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: TopCat who wrote (51822)	8/22/1998 8:43:00 PM
From: Zeev Hed	Read Replies (2) of 55532

TopCat, that is one of the things that worried me about this letter, there was no valid "business purpose" for that placement. I am doing a private placement myself, and the state's regulatory body insisted seeing what it is I am telling potential investors this money will be used for. I would say this is a minimum. You cannot guarantee success, but at least an investor should be able to determine if you have a fighting chance to turn their chunk of money into something worthwhile the major risk you are exposing them to. Zeev

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