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Posted: OCT 08, 2007
CSMG
Technologies (OTCBB: CTUM) SqueezeTrigger Price is $0.34;
Approximately 6.1 Million Shares Shorted since November
2005 According to BUYINS.NET Research Report
Corpus Christi, TX, October 08, 2007 -- CSMG Technologies,
Inc., (OTCBB: CTUM
- News),
a technology management company, announced today that
BUYINS.NET, www.buyins.net,
is initiating coverage of CSMG Technologies after releasing
the latest short sale data to October 2007.
From November 2005 to October 2007 approximately 78.9
million total aggregate shares of CTUM have traded for
a total dollar value of nearly $26.6 million. The total
aggregate number of shares shorted in this time period
is approximately 6.1 million shares. The CTUM SqueezeTrigger
price of $0.34 is the volume weighted average short
price of all short selling in CTUM. A short squeeze
began when shares of CTUM closed above $0.34. To access
SqueezeTrigger Prices ahead of potential short squeezes
beginning, visit www.buyins.net.
Month Total Vol. Short Vol. Avg. Price Short $ Value
-------------- ------------- -------------- ----------- --------------
November '05 8,304,203 639,424 $0.05 $34,721
December 6,904,817 531,671 $0.05 $23,925
January '06 4,705,228 362,303 $0.05 $16,304
February 14,438,354 1,111,753 $0.18 $204,563
March 8,512,630 655,473 $0.34 $222,861
April 3,639,714 280,258 $0.34 $93,886
May 3,591,493 276,545 $0.27 $73,976
June 1,115,611 85,902 $0.26 $22,549
July 3,137,161 241,561 $0.33 $80,005
August 6,366,713 490,237 $0.54 $262,277
September 1,124,676 86,600 $0.63 $54,688
October 1,688,722 130,032 $0.53 $68,592
November 1,052,900 81,073 $0.46 $36,888
December 857,967 66,063 $0.39 $25,600
January '07 802,898 61,823 $0.42 $25,657
February 2,683,229 206,609 $0.68 $141,010
March 2,016,461 155,267 $0.84 $130,037
April 1,590,920 122,501 $1.00 $121,888
May 1,553,906 119,651 $0.87 $104,395
June 2,110,104 162,478 $0.83 $134,451
July 1,004,639 77,357 $0.84 $64,980
August 548,512 42,235 $0.72 $30,460
September 515,738 39,712 $0.74 $29,387
October 616,857 47,498 $0.92 $43,461
Total: 78,883,453 6,074,026 $0.34 $2,046,559
*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.
About CSMG Technologies, Inc
CSMG Technologies, Inc. (OTCBB: CTUM
- News)
is a technology management company that finances, owns,
develops, licenses and markets innovative advanced technologies
and business opportunities created in the Ukraine through
a network of scientific institutes and private organizations.
CSMG is currently focused on its primary subsidiaries,
Live Tissue Connect, Inc. ("LTC") which has
40 U.S. and international patents issued or pending.
LTC has formed six medical procedure specific subsidiaries
wholly owned by its Live Tissue Connect, Inc. subsidiary.
The subsidiaries are Gynecology and General Surgery
(GSG Medical Group), Orthopedics & Arthroscopy (Orthopedic
Tissue Sciences), Colon Rectal Surgeries (Colorectal
Connection Management), Pulmonary/lung (Pulmonary Sealing
Sciences), Urology (Urological Tissue Welding), and
cosmetic surgery (Aesthetic Tissue Welding
On July 2, CSMG Technologies reported that LTC filed
a 510(k) submission with the U.S. Food and Drug Administration
(FDA) for a human vessel and duct sealing electro-surgical
generator, and two sealing instruments. A 510(k) filing
seeks approval to sell medical devices in the U.S.,
a key market for LTC. In that announcement, CSMG stated
that information regarding procedures using the LTC
technology, and technical information regarding the
technology, was being removed from the CSMG web site
pending FDA clearance. Currently LTC is working through
the normal procedures of the US FDA approval process.
For information please visit its web site, www.csmgtechinternational.com,
for international operations, and U.S. site for its
U.S. medical device subsidiary Live Tissue Connect,
www.livetissueconnect.com.
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 1,600,000,000 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.
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The companies that are discussed in this opinion have
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Technologies, Inc. has paid $995 per month to purchase
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CONTACT:
CSMG Technologies, Inc.
Donald S. Robbins, President and CEO
361-887-7546
or
K. Bruce Jones, 770-955-0409
or
ROI Group Associates, Inc.
Michael Dodge, 212-495-0744
mdodge@roiny.com
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