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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
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To: Arcane Lore who wrote (55123)6/1/2000 8:53:00 PM
From: Sid Turtlman  Read Replies (2) of 55532
 
Future Communications was the first time they tried the scam of doing buy-in's at a huge premium to the market price, on the grounds that they were buying stock for guaranteed delivery, as opposed to doing a buy-in at market price from a market maker who wouldn't deliver. Clever racket, but the NASD doesn't let promoters do that anymore, I believe.

BTW, as a general rule, just about every company with the word "Future" in its name eventually collapses.
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