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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
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To: Just My Opinion who wrote (36189)1/12/1998 6:46:00 PM
From: Sid Turtlman  Read Replies (1) of 55532
 
al-len: The old filings are out of date. Even if they were honest (which they were not) they would describe what was happening a year ago. The SEC has deadlines (45 days after a quarter for a 10-Q, 90 days after the end of the fiscal year for a 10-K) when it wants the documents to be submitted. And it really doesn't like false information on them, or violations of accounting rules.

So until RMIL submits up to date filings, and they are honest, and the 10-K has been audited by a CPA authorized to practice before the SEC, the company is not in compliance.
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