SOURCE: Diamant Art Corporation

April 10, 2007 09:00 ET

Diamant Art Corporation (DIAAF) Approximately 351.6 Million Shares Shorted Since May 2005 According to Research Report

TORONTO -- (MARKET WIRE) -- April 10, 2007 -- Diamant Art Corporation (OTCBB: DIAAF) announced today that BUYINS.NET,, is initiating coverage of Diamant Art Corporation (OTCBB: DIAAF) after releasing the latest short sale data to April 2007. From May 2005 to April 2007 approximately 4.6 billion total aggregate shares of DIAAF have traded for a total dollar value of nearly $29.5 million. The total aggregate number of shares shorted in this time period is approximately 351.6 million shares. The DIAAF SqueezeTrigger price of $0.0065 is the volume weighted average short price of all short selling in DIAAF. The next short squeeze is expected to begin when shares of DIAAF close above $.0015, where approximately 9 million shares have previously been shorted. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit

The Totals below are represented from the dates of May 2005 to April 2007

           Total Vol.      Short Vol.    Avg. Price    Short $ Value
           ----------      ----------    ----------    -------------
Total:   4,566,016,416     351,583,264     $0.0065      $2,274,650

*short volume is approximated using a proprietary algorithm.
**average short price is calculated using a volume weighted average short
***short volume is the total short trade volume and does not account for
About Diamant Art Corporation

Diamant Film Corporation, through its wholly owned subsidiary Diamant Film Inc., has distribution and manufacturing rights for Diamant™ film, a non-PVC food stretch film and its bio-degradable products made from TDPA technology.

Diamant Bio-Products contain Totally Degradable Plastic Additive (TDPA) Oxo-Biodegradable Technology. TDPA-based plastic products will degrade and ultimately biodegrade. Unlike other plastic, once biodegrading is complete, all that remains is carbon dioxide, water and biomass, all of which are part of the normal bio-cycle.

Diamant™ film is the world's first plasticizer-free stretch film based on polystyrene and the first food wrap film that is environmentally friendly and recyclable. Diamant™ film has recently received the ECO logo certified by the Environmental Choice (M) Program. The Environmental Choice (M) Program is North America's leading benchmark of environmentally responsible products and services. Diamant™ film has successfully met the criteria for both the environmental and performance standards.


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. 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 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 to access the data.

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. Diamant Art Corporation has paid $995.00 to purchase data for information provided in this report. The data service can be cancelled 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.

This information is deemed reliable, but not guaranteed. All information and data is provided "as is" without warranty or guarantee of any kind.

Please seek investment and/or trading advice, council, information or services from a securities professional. 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.

This release may contain "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 6-K or 20F and other filings made by such company with the SEC. Further Diamant Art Corporation and its wholly owned subsidiaries, Diamant Film Inc and Bio-Plastics Film Inc. do not condone or participate in spam activities, e-mail and fax programs of any manner.

Contact Information

  • Contact:
    Stefan Gudmundsson
    CEO and President
    Diamant Film Inc.