BUYINS.NET: Signature Leisure, Inc. (SGLS) Approximately 56.6 Million Shares Shorted Since July 2005 According to Buyins.net Res
June 20 2007 - 9:56AM
Business Wire
Signature Leisure, Inc. announces that BUYINS.NET, www.buyins.net,
is reiterating coverage of Signature Leisure, Inc. (OTCBB:SGLS)
after releasing the latest short sale data to June 2007. From July
2005 to June 2007 approximately 734.5 million total aggregate
shares of SGLS have traded for a total dollar value of nearly $47.9
million. The total aggregate number of shares shorted in this time
period is approximately 56.6 million shares. The SGLS
SqueezeTrigger price of $0.07 is the volume weighted average short
price of all short selling in SGLS. With the stock at $.023 there
are over 21 million shares that have previously been shorted at
$.02 or less that are now out-of-the-money and a short squeeze has
begun. About Signature Leisure, Inc. Signature Leisure, Inc.
(OTCBB:SGLS) provides investor relations ("IR") services to
publicly traded companies. The company also assists privately held
corporations by providing consulting services relating to business
structure and organizational management in addition to corporate
planning and strategic growth management. Signature Leisure
provides strategic investor relations consulting that helps build
and protect their clients' capital value. With the company's full
suite of services, they are flexible in support of clients' needs,
which allows them to serve as either their client's only IR program
or work along side the client's in-house IR staff. The company
believes that it can deliver a complete solution of communication
services to meet the needs of all areas of the public. Signature
Leisure mixes creative thinking with proven methods and remarkable
energy to relay the investment potential of their clients companies
to the investment community. Their clients appreciate the increased
attention that assists to elevate interest and improves market
validation. 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. 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 and a short squeeze can begin. 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. Signature
Leisure, Inc. has paid $1,990.00 to purchase data for information
provided in this and one previous report. The data service can be
cancelled at any time. This opinion contains forward-looking
statements that involve risks and uncertainties. This material is
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