SOURCE: Impact Fusion International, Inc.

Impact Fusion International, Inc.

December 01, 2009 09:34 ET

Impact Fusion International (IFUS) SqueezeTrigger Price Is $0.066; Approximately 1.8 Million Shares Shorted Since June 2009 According to BUYINS.NET Research Report

MARGATE, FL--(Marketwire - December 1, 2009) - Impact Fusion International (PINKSHEETS: IFUS) announced today that BUYINS.NET, www.buyins.net, is re-iterating coverage of Impact Fusion International after releasing the latest short sale data to November 2009. From June 2009 to November 2009 approximately 23.5 million total aggregate shares of IFUS have traded for a total dollar value of approximately $1.55 million. The total aggregate number of shares shorted in this time period is approximately 1.8 million shares. The IFUS SqueezeTrigger price of $0.066 is the volume weighted average short price of all short selling in IFUS. A short squeeze is expected to begin when shares of IFUS close above $0.066. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.

In late October 2009 the SEC updated Regulation SHO requiring that all short sellers must locate, borrow and deliver any shares they have shorted, no exceptions, by T+3 settlement date. If not, a buy-in must be forced by the broker dealer that the short seller transacted through by the opening of the market on T+4. Since a company first appears on the naked short list when short sellers have been failing to deliver for 5 consecutive trading days, IFUS should theoretically never be on the naked short list. BUYINS.NET will monitor the OTC naked short list daily and issue an alert and notify the SEC and FINRA should short sellers fail to deliver and IFUS appears on the exchange's Threshold Security List.

About Impact Fusion International

Impact Fusion International, Inc. is in the business of marketing products in the "Health and Wellness" sector of all international markets. It is the company's mission to invent, develop and market these proprietary products worldwide for the health and well being of humans and animals.

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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.

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 company's annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.

Contact Information

  • Contact:
    Impact Fusion International, Inc.
    1-866-716-6668
    www.impactfusionintl.com

    Premier Media Services
    Kelly Black
    President
    480-649-8224