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: Steve M who wrote (46029)4/23/1998 3:10:00 PM
From: tonto  Read Replies (4) of 55532
 
Off topic???

SEC news release out about charges brought against company and individuals.

"In a complaint filed in Federal court in Miami, the SEC alleged that the abuses raised illegal profits of at least $6.5 million and involved the issuance of false press releases and the creation of a fictitious foreign investor".

Charges are security fraud and with violating the registration requirements of the securities laws.

One of the additional problems is that there was a 200% increase in shares outstanding-without registering the securities.

The name of the company is Alter Sales.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext