Have Been Added To Naked Short Lists Today

^{Published on 2010-06-03 07:06:20, Last Modified on 2010-12-22 18:19:11 - WOPRAI}
 

June 3, 2010 /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. Georgia Bancshares (OTCBB: GABA), BigString Corp (OTCBB: BSGC), Response Biomedical (OTCBB: RPBFD). 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 .

Georgia Bancshares, Inc. (OTCBB: GABA) operates as the holding company of The Bank of Georgia that provides commercial and retail banking services to individuals and small to medium-sized businesses in Georgia. The company offers various deposit products, such as checking accounts, money market accounts, certificates of deposit, and individual retirement accounts. It also provides commercial loans, including commercial real estate, construction and permanent financing on owner occupied real estate, construction and permanent financing of investment real estate, refinance of existing debt secured by real estate, land acquisition and development, church, non-profit organization, working capital, fixed asset and equipment purchase, accounts receivable, expansion plan, operating lines of credit, letters of credit, and SBA guaranteed loans for corporations, partnerships, small business owners, churches, and community organizations. In addition, the company offers consumer loans comprising home equity loans and lines of credit, as well as auto, motorcycle, recreational vehicle, boat, and personal loans; construction loans; and residential mortgage loans. Further, it provides drive-through windows, safe deposit boxes, and express e-statements. Additionally, the company offers various services, such as card, automated teller machine, on-line banking, commercial cash management, telebanking, rewards checking, night depository, money transfer, paydirect/employee benefit package, merchant processing, and electronic banking services. As of November 19, 2009, it operated nine branches located in Peachtree City, Fayetteville, Newnan, Sharpsburg, Tyrone, and Fairburn, Georgia. The company was founded in 1999 and is based in Peachtree City, Georgia. There is a failure to deliver in shares of GABA.

BigString Corporation (OTCBB: BSGC), through its subsidiaries, develops technologies related to Web portals. It provides BigString, a Web-based, POP3 server email service solution that allows the user to edit, recall, cancel, and erase the email, as well as insert or delete attachments, even after the email has been sent out and opened. The company also offers various email, email hosting, social network messaging, instant messaging, and SMS texting packages for consumer, business, and enterprise customers. In addition, BigString Corporation operates an interactive entertainment portal for streaming audio and video programming, as well as develops PeopleString, an incentive-based social network that pays users to receive regular direct mail, and perform a host of Internet activities. Further, it operates DailyLOL, a viral video Website/interactive entertainment portal that provides humorous videos, games, and pictures; and Buddystumbler.com, an IM-based social network that allows users to meet people via free online chats on AOL AIM, Yahoo Messenger, MSN Messenger, and Google Talk. BigString Corporationais products and services are accessed through the Internet to Internet users who seek to utilize the Internet as their source for email and messaging services. The company was formerly known as Recall Mail Corporation and changed its name to BigString Corporation in July 2005. BigString Corporation was founded in 2003 and is based in Red Bank, New Jersey. There is a failure to deliver in shares of BSGC.

Response Biomedical Corporation (OTCBB: RPBFD) engages in the research, development, commercialization, and distribution of diagnostic technologies for the medical point of care and on-site environmental testing markets. The company offers RAMP system, which is a portable fluorescence immunoassay-based diagnostic technology that combines the performance of a clinical lab with the convenience of a dipstick test. Its RAMP tests are used in the early detection of heart attack, congestive heart failure, influenza A+B, the respiratory syncytial virus, environmental detection of West Nile Virus; and biodefence applications, including the rapid on-site detection of anthrax, smallpox, ricin, and botulinum toxin. The company has strategic alliance with 3M Company, whereby 3M Company has rights to sell and market RAMP tests. Response Biomedical Corporation markets and sells its products primarily through direct sales force and distributors principally in the United States, Asia, Europe, and Canada. The company was founded in 1980 and is headquartered in Vancouver, Canada. There is a failure to deliver in shares of RPBFD.

BUYINS.NET, www.buyins.net , monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies, comparable valuations. Reports include:

REGULATORY & COMPLIANCE NEWS

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INVESTMENTS & TRADING

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Earnings Edge -- predicts probability, price move and length of move before and after all US stock earnings reports.

Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.

Group Trader -- tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups.

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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 2,750,000,000 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'a"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.

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