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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?

To: MY OPINION who wrote (51839)	8/22/1998 10:43:00 PM
From: Kurt N	Read Replies (1) \| Respond to of 55532

Wouldn't it be much easier (to effect a short-squeeze) if a private company were to aquire 100% of shares outstanding of RMIL vs. a reverse-merger. In a reverse-merger the public company aquires 100% of the outstanding shares of the private company. This way RMIL doesn't even have to be trading!!!! and the private company would become a public company (since it would have to file a registration with the SEC since it reached the threshold for having to be a reporting company). An offer of 1 private company share for 1 share of RMIL. The beauty is that the shorts (legal/illegal) must either purchase shares [since when you are short you must pay dividends if dividends were paid out or in this case a private company share to the person that you borrowed your share from] from the private company a share (at say $50/share) OR cover their RMIL short. The private (now public) company pays a cash dividend to shareholders. [edit: This is of course assuming that their is a huge short position as asserted by Riley.] [edit2: There probably is some fundamental flaw OR major gotch-ya (probably in the registration and/or various Blue-Sky laws), as I'm saying "Gee. Why didn't anybody come up with this idea earlier??? It's appears to be so simple and may actually work.] Kurt