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

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To: michael d kugler who wrote (35878)1/12/1998 12:04:00 AM
From: Riley G  Read Replies (1) of 55532
 
To all and not Kugler,
At 09:20 PM 1/11/98 -0800, you wrote:
>> This has been answered many times.
>> You can sell shares not in your account. YOU JUST HAVE TO SEND THE RMIL
>> CERTIFICATE TO THE BROKERAGE FIRM THAT YOU SOLD THEM THROUGH! You don't
>> have to send them in before you sell them, doing so ONLY place the shares
>> back out in the market.
>
> I have heard that many times also. But when I talked to DLJ Direct they said
>
>because it is a BB stock they would have to have my certs in my account
>before
>they would be able to sell them. I didn't want to go back to E*Trade if I
>could go
>to DLJ Direct. I will call them both back a get a definite answer. Thanks for
>responding to my request.

Then ask yourself how Dempsey Mork sold his reported 100k RMIL shares!
You don't need to deposit the shares prior to selling, you sell shares not
in account and then deliver them within the T+3 time frame (FedEx, or hand
delivery, etc...)!

Riley G
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