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: DJ Byrne who wrote (47346)	5/25/1998 2:52:00 AM
From: Kurt N	Read Replies (1) of 55532

You're missing a key point. It doesn't matter if the rule requiring BB's to be reporting and current in financials (if already reporting) within 6-12 months after SEC approval applies to RMIL. After a trading halt and for RMIL to be able to trade again the OTC-BB each MM is responsible (currently after 30 days, other MM's can piggy-back on another MM's 15c2-11) for ensuring that the requirements of Rule 15c2-11 are met. The form to file is trivial and can be found at otcbb.com (Adobe pdf file. free viewer can be downloaded at adobe.com) ,but one of the requirements is reviewing/including audited financials (for non-reporting companies) and reviewing/listing the relevant SEC Edgar filings for reporting companies. If RMIL were not halted then the new rule would affect RMIL. On the bright side (assuming if the financials 10-k + 10-q's get filed) RMIL will then be in compliance with both Rule 15c2-11 and it's status fully reporting. Kurt

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