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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed -- Ignore unavailable to you. Want to Upgrade?

To: Janice Shell who wrote (8309)	8/12/1998 2:07:00 PM
From: Jetter	Read Replies (1) \| Respond to of 11684

By allowing you to do it... You don't need to be a market maker or a brokerage... The IBC simply allows you to form a company, and that company can then open a brokerage account, in a jurisdication that will allow shorting OTC BB stocks... Take Canada for example. You could start a Canadian Corp. and then open a brokerage account and short OTC BB's. The problem is that as an individual US citizen you would not be allowed to do this, as a canadian corp you would. Problem- for a canadian corp. you would need to have a majority of the directors be canadian. Solution-find an offshore jurisdication that would allow shorting of OTC bb and that would allow US citizens to open IBC's their. And if you are smart, you could find a jurisdication with favorable tax advantages...