COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
**********: ASIQ, AUGC, EERG, HQSM, ICOA, SOLM Have Also Been Added To Naked Short List Today
Aug 17, 2006 (M2 PRESSWIRE via COMTEX) -- **********, www.**********, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: ASI Entertainment Inc. (OTCBB: ASIQ), Augrid Corporation (OTC: AUGC), Eternal Energy Corp. (OTCBB: EERG), HQ Sustainable Maritime Industries, Inc. (OTCBB: HQSM), ICOA, Inc. (OTCBB: ICOA), Solomon Technologies, Inc. (OTCBB: SOLM). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.**********. ASI Entertainment Inc. (OTCBB: ASIQ) provides the most affordable in-flight connectivity solution for passengers and crew and is recognized for its innovative and cost effective solutions for airlines. ASiQ has contracts for its systems with Saudi Airlines and AirOne. ASI currently has operations in Australia, Malaysia, and the Unites States, and has plans to open operations in Europe and the Middle East. With 15.89 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of ASIQ.
Augrid Corporation (OTC: AUGC) operates as a technology development firm that specializes in thin cathode ray tube technology. Its subsidiaries specialize in the manufacture, distribution, and development of electronic and display devices, thermocouples, silicon carbide tools, and nanoparticles technology. In addition, the company also develops and markets security-based systems, utilizing radio frequency identification technology. The company was formed under the name Ironwood Ventures, Inc. in August 1995 and changed its name to Augrid of Nevada, Inc. in April 1998. Further, it changed name to Augrid Corporation in July 2002. Augrid is headquartered in Houston, Texas. With 68,000 shares outstanding and an undisclosed short position, there is a failure to deliver in shares of AUGC.
Eternal Energy Corp. (OTCBB: EERG) is an oil and gas company engaged in the exploration for petroleum and natural gas in the State of Nevada and the North Sea. The company was incorporated in Nevada on July 25, 2003 to engage in the acquisition, exploration, and development of natural resource properties. With 41.52 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of EERG.
HQ Sustainable Maritime Industries, Inc. (OTCBB: HQSM) principally engages in aquaculture business through co-operative supply arrangements, ocean product harvesting, and processing and sale of farm-bred and ocean harvested aquatic products. It also engages in the production and sale of marine bio-products and healthcare products. The company's principal products include cross-bred hybrid of tilapia and white-legged shrimp that are exported to the United States, Canada, Japan, and European countries. Its marine bio-products comprise shark cartilage capsule, shark liver oil, and shark liver that are sold principally in People's Republic of China. The company was incorporated in 1989 as Sharon Capital Corporation and changed its name to PEI, Inc. in July 1990. Later, it changed its name to Process Equipment, Inc. in November 1990 and to HQ Sustainable Maritime Industries, Inc. in 2004. HQ Sustainable Maritime Industries is based in Seattle, Washington. With 117.10 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of HQSM.
ICOA, Inc. (OTCBB: ICOA) provides Wi-Fi networks and services in the United States. The company sells, installs, supports, and provides wired and wireless Ethernet and Internet access services, primarily through Wi-Fi public wireless local area networks. It sells Wi-Fi systems with operating and maintenance contracts to airports, hotels, convention centers, restaurants and cafes, resorts, campgrounds, marinas, multiple dwelling units, travel plazas, and higher education institutions. The company also provides service management capabilities, including back office, network management, customer care, and related services to support the on-going operations of Wi-Fi service providers. It also operates Wi-Fi hot spots and Internet access terminals in public locations. As of December 31, 2005, it owned and operated approximately 1,500 broadband access installations. ICQA, Inc. was founded in 1983. It was formerly known as Quintonix, Inc. and changed its name to ICOA, Inc. in 1989. The company is based in Warwick, Rhode Island. With 381.81 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of ICOA.
Solomon Technologies, Inc. (OTCBB: SOLM) engages in the development, engineering, manufacture, license, and sale of electric power drive systems. Its systems incorporate the patented Electric Wheel' and related proprietary technologies. The company principally offers two lines of propulsion systems, ST Electric Wheel' series or STEW that operate with a planetary gear-set; and ST Electric Motor' series or STEM that operate without a planetary gear-set. Its systems consist of the motor and controller, the safety power management distribution unit, the battery bank and battery charger, an e-meter, ammeter, keyswitch, DC breakers, and a throttle control. It also offers optional generators for hybrid charging configurations, optional inverters for AC applications, and a DC to DC charger for maintaining 12v DC house power. Its markets include recreational marine industry for original equipment manufacturer, and retrofit applications and the commercial marine industry, including lifeboats, motor launches, and small military water craft projects. Solomon Technologies was incorporated in 1992 and is based in Tarpon Springs, Florida. With 27.79 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of SOLM.
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