I did mine yesterday., what is the name of your parallel universe?
Just like you the bolt would not come out and the rivnut just span. I WD40’d it, poured boiling water on it, heated it with a blowtorch (bare frame) and finally I superglued the rivnut in place. After 5mins for the glue to set to my surprise I was then able to turn the bolt and the rivnut stayed in place. I am not sure if skipping to the superglue straight away would have worked on it’s own but that’s what I did. I just put a well greased bolt back in since I am not using the mount at present.
I understand that a rivnut setting tool can be used to tighten loosened rivnuts (it’s a bit like a pop riviter) or there is a longbolt, nut, washer bodge that I may try:
http://blogs.sun.com/chrisg/entry/tightening_a_rivnut
There is loads on the web just google rivnut or nutsert and bike frame.
Good luck.