PrivateBancorp Inc. (NASDAQ: PVTB | Quote | Chart | News | PowerRating) through its subsidiaries, provides various financial services to entrepreneurial and middle-market companies, individuals, wealthy families, professionals, entrepreneurs, and real estate investors in the United States. It primarily engages in generating deposits and originating loans. The company's commercial banking services include lines of credit for working capital, term loans for equipment and other investment purposes, and letters of credit, as well as offers non-credit products, including remote merchant capture, lockbox, cash concentration accounts, other cash management products, foreign exchange, and derivatives. The company also offers real estate lending services, including permanent and interim mortgages to businesses and individuals to finance various owner-occupied properties and investment properties, such as apartment buildings, office buildings, and shopping centers, as well as provides commercial, commercial real estate, construction, personal, and residential real estate loans. In addition, it offers private banking services to individuals and families, self-employed, professional athletes, and business owners, as well as provides personal banking services include interest-bearing checking, money market accounts, certificates of deposit, ATM/debit cards, investment brokerage accounts, and domestic and international wire transfers. Further, the company offers wealth management services, which include investment management, personal trust, guardianship and estate administration, custody, and investment services, as well as retirement accounts. As of December 31, 2007, it operated 20 offices in Chicago, suburban Detroit, St. Louis, Milwaukee, Kansas City, Atlanta, Cleveland, and Minneapolis. The company was founded in 1989 and is based in Chicago, Illinois. With 28.55 million shares outstanding and 5.31 million shares declared short as of July 2008, there is a failure to deliver in shares of PVTB. According to quarterly data provided by the SEC, there were still 20,793 shares of PVTB that were failing-to-deliver as of September 28, 2007.
Rediff.com India Ltd. (NASDAQ: REDF | Quote | Chart | News | PowerRating) provides online Internet-based services focusing on India and the global Indian community. Its Web sites consist of interest specific channels relevant to Indian interests, such as cricket; astrology; matchmaker and movies; content on various matters, including news and finance; search facilities; a range of community features, such as email, chat, messenger, and e-commerce; broadband wireless content; and wireless short messaging services to mobile phone subscribers in India. The company also publishes a weekly newspaper, India Abroad, in the United States and Canada. As of March 31, 2007, it had 53.6 million online registered users. The company was founded in 1996. It was formerly known as Rediff Communication Private Limited and changed its name to Rediff.com India Limited in 2000. The company is headquartered in Mumbai, India. With 29.21 million shares outstanding and 416,900 shares declared short as of July 2008, there is a failure to deliver in shares of REDF. According to quarterly data provided by the SEC, there were still 12,482 shares of REDF that were failing-to-deliver as of September 28, 2007.
UTStarcom Inc. (NASDAQ: UTSI | Quote | Chart | News | PowerRating) designs, manufactures, and sells telecommunications infrastructure, handsets, and customer premise equipment to telecommunications service providers or operators worldwide. It offers wireless handsets and accessories, including digital handsets, hand-held computing devices, batteries, hands-free kits, battery eliminators, cases, and data cables. The company also provides telecommunications infrastructure installation, operation, and maintenance services; and offers software and hardware products, including digital subscriber line products, multi-service access node products, and fiber optics products that enable end users to access high-speed wireline data, voice, and media communication. In addition, it develops and manages Internet protocol (IP) television and related technologies; and provides mSwitch, an IP-based platform providing voice communications over an IP network; RollingStream that is designed to enable carriers to provide television and multimedia services; and personal access system, a wireless core infrastructure equipment designed to offer wireless voice and data services. Further, the company designs and sells CDMA and Multi-Mode handsets. It features handsets with cameras, video recorders and players, high-resolution color displays, multiple ring tones, text messaging service, and high speed Internet access and email capability. Additionally, the company develops and sells wireless IPCDMA/IPGSM product line; and packet data services node product line that connects CDMA cellular network infrastructure equipment to IP network, as well as provides other products, such as IP messaging, transaction gateways and remote access server, which enables users to access network data and services from remote locations. It markets its products through international wireless carriers and their agents, independent distributors, and retailers. UTStarcom was founded in 1991 and is headquartered in Alameda, California. With 125.1 million shares outstanding and 26.9 million shares declared short as of July 2008, there is a failure to deliver in shares of UTSI. According to quarterly data provided by the SEC, there were still 1,409,131 shares of UTSI that were failing-to-deliver as of September 28, 2007.
USA Bank (OTCBB: USBK | Quote | Chart | News | PowerRating) operates as a community bank in New York. It offers deposit products, Internet banking, ATM cards, consumer loans, and residential and commercial loans. U.S.A Bank was founded in 2005 and is based in Port Chester, New York. With 5.75 million shares outstanding and 15,800 shares declared short as of July 2008, there is a failure to deliver in shares of USBK.
Harvey Electronics Inc. (OTC: HRVE | Quote | Chart | News | PowerRating) engages in the retail sale, service, and custom installation of audio, video, and home theater equipment in the United States. Its products include fidelity components and systems, digital versatile disc players, digital video recorders, high definition television, plasma flat-screen and LCD flat panel television sets, integrated remote controls, media servers, audio/video furniture, conventional telephones, MP3 players, iPods, satellite and analog radios, service contracts, and related accessories. The company also sells audio components, including speakers, subwoofers, receivers, amplifiers, preamplifiers, compact disc players, turntables, and tuners; and accessories comprising integrated remote controls, headphones, surge protectors, and projection screens. As of October 28, 2006, the company operated a Bang & Olufsen branded store in Manhattan; six Harvey retail stores in Paramus, New Jersey; Mt. Kisco, Westchester; Greenwich, Connecticut; Greenvale/Roslyn, New York; Eatontown, New Jersey; and Bridgewater, New Jersey; and two Harvey retail stores in Manhattan, New York, as well as a Bang & Olufsen showroom within Harvey retail store in Greenwich, Connecticut. Harvey Electronics was founded in 1926 and is headquartered in Lyndhurst, New Jersey. On December 28, 2007, Harvey Electronics Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York, Manhattan. With 998,667 shares outstanding and 1,300 shares declared short as of July 2008, there is a failure to deliver in shares of HRVE.
Altai Resources Inc (OTC: ARSEF | Quote | Chart | News | PowerRating) operates as a junior natural resource exploration company with a portfolio of natural gas, gold, nickel, and sulphur properties in Canada and the Philippines. It holds a 50% ownership in Malartic gold property comprising 3 claims of approximately 120 hectares; and a 59.40% ownership in Sorel-Trois Rivieres natural gas property comprising 13 oil and gas, and reservoir permits of approximately 114,252 hectares in the province of Quebec. The company, through its 40% equity interest in Altai Philippines Mining Corporation, holds Lahuy Island gold property, Negros Island sulfur property, and Sibuyan Island lateritic nickel-cobalt property in the Philippines. Altai Resources was founded in 1955 and is based in Toronto, Canada. With 28.9 million shares outstanding and 248,600 shares declared short as of July 2008, there is a failure to deliver in shares of ARSEF.
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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.
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