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

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To: Pugs who wrote (29812)12/23/1997 10:00:00 AM
From: (Bob) Zumbrunnen  Read Replies (2) of 55532
 
RMIL is complying to the SEC's request to come up with their financials.

I suggest you go re-read the SEC statement regarding shutting down trading. The SEC has not, according to their own statement, requested financials from RMIL and the late financials have zippo to do with the SEC's actions. The lateness is not an issue. No "revelance". Okay?

The financials will disclose the assets.

Ahhhh, but there's the rub. The SEC seems concerned that the financials will not disclose the *true* assets. Figures don't lie, unless liars do the figuring.

Personally, I don't care which way this one pans out, but am just very curious to see the SEC in action and how they handle it.

Personally, I've sent complaints to the SEC regarding HCCA, and how they were issuing press releases that proved lies that were in their filings, but the SEC has done nothing. When they don't take action on something that was an obvious scam, yet take action on a company that has the hallmarks of scam, but is not undeniably one (IMO), I get very curious about the process and why it's different here.
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