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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)

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To: rlarson who wrote (54330)3/29/1999 4:49:00 PM
From: David R  Read Replies (1) of 55532
 
There are many ways in which you can compute and take your loss. You can still sell your RMIL at par value (.001) or so. Then you can take a loss on the sale (it is too late for 1998). You can prove RMIL is worthless (not too hard). Or, following my prohpetic utterance 1.5 years ago, you could use your certs in your bathroom, and then document the loss to the IRS as the difference between your buy price, and a roll of Charmin.

Now if you have your certs, then perhaps they would hold value for your great-great-great grand-children. Few times has investor fraud and shareholder greed been better documented than with RMIL. A historian could have a field day with this as a textbook case of greed run amuck in the 1990's and driven by the internet. Not to mention that thus far, the perptrators of this scam have avoided prosecution. RMIL could also server as the textbook case for how to find suckers and take their money without going to jail. Either way, actual certs would then certainly have collector value. Possible outpacing Furbies and Beenie Babies.
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