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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
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To: TLWatson59 who wrote (37773)1/23/1998 1:19:00 PM
From: tonto  Read Replies (2) of 55532
 
TL, to the best of my knowledge, the company owes their auditors a considerable amount of money, it has not had sufficient working capital for some time and has not been able to issue nor have the work done on the 10K. That is the most reasonable explanation for the lack of financials and the idea of wanting to include events that happened or may happen in a later time period of course is doubtful.

The company advised several people that it had released to the market maker sufficient information for trading to resume, once the mm files with the NASD. Sharpe's compliance has withheld authorization up to the last time I checked, but they will not disclose why. Something is wrong there and I assumed it was the lack of current financials, but that assumption goes against previous corporate statements.
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