NEW YORK, June 7, 2006 (PRIMEZONE) -- www.buyins.net is initiating coverage of W2 Energy, Inc. (Pink Sheets:WWEN) after releasing the latest short sale data to June 2006. From January 2005 to June 2006 approximately 72.2 million total aggregate shares of WWEN have traded for a total dollar value of nearly $9.1 million. The total aggregate number of shares shorted in this time period is approximately 5.6 million shares. The WWEN SqueezeTrigger price of $0.13 is the volume weighted average short price of all short selling in WWEN. A short squeeze is expected to begin when shares of WWEN close above $0.13. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.
Month Total Vol. Short Vol. Avg. Price Short $ Value
January '05 367,591 28,305 $0.13 $3,609
February 1,240,317 95,504 $0.13 $12,177
March 774,063 59,603 $0.08 $4,619
April 1,531,086 117,894 $0.06 $7,368
May 776,396 59,782 $0.06 $3,587
June 981,656 75,588 $0.08 $6,236
July 687,072 52,905 $0.09 $4,962
August 1,310,363 100,898 $0.06 $5,549
September 2,657,803 204,651 $0.04 $8,698
October 2,136,100 164,480 $0.05 $8,504
November 2,111,314 162,571 $0.06 $9,153
December 1,037,591 79,895 $0.05 $3,779
January '06 1,114,822 85,841 $0.04 $3,133
February 663,204 51,067 $0.04 $1,941
March 1,325,599 102,071 $0.03 $2,889
April 1,811,617 139,495 $0.04 $5,161
May 45,159,620 3,477,291 $0.17 $577,926
June 6,558,536 505,007 $0.07 $34,593
Total: 72,244,750 5,562,846 $0.13 $703,883
NOTE: Short volume is approximated using a proprietary algorithm.
Average short price is calculated using a volume weighted
average short price.
Short volume is the total short trade volume and does
not account for covers.
WWEN On OTC Naked Short Threshold List
On List Off List # Days
January 7, 2005 January 13, 2005 5
W2 Energy, Inc. has been on the OTC Naked Short Threshold list 1 time. Regulation SHO took effect January 3, 2005, and provides a new regulatory framework governing short selling of securities. It was designed with the objective of simplifying and modernizing short sale regulation and providing controls where they are most needed. At the conclusion of each settlement day, data is provided on securities in which: 1) there are at least 10,000 shares in aggregate failed deliveries for the security for five consecutive settlement days, and 2) these failures constitute at least 0.5% of the issuer's total shares outstanding. SEC Regulation SHO, under the Securities Exchange Act of 1934, mandates that, if a clearing agent has had a fail-to-deliver position for 13 consecutive settlement days, that clearing agent, and the broker/dealer it clears for, must purchase securities to close out its fail to deliver position.
About W2 Energy, Inc.
W2 Energy, Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation transportation fuel and electrical power systems. Specifically, W2 Energy Inc. produces Green Energy (Energy derived from non polluting sources or fossil fuels) utilizing its core-patented technologies to produce green energy generating plants and applications. W2 Energy Inc. has seasoned management, cutting edge technology and owns a large technology portfolio of patents and know-how that has been extensively validated and ready for commercial production.
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. The SqueezeTrigger database of nearly 800,000,000 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 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. A third party has paid $995.00 to purchase data for information provided in this report. The third party and his family or affiliates may own shares of WWEN and may profit should the share price increase. The data service can be cancelled at any time. 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 will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
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