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 : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: s martin who wrote (45194)4/8/1998 7:09:00 PM
From: Mr. Dendro  Read Replies (2) of 55532
 
s martin: I really don't see any way to get this thing trading by shareholder action unless Riley, Pugs and other major shareholders start putting their energy and resources into the quest. Any shareholder action would require their cooperation, since they allegedly hold the float.

One major advantage of a shareholder's meeting is that it may verify whether or not a short position exists. When a company calls a shareholder meeting, the notice goes out to the shareholders of record. If the shares are held in street name, the broker passes the notice onto shareholders. What happens if your broker is short? Could he refuse to pass the notice onto shareholders (like myself) who don't hold RMIL certificates? If so, that MAY create a cause of action against the short broker, since you would be deprived of your rights as an owner of the company. An interesting question, I'm not sure of the answer.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News