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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes

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To: Shoot1st who wrote (24268)6/7/1998 2:41:00 PM
From: Pugs  Read Replies (1) of 34592
 
RMIL, the float is 14MM verified by the TA, the public float is 2.77MM shares, RMIL shareholders are approx. 5-9K shares short of having the entire float in Name form.
As far as the particulars, I will say I am NOT recommending RMIL, it is NOT trading. It was halted for 10 days, RMIL submitted a 8K, and the halt expired w/o event, after which, the merger with RMCW has not been finalized. Mike Puhr is coming to florida in 2 weeks , if the merger is not finalized at that time RMIL CEO Gary Morgan states he will move on. The 10K is being audited and Morgan says they will commence trading in 60-90 days.
I REPEAT, I am NOT recommending RMIL, you can sell shares in the pinks, RMIL has 1 MM to date, MM Hill-Thompson Magrid, but he is only buying, not selling, and his trades are only to paint the tape in case they were forced to cover their short/margin.
It is my hope, RMIL releases an 8K stating the new merger/aquistion, or that RMCW has secured financing to finalize the merger.
Either way, it is a very risky investment other than the float is in Name form.

As for TVSI, it has been a hot-topic here and I won't bore anybody with repetition.

There ya go.

Pugs
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