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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
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To: Dan Merfeld who wrote (30774)12/28/1997 11:49:00 AM
From: Hawkmoon  Read Replies (1) of 55532
 
Dan,

You raise some interesting points. I think the RMIL story has become the focus of what is both good and bad about Silicon Investor and the Internet overall.

I know that certain personalities who lurk here and have been primarily responsible for the outrageous claims surrounding RMIL continue to draw me. Let's face it. This has become personal for whatever reason. I myself have begun to derive a twisted, somewhat ghoulish joy out of slamming Riley and Pugs because I think they are responsible for encouraging most of you to invest you money in RMIL or to continue to hold your shares.

However, RMIL shareholders continued to IGNORE and discount the scenarios that we were laying out for them given our combined experience with other stock frauds.

But while I rather enjoy watching Pugs squirm under the burden of his own stupidity, I also have a genuine interest in learning the story "behind the story". I would like to know just how much misrepresentation Morgan and Breton has been guilty of. Call it ghoulish, but there is a lesson to be learned even from the worst experience. And you know, I think that since many of us have learned this lesson personally by being scammed ourselves we feel compelled to confront company managers attempting to perpetrate fraud upon others. If we don't then who will?? The Yeas?? And since we can't short this stock, then we have to settle for being disinterested Nays. I actually wish this stock had reached $10, then you would have had to deal with Nays with a vested interest since they would be openly short. If you can't handle disinterested Nays, what makes you believe open shorts posting out here would have been any easier to manage??

The repercussions of the RMIL story will be that future short squeezes will always be measured for merit against the RMIL story.
They will be looked at for fundamentals and management ability. They will be scrutinized for accuracy in filings and releases.

The overall effect will be that mismanaged companies will swim or sink on their own merits... not on manufactured hype stories from pumpsters and dumpsters.

And you all played a part in history.

Regards,

Ron
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