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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
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To: Ditchdigger who wrote (37820)1/23/1998 6:39:00 PM
From: Mr. Dendro  Read Replies (4) of 55532
 
Personally, I believe all this flap over the 10K to be a red herring. Sure, I'd like to see the 10K, but so many things have happened since the end of June (merger, loss of factory in Nicarugua, etc) that the 10K will not really present the true face of the company. This company needs to get up to date on its filings. By Feb. 15, shareholders should demand to see not only the 10K, but audited 10Qs for the quarters ending September 30 and December 30.

I for one will be very upset if the company puts out the 10K and then asserts that it is trying to do the right thing by the shareholders. We shareholders should not accept anything less than up-to-date, audited filings. Late filings are one of the red flags that prevent new money from investing in this company and sustaining the stock price (once it starts trading).
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