Techs Loanstar Responds to Shareholder Inquiries Regarding Recent Trading Volume in the Company’s Common Stock
Marketwire “Press Releases “
WEST PALM BEACH, FL — (MARKET WIRE) — 10/28/10 — Techs Loanstar, Inc. (OTCBB: TCLN) (“Techs” or the “Company”), a company in the social network industry through its wholly owned subsidiary ZenZuu USA, Inc (“ZZUSA”), today announced that although the Company does not have specific firsthand knowledge of short sales in the Company’s common stock, it has obtained certain data regarding the short selling over the last week. Pursuant to a Securities and Exchange Commission request, the Financial Regulatory Agency (“FINRA”) has agreed to make reported short sale trade data publicly available. Based on review of the daily short sale volume files which provides aggregated volume by security on all short sale trades executed and reported to a FINRA reporting facility during normal market hours, as well as discussion with a FINRA representative, the following represents the daily short selling of the common stock on the following days:
October 27th 324,560 October 26th 1,778,044 October 25th 779,872 October 22th 440,342 October 21st 3,198,937 October 20th 439,150
The above information is available at http://regsho.finra.org/regsho-Index.html Once there, scroll to the bottom of the page to “ORF,” click on a date and once again scroll through the list of securities till reaching TCLN. The report also gives the total shares traded during normal market hours.