Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) Message Board

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

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To: Buster who wrote (25669)	12/10/1997 3:38:00 PM
From: spinynorman1323	Read Replies (1) of 55532

Buster, If ANYONE owns 144 restricted shares, they must register them when selling on the open market. ie. If RMIL gave me those restricted shares as payment for fixing their plumbing and they are now off restriction and I decided to register/sell them, I would show up there as well. Also, if I'm not mistaken 144s are already issued and owned, so registration would show intent to sell or already having sold. The % rule you might be thinking of pertains to Forms 3,4 and 5 (beneficial ownership) whereby directors/officers/etc with 10% or more have to file a statement of ownership. This freeedgar URL has a nice description of all the forms. freeedgar.com And this shows the description of the codes for who filed 144s in the insidertrader tables (on the RMIL filing the code is N or "none", meaning not an insider). insidertrader.com Hope this description isn't too detailed for the info you wanted. And no I'm not a plumber. -g- Mark

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