SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : AREE - Formerly TVSI

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JS who wrote (73)2/7/1998 11:29:00 PM
From: Riley G  Read Replies (1) of 6528
 
(Off Topic..RMIL)

RMIL has been suspected naked shorted for about 4 to 6 million estimated shares. The public float is approx. 2.17 million shares.
SEC halted stock for 10 days to check the deal out.
RMIL has not started trading because market Makers have to file a 15C-2-11. Form has been filed and is being reviewed.
RMIL has 10 million dollars coming into it this week or very soon, as the IRS and US Government were investigating the overseas investor and to make sure the money was legal and not laundered. I understand that Friday the IRS signed off on the release and the money should be here this week. I have not verified this, but will be working on this monday morning.

The important thing is that we shareholders have called in our shares in NAME form and I have VERIFIED certificate numbers and amounts for appox 1.9 million of the public shares take off the market. This leaves approx. 200K not accounted for, but we as a groups are awaiting for approx 750k shares to be delivered in name form. There is no way that they can be delivered as we have the float and some 900k extra shares accounted for.

RMIL is a short squeeze in the process.....

Riley G
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext