Extreme Motorsports of California, Inc. SqueezeTrigger Price is $0.0026
BAKERSFIELD, Calif.--Extreme Motorsports of California, Inc. (OTC:ETMO) ("Extreme" or the "Company") announced today that BUYINS.NET, www.buyins.net, is reiterating coverage of Extreme Motorsports of California after releasing the latest short sale data to September 2007. From September 2006 to August 2007 approximately 5.6 billion total aggregate shares of ETMO have traded for a total dollar value of nearly $14.5 million. The total aggregate number of shares shorted in this time period is approximately 429 million shares. The ETMO SqueezeTrigger price of $0.0026 is the volume weighted average short price of all short selling in ETMO. The first of several short squeezes is expected to begin when shares of ETMO close above $.0002, where approximately 7.6 million shares have been shorted. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.
| Month | Total Vol. | Short Vol. | Avg. Price | Short $ Value | |||||||||
| September '06 | |||||||||||||
| 871,728 | 67,123 | $ | 0.4300 | $ | 28,863 | ||||||||
| October | 384,492 | 29,606 | $ | 0.1800 | $ | 5,329 | |||||||
| November | 2,586,923 | 199,193 | $ | 0.1200 | $ | 23,903 | |||||||
| December | 9,070,365 | 698,418 | $ | 0.0535 | $ | 37,365 | |||||||
| January '07 | |||||||||||||
| 28,699,086 | 2,209,830 | $ | 0.0102 | $ | 22,540 | ||||||||
| February | 356,084,960 | 27,418,542 | $ | 0.0143 | $ | 392,085 | |||||||
| March | 771,139,328 | 59,377,728 | $ | 0.0046 | $ | 273,138 | |||||||
| April | 602,870,912 | 46,421,060 | $ | 0.0020 | $ | 92,842 | |||||||
| May | 1,056,046,208 | 81,315,558 | $ | 0.0012 | $ | 97,579 | |||||||
| June | 1,867,230,592 | 143,776,756 | $ | 0.0008 | $ | 115,021 | |||||||
| July | 476,675,680 | 36,704,027 | $ | 0.0005 | $ | 18,352 | |||||||
| August | 299,573,152 | 23,067,133 | $ | 0.0003 | $ | 6,920 | |||||||
| September | 99,600,408 | 7,669,231 | $ | 0.0002 | $ | 1,534 | |||||||
| Total: | 5,570,833,834 | 428,954,205 | $ | 0.0026 | $ | 1,115,472 | |||||||
|
-- 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 Extreme Motorsports of California, Inc.
Extreme Motorsports of California, Inc. operating under the trade name "Xtreme Motorsports," is a manufacturer of custom and production-line sandrails, desert and dual sport racecars. Founded in 1983, Extreme's sandcars have been sold to customers in England, the United Arab Emirates, Australia, South America and the US. For more information, visit the corporate web site www.xmssandcars.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.
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 companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.