No short selling here!
23 October 2010 Scottsdale
Image: Shutterstock
DeFi Global, Inc. (PINKSHEETS: LCHL) announced today that BUYINS.NET, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on the Company.
DeFi Global recently hired the firm to monitor the Company's daily trading, identify any potential misconduct, and deliver an in-depth analysis of any short selling taking place.
"We sought out a firm such as BUYINS.NET to ensure that LCHL adheres to the highest standards of corporate responsibility. While reports such as that published by BUYINS.NET are not required by law, DeFi took this extra step as a proactive measure to increase our transparency and accountability to our shareholders," said Jeff Rice, CEO of DeFi Global, Inc.
"We are pleased to report that BUYINS.NET found that the majority of the activity over the past 20 trading days was positive or bullish-biased based. We think this demonstrates an increased confidence in our Company and a positive outlook for our future."
DeFi Global recently hired the firm to monitor the Company's daily trading, identify any potential misconduct, and deliver an in-depth analysis of any short selling taking place.
"We sought out a firm such as BUYINS.NET to ensure that LCHL adheres to the highest standards of corporate responsibility. While reports such as that published by BUYINS.NET are not required by law, DeFi took this extra step as a proactive measure to increase our transparency and accountability to our shareholders," said Jeff Rice, CEO of DeFi Global, Inc.
"We are pleased to report that BUYINS.NET found that the majority of the activity over the past 20 trading days was positive or bullish-biased based. We think this demonstrates an increased confidence in our Company and a positive outlook for our future."
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
