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TMCNet:  RPTN, IDOI, CHNG, SGAS, NDBAY Have Been Removed From Naked Short List Today

[July 03, 2009]

RPTN, IDOI, CHNG, SGAS, NDBAY Have Been Removed From Naked Short List Today

(M2 PressWIRE Via Acquire Media NewsEdge) BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold list: Raptor Networks Technology Inc. (OTCBB: RPTN), Ido Security Inc. (OTCBB: IDOI), China Natural Gas, Inc. (NASDAQ: CHNG), Sino Gas International Holdings, Inc. (OTCBB: SGAS), Nordea Bank AB (OTC: NDBAY). 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.buyins.net.

Raptor Networks Technology Inc. (OTCBB: RPTN) engages in the design, production, and sale of standards-based, proprietary high-speed network switching technologies. The company provides integrated high-speed Ethernet switching systems for high-bandwidth applications, including video, storage, Internet protocol telephony, and technology refresh. Its products include ER-1010 1Gb/GbE and 10Gb/GbE network switch that reduces inter-network disconnects and moves data at high speeds; ER-1010E, which enhances the ER-1010 performance; OR-1048, a 48-port 1GbE edge switch for management functions and Web management; and network interface cards, which provide users with 2, 4, or 6 1Gigabit Ethernet ports for hooking up personal computers and servers to the network through Ethernet switches. The company was founded in 2003 and is headquartered in Santa Ana, California. With 74.07 million shares outstanding and 29,800 shares declared short as of June 2009, there is no longer a failure to deliver in shares of RPTN. According to quarterly data provided by the SEC, there were still 1,339,190 shares of RPTN that were failing-to-deliver as of May 10, 2007.

Ido Security Inc. (OTCBB: IDOI) engages in the design, development, and marketing of technology based security systems for the homeland security and loss prevention markets. Its products are used in security screening procedures and are designed to detect ferrous and non-ferrous metallic objects concealed on or in shoes, ankles, and feet through the use of electro-magnetic fields. The company offers MagShoe, which is used to detect metallic items during security screenings, as well as at security checkpoints in venues, such as schools, prisons, commercial aviation and maritime facilities, rail transportation, shopping centers/places of entertainment, business facilities bus and train stations, border crossings, government institutions/buildings, critical infrastructure, and defense facilities. IDO Security was founded in 2002 and is based in New York, New York. With 989.65 million shares outstanding and 27,700 shares declared short as of June 2009, there is no longer a failure to deliver in shares of IDOI. According to quarterly data provided by the SEC, there were still 454,510 shares of IDOI that were failing-to-deliver as of June 30, 2008.

China Natural Gas, Inc. (NASDAQ: CHNG) through its subsidiaries, distributes and sells natural gas and gasoline to commercial, industrial, and residential customers in the Xian area, including Lantian County, and the Lintong and Baqiao Districts of Shaanxi province of the Peoples' Republic of China. The company also engages in the construction of pipeline networks. It offers natural gas through a network of approximately 120 kilometers of high pressure pipelines. The company also distributes and sells compressed natural gas (CNG) as vehicular fuel through a network of CNG filling stations in Shaanxi and Henan Provinces. As of December 31, 2008, it distributed and sold natural gas to approximately 96,033 homes and businesses. In addition, China Natural Gas engages in the conversion of gasoline-fueled vehicles to hybrid powered vehicles. It owned and operated 23 CNG filling stations in the Xi'an metropolitan area and 12 natural gas filling stations in Henan Province. The company was formerly known as Coventure International, Inc. and changed its name to China Natural Gas, Inc. in December 2005. China Natural Gas was incorporated in 1999 and is based in Xian, the People's Republic of China. With 14.60 million shares outstanding and an undisclosed short position, there is no longer a failure to deliver in shares of CHNG. According to quarterly data provided by the SEC, there were still 716,354 shares of CHNG that were failing-to-deliver as of December 18, 2007.

Sino Gas International Holdings, Inc. (OTCBB: SGAS) through its subsidiaries, engages in the development of natural gas distribution systems; and the distribution of natural gas to residential and industrial customers. It owns and operates natural gas distribution systems in small and medium sized cities in Hebei, Jiangsu, Jilin, and Anhui Provinces; and natural gas distribution systems in the suburbs of Beijing in the People's Republic of China. The company's business activities include development and construction of local gas distribution networks, transportation of natural gas from suppliers to its storage facilities, and operating and maintaining gas distribution networks. Sino Gas International Holdings, through its 40% interest in Beijing Zhong Ran Xiang Ke Oil and Gas Technology Co. Ltd., engages in the development, licensing, and sale of oil and gas technologies and equipment, and sale of self-produced products. The company's industrial customers include owners of hotels, restaurants, office buildings, shopping centers, hospitals, educational establishments, sports and leisure facilities, and exhibition halls. As of December 31, 2008, it owned and operated 37 natural gas distribution systems serving approximately 100,900 residential and 5 industrial customers, which include approximately 710 kilometers of pipeline and delivery networks with a daily distribution of approximately 89,000 cubic meters of natural gas. With 25.3 million shares outstanding and an undisclosed short position, there is no longer a failure to deliver in shares of SGAS. According to quarterly data provided by the SEC, there were still 82,707 shares of SGAS that were failing-to-deliver as of April 10, 2008.

Nordea Bank AB (OTC: NDBAY) provides financial services to the personal and corporate customers in the Nordic and Baltic Sea region. The company primarily offers various bank-to-bank services, which include accounts, payments, and clearing services in various currencies; trade finance services, such as advising on hedging, market conditions, finance practice, and routines for document processing in export and import transactions; export finance services, including short-term discounting of receivables, forfeiting, export credit agency backed export credits, supplier and buyer credits, and leasing and structured export finance; project finance services that arrange financing and guarantee packages for large-scale projects, such as power plants, pulp mills, and telecommunication networks; inter-bank trading activities; and custody services. It also develops and markets various investment funds comprising equity, fixed income, mixed funds, and hedge funds, as well as engages in the investment management business. In addition, Nordea Bank offers cash management services; corporate finance services, including financial advice in connection with equity issues, initial public offerings, privatizations, and merger and acquisition transactions; life insurance and pensions products; individual private banking services to personal customers and medium-sized institutions; risk management services; and securities services. As of December 31, 2008, it operated 1,400 branches and call centers. With 100 shares declared short as of June 2009, there is no longer a failure to deliver in shares of NDBAY.

About BUYINS.NET 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. Buyins.net 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.

BUYINS.NET has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted, www.buyins.net/squeezetrigger.pdf. The SqueezeTrigger database of nearly 2,650,000,000 short sale transactions goes back to January 1, 2005, and calculates the exact price at which the Total Short Interest is short in each stock. 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 Buyins.net to access the data.

The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month's short transactions, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money.

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. 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 may receive compensation in cash or shares from independent third parties or from the companies mentioned.

BUYINS.NET affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. Market commentary provided by Thomas Ronk.

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 release contains "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 companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.

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.

((Comments on this story may be sent to info@m2.com)) (c) 2009 M2 COMMUNICATIONS

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