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Approximately 22.43 Million Shares Shorted Since August 2011
- Short Squeeze Expected When Stock Crosses Above $0.07 SqueezeTrigger Price
LOS ANGELES, Nov. 10, 2014 (GLOBE NEWSWIRE) -- Everlert, Inc. (OTC:EVLI) announced today that BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has updated coverage on Everlert after releasing the latest short sale data through November 7, 2014. The total aggregate number of shares shorted since August 2011 is approximately 22.43 million shares. Approximately 27.26% of daily trading volume is short selling. The SqueezeTrigger price for all EVLI shares shorted is $0.07. A short squeeze is expected to begin when shares of EVLI close above the $0.07 SqueezeTrigger price.
Click for original Report: http://www.buyins.com/reports/evli8-27-14.pdf
Click for updated SqueezeTrigger: http://www.buyins.com/images2/evlistr11-10-14.jpg
Click for updated Friction Factor: http://www.buyins.com/images2/evliff11-10-14.jpg
Click here for detailed explanation: http://www.buyins.com/brochure.pdf
Friction Factor calculates if a fair market is being made in the shares of EVLI. 34% of the previous 38 trading days have been positive or bullish-biased and 66% have been negative or bearish-biased.
Regulation SHO requires bona-fide market-making activities to include making purchases and sales in roughly comparable amounts. The Commission has stated that bona-fide market-making DOES NOT include activity that is related to speculative selling strategies or investment purposes of the broker-dealer and is disproportionate to the usual market making patterns or practices of the broker-dealer in that security. Likewise, where a market-maker posts continually at or near the best offer, but does not also post at or near the best bid, the market-maker's activities would not generally qualify as bona-fide market-making. Moreover, a market-maker that continually executes short sales away from its posted quotes would generally not be considered to be engaging in bona-fide market-making.
BUYINS.NET monitors EVLI market-makers daily for compliance with Fair Market-Making Requirements.
About EVERLERT, Inc.
Everlert, Inc. is in the business of Mail Management solutions and management through Totalpost Services, Inc., it is one of the most prominent providers of quality ink cartridges in the U.S. postage meter industry. Pitney Bowes, Neopost/Hasler, FP are a few of the meter cartridge manufactures that Everlert produces and distributes compatible cartridges for their machines. Virtually all U.S. based businesses use a postage meter cartridge on a daily basis to fulfill their mailing needs, creating a large demand for our quality cartridges. The Company has also recently started an entertainment segment named Everlert Entertainment LLC that is focused on developing multiple entertainment projects that range from holding music rights, producing movies, utilizing top celebrities to promote products, and developing disruptive new entertainment technologies.
Totalpost's brand and reputation is expanding into other highly profitable business markets such as mailroom equipment, mailroom services, returned mail recycling, disaster planning and recovery for the mail recovery functionality for companies, and its Forensic and Security Division for representation of its line of forensic and security x-ray scanning equipment. Our purpose is to create added value through enhancements and other improvements. Everlert, Inc. is a Nevada corporation and its corporate operations are located in Monrovia, California.
DISCLAIMER:
BUYINS.NET is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. EVLI has paid a non-affiliate $1,117 per month for six months of data provided in this report. EVLI has not approved the statements made in this release. Please read our report and visit our web site, http://www.buyins.net, for complete risks and disclosures.
Forward-Looking Statements
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will,'' "anticipates,'' "believes,'' "plans,'' "goal,'' "expects,'' "future,'' "intends,'' and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release.