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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation? -- Ignore unavailable to you. Want to Upgrade?

To: rrufff who wrote (2254)	2/1/2007 4:18:47 PM
From: Diamond Daze	Respond to of 5034

WATAIRE IND INC (U-WTAF) - News Release Wataire Industries Announces Commencement of Restructuring Plan 2007-01-31 09:00 ET - News Release TORONTO -- (Business Wire) The Board of Directors of Wataire Industries Inc. (PINK SHEETS:WTAF) announces a major restructuring of the company to commence immediately. The Board of Directors of Wataire Industries Inc. has voted and approved to change the name, symbol and CUSIP number of the company to more accurately reflect the expanded technology strategy the company is pursuing. These transactions will take approximately 10 days to complete. Further restructuring of management is currently under way and will be announced to our shareholders in due course. The company is poised to achieve a significant market breakthrough with its current product line, as well as the completion of an affordable desktop unit, new applications for complementary technologies such as wind and solar energy that can provide total, stand alone water generators. The company intends to maintain an industry leading role in the harvesting of clean drinking water from the abundance of the earth’s atmosphere through aggressive research and development and high quality manufacturing practices. Forward Looking statements are made pursuant to the “Safe Harbor” provisions of The Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company’s products, increased levels of competition for the Company, new products and technological changes, the Company’s dependence on third-party suppliers and other risks detailed, from time to time, in the Company’s periodic reports filed with the Securities and Exchange Commission. Wataire Industries States Concern Over Inaccurate and Unsolicited Spam Messages 2006-05-25 13:41 ET - News Release VANCOUVER, British Columbia -- (Business Wire) -- May 25, 2006 Wataire Industries Inc. (PINK SHEETS:WTAF) has announced that companies unknown to Wataire have been issuing spam releases purporting to provide information about Wataire Industries. The Company categorically denies any contact with such spam purveyors and asks investors to disregard any and all information concerning the company that has not been duly announced by Wataire Industries. We also ask that investors contact us directly if they have questions about information concerning the company that is not readily available through our news releases and filings with regulatory agencies. ¶ In addition,the Company has informed regulatory authorities stating its concern about unapproved and unsolicited news announcements by such third parties whose attempts may distort orderly market activity. ¶ Chairman Phil Fraser stated that "The Company is committed to provide all material information regarding its affairs in a timely and accurate fashion and co-operates fully with regulatory authorities . We believe that investors are entitled to all relevant information regarding publicly traded companies and we will strive to ensure that the company honors this policy." WATAIRE IND INC (U-WTAF) - News Release Wataire Industries Seeks Short Selling Information 2006-08-01 09:00 ET - News Release VANCOUVER, British Columbia -- (Business Wire) -- Aug. 1, 2006 Wataire Industries (PINK SHEETS:WTAF) confirms its ongoing pursuit of authoritative information on the short selling situation that may be affecting shareholder understanding of the company and potential impact on current share prices. ¶ There has been a great deal of speculation about and absence of credible data surrounding both short selling as well as naked short selling which occurs when stock is sold that is not owned and no attempt is made to borrow that stock. NASDS approval of New Rule 3210, which requires clearing agencies to take action on failures to deliver that exist for 13 consecutive days may begin to help clarify the situation. In addition, the OTCBB has begun to report short interest on a monthly basis which may also contribute to a fuller understanding of the nature and extent of short selling and its potential effect on market performance. ¶ The Company intends to vigorously pursue, with the assistance of regulatory agencies, stock exchanges and its industrial relations advisors, more definitive information on short selling practices and their possible impact on share performance. ¶ The Company is committed to providing its shareholders with credible information on all matters material to its business practices, including non speculative short selling information we are able to obtain. ¶ Forward Looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risk and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers and other risks, detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.

To: rrufff who wrote (2254)	2/3/2007 9:05:28 AM
From: sixty2nds	Read Replies (2) \| Respond to of 5034

ATB FRIDAY - 16:20 OSTK Overstock.com anounces lawsuit against prime brokers (15.11 +0.51) Co announces that it has filed a lawsuit in the Superior Court of California, County of San Francisco against Morgan Stanley, Goldman Sachs, Bear Stearns, Bank of America Securities, Bank of New York, Citigroup, Credit Suisse, Deutsche Bank Securities, Merrill Lynch, Pierce, Fenner & Smith, UBS Financial Services, and others. Certain shareholders of the co have joined OSTK in the suit. The suit alleges that the defendants, who control over 80% of the prime brokerage market, participated in a massive, illegal stock market manipulation scheme and that the defendants had no intention of covering such orders with borrowed stock, as they are required to do, causing what are referred to as "fails to deliver." The suit also alleges that the defendants' actions caused and continue to cause dramatic distortions with regard to the nature and amount of trading in the co's stock which have caused the share price of the co's stock to dramatically drop. The suit also alleges that the defendants' actions caused and continue to cause dramatic distortions with regard to the nature and amount of trading in the co's stock which have caused the share price of the co's stock to dramatically drop. The company is seeking damages of $3.48 billion.