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Microcap & Penny Stocks : AWLT wines and gourmet food - Italy Direct

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To: michael d kugler who wrote (319)12/23/1997 2:02:00 AM
From: Riley G  Read Replies (1) of 2595
 
To: Jimily (23879 )
From: Riley G Tuesday, Dec 23 1997 1:54AM EST
Reply # of 23941

They are and it's not a bad thing as the HIGH ILLEGAL NAKED Short position may be uncovered by them! I and all other longs welcomed the 10 free days we are getting to force the brokerage firms to get off their backsides and demand for the RMIL stock certificates in NAME form. As we are approx 78,000 shares away from the float being completely issued in NAME form and we have approx 460,000 being requested for those 78,000 shares. Plus another 400,000 RMIL shares in IRA about ready to be demanded in NAME form! There is no way 860,000 shares can be convereted when approx 78,000 shares are available. The MM and the shorts have been caught with their pants down around their ankles and are pulling all the stop to stop the pending short squeeze!

Riley G
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To: Riley G (23866 )
From: Jimily Monday, Dec 22 1997 10:15PM EST
Reply # of 23941

Thought the SEC was investigating RMIL???
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