Hybrid Technologies Inc. (OTCBB: HYBR) Short Interest for the Month of June 2007 483,018 Up 13.59% from Previous Month and Up 34.9% Since February 2007
Las Vegas, NV - June 27, 2007 - Hybrid Technologies, Inc. (OTCBB: HYBR) www.hybridtechnologies.com, emerging leaders in the development and marketing of lithium-powered products worldwide, would like to inform its shareholders of current short activities involved in the downward manipulation of Hybrid Technologies shares.
Shareholders may directly access this Short Interest Position on a monthly basis at the following link: http://www.otcbb.com/asp/OTCE_Short_Interest.asp
The company would also like to make Hybrid shareholders aware of some suspicious stock positions of two companies in particular. Ameritrade Clearing and National Investor Services Corporation report the following positions via DTC and ADP reports.
| 5/11/2007 NOBO # of Shareholders | 5/11/2007 NOBO # of Shares | 5/11/2007 NOBO & OBO # of Shares | 5/11/2007 DTC # of Shares | 5/14/2007 DTC # of Shares | 5/15/2007 DTC # of Shares | |
|---|---|---|---|---|---|---|
| Ameritrade Clearing | 2357 | 1,240,412 | 1,352,579 | 1,227,292 | 1,238,341 | 1,835,993 |
| National Investor Services Corporation | 884 | 617,379 | 644,133 | 587,350 | 587,752 | 1,295 |
In reviewing the above data, Hybrid has opened an inquiry with NASD to investigate what happened to the shares owned by 884 Hybrid shareholders held at National Investors Services Corporation. Hybrid is also curious that this transaction took place the same day as short positions need to be reported to NASD by member firms. At this time Hybrid awaits a response for this inquiry and will update its shareholders of its findings.
About Hybrid Technologies:
http://www.hybridtechnologies.com
For additional information, please contact:
Investor Relations
Telephone (888) 669-1808
Fax: (702) 926-9508
Email: info@hybridtechnologies.com
Forward-Looking Statement
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
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