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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)

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To: s martin who wrote (8834)10/25/1997 7:36:00 PM
From: PUHRTY  Read Replies (3) of 55532
 
s martin

It is Ok to short in Canada, but the rules are hard to live with. Canadian firms do not have to file the short report with the SEC. Also, most important to remember that any shorting in Canada is legal because they follow their rules.

As far as your comment about blue sky laws, they only apply to public companies. RMCW is not a public company. OVIS should have been blue skied, but they couldn't because they did not have a certified audit.
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