posted
According to tradersnation, almost another 5 BILLION shares were traded today.
Over 90% of trades were at the .0002 level, accounting for almost $1,000,000!!!!
14 MMs bidding at .0001 ONLY 4 MMs LEFT ON THE .0002 ASK!!! 11 MMs on the .0003 ask
Not a bad follow through. Mondays PRs were really not that great, either. Somebody knows something and MMs are responding to order flow or they are just going to run this themselves.
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SMMW 0.0002 >> released a statement that ********** will receive information regarding the Company's stock made available for the first time July 26, 2006 under SEC regulation SHO. DENVER, CO -- (MARKET WIRE) -- 07/25/06 --9:05:07 AM Summus Works, Inc. (PINKSHEETS: SMMW) released a statement that ********** will receive information regarding the Company's stock made available for the first time July 26, 2006 under SEC regulation SHO. The information detailing short sale activity in the Company's stock will be subsequently presented in **********'s Summus Works updated report in line with the Company's VVV awareness policy.
"Updated NOBO/OBO information in conjunction with our continued relationship with ********** and now our participation in Jack Donnelly's short seller program shows our level of commitment to proactively enhancing shareholder value and affecting the rise in price per share necessary to execute pending and future mergers and acquisitions," said Summus Works President Dan Burgess, referring to the Company's decision last week to retain the services of Denver-based Executive Registrar & Transfer, Inc.
Summus Works, Inc. (PINKSHEETS: SMMW) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Investor Relations Contact: SmallCapVoice.com Stuart T. Smith 512-267-2430 Email Contact
Company Contact: Summus Works, Inc. Dan Burgess 888-607-9495 Email Contact
-------------------- The difference between genius and stupidity is that genius has its limits
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