Datameg (DTMG) SqueezeTrigger Price is $0.085. Approximately 11.23 Million Shares Shorted in 2005 According To Buyins.net Research Report.

BOSTON -- Datameg Corporation (OTCBB: DTMG) today announced that www.buyins.net, is initiating coverage of Datameg Corp. (OTCBB: DTMG) after releasing the latest short sale data through November 7th, 2005. From January through early November of this year, approximately 145,392,600 total aggregate shares of DTMG have traded for a total dollar value of nearly $12.36 million. The total aggregate number of shares shorted in 2005 is approximately 11.23 million shares. The DTMG SqueezeTrigger price of $0.085 is the volume weighted average short price that all shorts are short in shares of DTMG. A short squeeze is expected to begin when the share price of DTMG exceeds $0.085. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://buyins.net/squeezetrigger.pdf.

Avg.     Short Dollar
Month           Total Volume   Short Volume     Price        Value

January:         12,432,600       957,310     $  0.067     $  64,139
February:         5,221,500       402,055     $  0.067     $  26,937
March:           24,775,000     1,907,675     $   0.04     $  76,307
April:           10,872,700       837,197     $  0.103     $  86,231
May:             11,865,700       913,659     $  0.071     $  64,869
June:            11,353,200       874,196     $   0.06     $  52,451
July:             7,203,600       554,677     $  0.064     $  35,499
August:          31,646,500     2,436,780     $  0.106     $ 258,298
September:       11,318,800       871,547     $  0.075     $  65,366
October:         16,689,000     1,285,053     $  0.062     $  79,673
November          2,014,000       155,078     $  0.055     $   8,529

Total:          145,392,600    11,236,810     $  0.085     $ 955,128

(1) Short Volume is approximated using a proprietary algorithm.

(2) Average short price is calculated using a volume weighted average
    short price.

(3) Short Volume is the total short trade volume and does not account
    for covers.


               DTMG On OTCBB Naked Short Threshold List

 On List                     Off List                        # Days

 February 1st                February 17th                     13
 April 13th                  April 25th                         9
 June 6th                    July 13th                         27

Datameg has been on the OTCBB Naked Short Threshold 3 different times and brokerage firms have been out-of-compliance with Regulation SHO 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 Datameg

Datameg Corporation, a development stage company, supplies products and related services that support network performance requirements in the voice, data, and video communications industry. The company, primarily through its wholly owned subsidiary, QoVox Corporation, designs, develops, and offers network-wide fault identification, fault isolation, and voice quality assurance products and real-time network health and performance monitoring services for providers and end-users of Voice over Internet Protocol. It offers Network Assurance System, which ensures the integrity and functionality of communications networks and determines whether the networks are meeting the quality and service expectations of customers. Datameg was incorporated in 1999 and is based in Boston, Massachusetts.

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 450,000,000 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. Datameg Corp. has paid a $995.00 monthly data fee to Buyins.net and can cancel the monthly data fee 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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