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Sunday, 09/24/2006 5:20:27 AM

Sunday, September 24, 2006 5:20:27 AM

Post# of 76867
Reverse Merger is used to squash MM short bs.

Yes, MM's can stretch out the covering of shares owed back but a R/M creates the hammer to call all shares in, by terminating the old company and its shares outstanding.

I believe this is what CEO is trying to do. R/S was step 1. R/M is step 2 to fully squeeze shorts (either retail or broker related).

Still too many shares traded after the R/S, and someone has to cover, especially if R/M is valid. That is why other stocks with similar issues had R/M's and pps went up 400-600% within hours.

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