07.07
Beijing, July 7, 2010—RMD Entertainment (http://rmdmgroup.com/) shares with the public the findings of Buyins.net, company RMDM management commissioned to track, report and try to suppress the company short sale position. The company reported that 31.83% of RMDM’s traded stock on July 6th, 2010 had been sold short. The company reported as follows:
“Here is your Buyins.net RegSHO Compliance Alert for July 6th, 2010. Our RegSHO Compliance Service helps to protect RMDM from short sellers and market makers that are violating the more stringent RegSHO market integrity provisions recently enacted. We are monitoring the trading activity in RMDM and here is today’s report:
Total Trading Volume: 63098088
Daily Short Volume: 20085000
Avg. Price of Shorts Today: 0.0002
Short %: 31.83
Volume at Offer: 27758067
Buy%: 0.00
Volume at Bid: 35340021
Sell%: 0.00
Shares Crossed: 0
Cross%: 0.00
Net Buying vs. Selling: -7581954
Price Change: 0
Friction Factor: 0
The above data is used to calculate if a fair market is being made in the shares of RMDM. Friction Factor determines if there is normal or abnormal behavior in the price action of the stock when compared to the buying vs. selling trading statistics. Today, your Friction Factor was 0. Here is how to understand Friction Factor:
1. If Friction Factor is positive, more buying than selling caused RMDM’s price to rise
2. If Friction Factor is negative, more selling than buying caused RMDM’s price to fall
3. If Friction Factor is 0, there was no discernable activity either way
4. If Friction Factor is abnormal, it means that more buying than selling caused the price to drop, which is evidence of manipulative activity. In some cases more selling than buying can cause the price to increase. While this is rare, it must be noted as well.
By signing up for our RegSHO Compliance Service, we will monitor your trading daily and identify short selling, illegal short selling, manipulative market maker activity and alert the media when a short squeeze begins and when forced buy-ins occur because we were able to get broker dealers, FINRA or the SEC to force “buy to covers” upon short sellers that have not located, borrowed and delivered shares shorted by T+3.
Here are our unique data sources:
1. Nightly Threshold Security Lists (“Naked Short Lists”): data comes from AMEX, NASDAQ, NYSE, OTCBB, PINKSHEET exchanges directly.
2. Daily Size of Failures to Deliver (“Size of Naked Shorts on a day to day basis): directly from SEC
3. Daily Short Sales Times and Sales Data: data comes from AMEX, NASDAQ, NYSE, OTCBB, PINKSHEET exchanges directly.
4. Brokerage firms that trades go through: data comes directly from AMEX, NASDAQ, NYSE, OTCBB, PINKSHEET exchanges
5. Names and positions of short sellers with assets under management exceeding $100 million: data will come directly from SEC
6. Blue Sheet Data Requests: We deal directly with FINRA and SEC to alert them as to which stocks and which brokerage firms SEC and FINRA need to investigate.
7. Trading Statistics and Friction Factor are based on data provided by all US stock exchanges and proprietary analysis of the activity.
The data we provide is extremely useful for RMDM for the following reasons:
1. Stop naked short selling in the company you are covering
2. Break the market maker hold on Level II box causing so much price friction
3. Our SqueezeTrigger Reports that cross newswires and are sent to our 720,000 users help break the rest of the shorts
4. Discourage new short sellers from shorting your stock
5. Stop the negative perception that dropping stock price places on normal day to day business operations
6. Combined all of these facets help to stop the daily drain that the short attacks have on the company.
Here is a quick technology overview: http://www.buyins.com/centurypacificbrochure.pdf
Here is a quick background doc: http://www.buyins.com/images/tomronk.pdf
We have 8 different types of reports we issue:
REGULATORY & COMPLIANCE NEWS
Friction Factor – market maker surveillance system tracking Level II market makers in all stocks to determine Price Friction and compliance with new “Fair Market Making Requirements”
RegSHO Naked Shorts – tracks EVERY failure to deliver in all US stocks and tracks all Threshold Security Lists daily for which stocks have naked shorts that are not in compliance with Regulation SHO
INVESTMENTS & TRADING
SqueezeTrigger – 27 billion cell database tracks EVERY short sale (not just total short interest) in all US stocks and calculates volume weighted price that a short squeeze will begin in each stock (both intraday and daily short squeezes)
Earnings Edge – predicts probability, price move and length of move before/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
Pattern Scan – automates tracking of every technical pattern and predicts time and size of move in all stocks
GATS (Global Automated Trading System) – tracks all known trading strategies and qualifies and quantifies which are working best in real time
The reports we issue are released over COMTEX Newswire and 500 additional financial news sites.
Each report will be posted to BUYINS.NET website which has over 725,000 unique visitors and we have a database of over 50,000 institutional investors.
Each report will be emailed to anywhere between 1,000 and 5,000 institutions that own the peer companies for the report being issued (promotes new institutional buyers in position you already own).”
The company reminds its shareholders and followers to monitor PinkSheets.com Filing section and also our IR company web site section “PRESS RELEASES AND FILINGS” TAB http://www.minamargroup.net/ for non newsworthy corporate updates.
For any matters relating to retail investor queries or to send the company or its IR a message please click on the “INVESTOR SUPPORT” TAB, or the direct link http://www.minamargroup.net/helpdesk. In this regard, Mina Mar Group works diligently to answer and address all the pressing issues regarding its clients to the shareholders’ satisfaction. MMG is in constant contact with the companies, addressing, obtaining and processing all inquiries. MMG is often one of the advisors or IR companies utilized by the issuer. Depending on the location of the issuer and management’s availability, it may take up to several days to address any pressing issues. In a normal course of business and a pending transaction, the issuer may opt to remain silent in order not to lose advantage to a competitor. MMG is mindful that sometimes shareholders want answers immediately, which for the above reasons cannot be fulfilled on a timely basis.
Don’t be a victim. Report a stock basher to authorities. The company is mindful that short sellers, the company competitors and stock bashers stalk small cap Pink Sheets listed companies with hidden agendas. Visit http://www.stockbasher.com/ and find out what criminal and civil actions the US authorities are taking against web sites like investorshub.com and other posters, and the remedies available to you as an individual investor. MMG encourages the readers to visit this investorshub.com blog and similar “investors” web sites with an open mind. Discover for yourself why and how USA based small businesses and the backbone of the economy suffer. Stay informed and do not allow entrepreneurs dreams, innovations, and their access to capital to be thwarted as “scalpers” and day traders vigorously day in and day out try to exploit and extinguish US innovation and progress for quick profits.
Filings for this event are currently being reviewed and will be filed with Pink Sheets and Client Support section in due course. To be included in company’s email database for press releases, industry updates, and non-weekly activity in the company that may or may not be news released, please subscribe or opt in mailer at http://www.minamargroup.com/updates.