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BUYINS.NET: AFPC, GLOB, INBG, MODI, MVTG, RNWF Have Also Been Removed From Naked Short List Today

Mon. July 21, 2008; Posted: 10:04 AM
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Jul 21, 2008 (M2 PRESSWIRE via COMTEX) -- RNWF | Quote | Chart | News | PowerRating -- BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold list: AFP Imaging Corp. (OTCBB: AFPC), Global Med Technologies Inc. (OTCBB: GLOB), International Building Technologies Group Inc. (OTCBB: INBG), Metro One Development Inc. (OTCBB: MODI), Mantra Venture Group Ltd. (OTCBB: MVTG), Renewal Fuels Inc. (OTCBB: RNWF). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.buyins.net.

AFP Imaging Corp. (OTCBB: AFPC | Quote | Chart | News | PowerRating) through its subsidiaries, engages in designing, developing, manufacturing, and distributing equipment for generating and/or capturing medical and dental diagnostic images in the United States and internationally. Its products utilize electronic and radiographic technologies, as well as the chemical processing of photosensitive materials. The company's products include dental CT scanners that generate and reconstruct three-dimensional images of the teeth, jaws and surrounding dental anatomy, which are used by used primarily by dentists, implant specialists, oral surgeons, and orthodontists, as well as ear, nose and throat medical specialists; and film-less, digital radiography sensors in various image format sizes, utilizing x-rays and electronic imaging software, which generates and captures two dimensional, dental x-ray images with these sensors, in place of film, and then displays them. It also distributes digital and analog dental x-ray machines manufactured by third parties; manufactures and distributes a line of x-ray tables and related equipment specifically designed for the veterinary marketplace; and manufactures and distributes a line of medical, dental and industrial x-ray film processors. It offers its products to end users and independent medical and dental dealers or distributors. The company was founded in 1978 and is based in Elmsford, New York. With 17.93 million shares outstanding and 45,900 shares declared short as of July 2008, there is no longer a failure to deliver in shares of AFPC.

Global Med Technologies Inc. (OTCBB: GLOB | Quote | Chart | News | PowerRating) designs, develops, markets, and supports information management software products for blood banks, hospitals, centralized transfusion centers, and other health care related facilities in the United States, Africa, Canada, and the Caribbean. Its products include SafeTrace, which is used to assist community blood centers, hospitals, plasma centers, and outpatient clinics for the collection and management of blood and blood products; SafeTrace Tx, a transfusion management information system designed for hospitals and centralized transfusion centers to enable the quality of blood transfused into patient-recipients; and ElDorado Donor, a blood management software application designed to provide the information system needs of blood banks and donor centers. The company, through its subsidiary, PeopleMed.com, Inc., (PeopleMed) develops a software application designed to provide HMO providers and other third party payers access to clinical information for chronic disease patients. PeopleMed supports chronic disease management as an application service provider and its system uses the Internet to co-ordinate sources of information and users of a patient's clinical information, including laboratory, pharmacy, primary and specialty care providers, claims, and medical records. Global Med Technologies also involves in licensing software; the provision of maintenance, consulting, and support services; and in the resale of software obtained from vendors. The company was founded in 1989 and is based in Lakewood, Colorado. With 26.94 million shares outstanding and 28,500 shares declared short as of July 2008, there is no longer a failure to deliver in shares of GLOB. According to quarterly data provided by the SEC, there were still 223,646 shares of GLOB that were failing-to-deliver as of September 28, 2007.

International Building Technologies Group Inc. (OTCBB: INBG | Quote | Chart | News | PowerRating) engages in the manufacture and sale of light weight building panels used in construction worldwide. It also provides customers with architectural design, panel supply, installation supervision, engineering, training, and technical support. The company's building panels have applications in residential homes, schools, high rise buildings, churches, condominiums, mining shafts, hospitals, fences and walls, vacation lodges, medical care centers, and community buildings. International Building Technologies Group is based in Alameda, California with an additional office in Shanghai, the People's Republic of China. With 113.09 million shares outstanding and 913,100 shares declared short as of July 2008, there is no longer a failure to deliver in shares of INBG.

Metro One Development Inc. (OTCBB: MODI | Quote | Chart | News | PowerRating) plans to develop business as a custom builder and property developer in the greater Toronto area. The company plans to acquire and renovate, either on a contract or speculative basis, properties for development or repurpose, after feasibility studies into the strong real estate appreciation potential of an area. Metro One Development, Inc. plans to strategically target growing affluent areas. As a broad spectrum developer and innovator that intends to cater to the consistently strong greater Toronto real estate market, the company intends to offer unique and exclusively designed -- and of exceptional quality - housing, commercial, retail and industrial properties. With 370,859 shares outstanding and 500 shares declared short as of July 2008, there is no longer a failure to deliver in shares of MODI.

Mantra Venture Group Ltd. (OTCBB: MVTG | Quote | Chart | News | PowerRating) through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable, socially and environmentally responsible investment for its shareholders. Mantra is a public company quoted on the OTC BB under the symbol MVTG and on the Frankfurt Stock Exchange under the symbol 5MV. With 20.74 million shares outstanding and 4,100 shares declared short as of July 2008, there is no longer a failure to deliver in shares of MVTG.

Renewal Fuels Inc. (OTCBB: RNWF | Quote | Chart | News | PowerRating) engages in designing, developing, manufacturing, and marketing biodiesel processing equipment and accessories in the United States. It offers FuelMeister line of biodiesel processors, which allow users to convert waste vegetable oil into biodiesel. The company, thorough its subsidiaries, also develops BiodieselMaster, a community-scale biodiesel processing plant for customers, including small communities, farms, farm co-ops, and trucking fleets, as well as engages in growing cellulosic feedstock for the biofuels industry. It sells and distributes its products through a network of dealers and third party sales associates, as well as directly through its Website at www.fuelmeister.com. The company is based in Milwaukee, Wisconsin. With 30.77 million shares outstanding and 60,100 shares declared short as of July 2008, there is no longer a failure to deliver in shares of RNWF.

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, www.buyins.net/squeezetrigger.pdf. The SqueezeTrigger database of nearly 2,050,000,000 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.

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. 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 may receive compensation in cash or shares from independent third parties or from the companies mentioned.

BUYINS.NET affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. Market commentary provided by Thomas Ronk.

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.

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 Securities and Exchange Commission.

You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and BUYINS.NET undertakes no obligation to update such statements.

CONTACT: Thomas Ronk, CEO, BUYINS.NET Tel: +1 800 715 9999 e-mail: Tom@buyins.net WWW: http://www.buyins.net

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

For full details for AFPC click here.

    


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