Very interesting report sent to me this morning by the second largest shareholder of ECU. I have never seen a report such as this before and the source, BUYINS.NET is being contacted. This very large shareholder believes that ECU may have as many as 20-25 million naked-shorts and has been interested in this subject for a long time and done lots of work on this subject. It's his view that ECU could have a move like Samex just experienced if the right circumstances fall into place, like yesterday’s 89% rally on 3 million shares that he feels had some significant short-covering.

GWR

BUYINS.NET Updates SAMEX MINING SqueezeTrigger Report
Ticker Symbol: U:SMXMF

• Approximately 10.14 Million Shares Shorted Since August 2009
• Short Squeeze Underway As Stock Above $0.47 SqueezeTrigger Price

NEWPORT BEACH, Calif., April 20, 2011 (GLOBE NEWSWIRE) -- BUYINS.NET, , a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has updated coverage on SAMEX MINING (OTCBB:SMXMF) after releasing the latest short sale data through April 19, 2011. The total aggregate number of shares shorted since August 2009 is approximately 10.14 million shares. An average of 23.24% of daily volume is short selling. The SqueezeTrigger price for all (OTCBB:SMXMF) shares shorted is $0.47. A significant short squeeze is underway as stock well above its $0.47 SqueezeTrigger.http://www.buyins.net

Click for original Report: http://www.buyins.com/reports/smxmf7-7-10.pdf

Click for updated SqueezeTrigger: http://www.buyins.com/images/smxmfstr4-19-11.jpg

Click for updated Friction Factor: http://www.buyins.com/images/smxmfff4-19-11.jpg

Friction Factor calculates if a fair market is being made in the shares of (OTCBB:SMXMF). 54% of the previous 37 trading days have been positive or bullish-biased and 46% have been negative or bearish-biased.

Regulation SHO requires bona-fide market-making activities to include making purchases and sales in roughly comparable amounts. The Commission has stated that bona-fide market-making DOES NOT include activity that is related to speculative selling strategies or investment purposes of the broker-dealer and is disproportionate to the usual market making patterns or practices of the broker-dealer in that security. Likewise, where a market-maker posts continually at or near the best offer, but does not also post at or near the best bid, the market-maker's activities would not generally qualify as bona-fide market-making. Moreover, a market-maker that continually executes short sales away from its posted quotes would generally not be considered to be engaging in bona-fide market-making.

BUYINS.NET monitors SMXMF market-makers daily for compliance with Fair Market-Making Requirements.

About BUYINS.NET

BUYINS.NET, , monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market-maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies, comparable valuations. Reports include:http://www.buyins.net

REGULATORY & COMPLIANCE NEWS

Friction Factor -- market-maker surveillance system tracking market-makers in all stocks to determine Price Friction and compliance with new "Fair Market-Making Requirements."

RegSHO Naked Shorts -- tracks EVERY failure to deliver in all US stocks and all Threshold Security Lists daily for which stocks have naked short positions.

INVESTMENTS & TRADING

SqueezeTrigger -- 31 billion cell database tracks EVERY short sale (not just total short interest) in all US stocks and calculates volume weighted price that a short squeeze will begin in each stock.

Earnings Edge -- predicts probability, price move and length of move before and after all US stock earnings reports.

Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.

Group Trader -- tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups.

Pattern Scan -- automates tracking of every technical pattern and predicts next move in stocks.

GATS -- tracks known trading strategies.

DISCLAIMER:

BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. SMXMF has paid $995 per month to purchase data to be provided in six monthly reports. SMXMF has not approved the statements made in this release. Please read our report and visit our web site, , for complete risks and disclosures.http://www.buyins.net

CONTACT: BUYINS.NET

Thomas Ronk

800-715-9999

tom@buyins.net

http://www.buyins.net