BUYINS.NET Naked Short List Announcement Includes StereoVision.LOS ANGELES -- StereoVision Entertainment Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SVSN) announced today that the highly respected short selling information service BUYINS.NET has included StereoVision on its naked short threshold list (included below) for 13 consecutive days. StereoVision's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Jack Honour, stated, "As is evidenced by the ongoing battles of such companies as Overstock.com (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :OSTK), and Krispy Kreme (AMEX AMEX See: American Stock Exchange :KKD), short selling stocks has proven to be an industry wide dilemma. This is the reason we asked the shareholders earlier this year to call their brokers and have their SVSN shares moved into certificate form. This keeps DTC DTC See: Depository Transfer Check DTC See: Depository Trust Company DTC See Depository Trust Company (DTC). from loaning their shares out. The best case scenario would be for all SVSN shareholders to hold their shares in certificate form, as this would eliminate legal short selling, and cripple the illegal naked short sellers. All of my personal SVSN shares are in certificate form." EXCERPT FROM LAST WEEK'S BUYINS.NET PRESS RELEASE: Nov 14, 2005 (M2 PRESSWIRE via COMTEX) -- BUYINS.NET, www.buyins.net, announced today that these select companies have been on the NASDAQ, AMEX and NYSE NYSE See: New York Stock Exchange naked short threshold lists for 13 consecutive trading days: Microfield Group, Inc. (MICG MICG Moroccan Islamic Combatant Group ), OneTravel Holdings, Inc. (OTV), Petrogen Corp. (PTGC), Stereo Vision Entertainment (SVSN) and VoIP, Inc. (VOII). For a complete list of companies on the naked short lists please visit our web site. To find the Squeeze Trigger Price before a short squeeze starts in any stock, go to www.buyins.net/squeezetrigger.pdf. (end quote) About StereoVision Entertainment Located in Van Nuys, California, StereoVision Entertainment is a vertically integrated media company with interests in film, television, and music production properties. StereoVision's business is driven by the production and acquisition of cutting-edge entertainment media assets. 1995 Private Securities Act: Statements contained herein that are not historical are forward-looking statements subject to risks and uncertainties that could cause actual results to differ materially from those expressed in forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance, and other risks detailed in StereoVision's filings with the SEC. |
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