Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) Message Board

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

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To: Ditchdigger who wrote (43874)	3/13/1998 10:06:00 PM
From: s martin	Read Replies (2) of 55532

From: +Arcane Lore Friday, Mar 13 1998 8:48PM EST Reply # of 2071 Speaking of pump and dump - IHIN Pump and Dump (?) Thursday followed by Trading Suspension Friday: International Heritage (IHIN), #Subject-19746 (also #Subject-12778) has an IPO yesterday, shoots up in price from $13 to $19 1/2 (yesterday) and then today to $34, subsequently sinks to $26 1/2 before 'closing' prematurely at 1:00 EST when the SEC suspends trading (#reply-3702991). Would that the Feds always moved so quickly. Perhaps prior investigations by the state of North Carolina (or others?) of IHIN as a possible pyramid scheme may have given them some familiarity with it. See: news-observer.com news-observer.com In any event its nice to see the SEC move so quickly. Now if only they could act before the 'pump' phase starts...

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