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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
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To: Jimtk who wrote (37704)1/22/1998 5:35:00 PM
From: Pugs  Read Replies (2) of 55532
 
THe MM's can't walk away until they cover their short. Estimated short position = 5-6MM shares ( naked )
The MM's are waiting for the 10K, The co. won't release the 10K until the $10MM is rec'd 1/28. BTW, the investor has been making regular visits to the bottling facilities.
The $3MM investor is well aware of the short position. His intentions are not yet confirmed.
The merger was designed, IMO, not only for RMCW to become a publically traded co.( RMIL ) but to bust the short.
SOLIDARITY
Pugs
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