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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
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To: I Am John Galt who wrote (52886)10/28/1998 10:34:00 AM
From: s martin  Read Replies (2) of 55532
 
>>Sometimes the difference is not clear cut, as evidenced in WWII Germany. The difference between Germany and the situation here is two-fold: 1)They admitted they were wrong, and 2)We didn't make them admit they were wrong. <<

Not too sure I follow the logic here. The lies were numerous and easily disproved. All that was needed was a telephone, numbers were provided on the thread. OVIS claimed to have contracts with stores that they didn't have. They claimed to be in production in plants they didn't own anymore. They claimed to be merging with a water company that was not in production and was not distributing water.

These were lies, they were proven to be lies. Riley & Co. perpetrated the lies about the company's business. There was no way to determine whether there was a short position because the company it seems was issuing stock faster than any computer can count. There was no way to determine the float except to take Morgan's word for it and I think it was illustrated that his "word" wasn't reliable. At least that's what the SEC told us.

Surely you don't think they were truthful about the short position when they were lying about the business ?
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