Replies to post #37480 on Rimrock Gold Corp (RMRK)

[janice shell]

That isn't how reverse mergers work. RMRK presumably has no money, and so is in no position to acquire CRCW's assets.

As I understand it, CRCW is a significant RMRK creditor, and so, apparently, could control the shell. But since both are public OTC companies, any contemplated merger would have to by run by FINRA for processing. Given the suspension of CRCW, FINRA could, if it saw fit, refuse to process the merger.

http://finra.complinet.com/en/display/display_main.html?rbid=2403&element_id=9364