Impact Fusion International (IFUS) SqueezeTrigger Price Is $0.066; Approximately 1.8 Million Shares Shorted Since June 2009 Acco
01 Diciembre 2009 - 8:34AM
Marketwired
Impact Fusion International (PINKSHEETS: IFUS) announced today that
BUYINS.NET, www.buyins.net, is re-iterating coverage of Impact
Fusion International after releasing the latest short sale data to
November 2009. From June 2009 to November 2009 approximately 23.5
million total aggregate shares of IFUS have traded for a total
dollar value of approximately $1.55 million. The total aggregate
number of shares shorted in this time period is approximately 1.8
million shares. The IFUS SqueezeTrigger price of $0.066 is the
volume weighted average short price of all short selling in IFUS. A
short squeeze is expected to begin when shares of IFUS close above
$0.066. To access SqueezeTrigger Prices ahead of potential short
squeezes beginning, visit http://www.buyins.net.
In late October 2009 the SEC updated Regulation SHO requiring
that all short sellers must locate, borrow and deliver any shares
they have shorted, no exceptions, by T+3 settlement date. If not, a
buy-in must be forced by the broker dealer that the short seller
transacted through by the opening of the market on T+4. Since a
company first appears on the naked short list when short sellers
have been failing to deliver for 5 consecutive trading days, IFUS
should theoretically never be on the naked short list. BUYINS.NET
will monitor the OTC naked short list daily and issue an alert and
notify the SEC and FINRA should short sellers fail to deliver and
IFUS appears on the exchange's Threshold Security List.
About Impact Fusion International
Impact Fusion International, Inc. is in the business of
marketing products in the "Health and Wellness" sector of all
international markets. It is the company's mission to invent,
develop and market these proprietary products worldwide for the
health and well being of humans and animals.
VOD Newswire Video Format:
http://vodnewswire.com/vodnewswire/news/impact-fusion-20091201/
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.
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 company's annual report on Form 10-K or 10-KSB and
other filings made by such company with the SEC.
Contact: Impact Fusion International, Inc. 1-866-716-6668
www.impactfusionintl.com Premier Media Services Kelly Black
President 480-649-8224
Impact Fusion (PK) (USOTC:IFUS)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Impact Fusion (PK) (USOTC:IFUS)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024