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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?

To: TopCat who wrote (7156)	10/21/1997 11:42:00 PM
From: I Am John Galt	Read Replies (1) \| Respond to of 55532

As much as I hate to say it, Topcat, you're dead right... And that is the second biggest reason I bailed out. Matty Gregg

To: TopCat who wrote (7156)	10/21/1997 11:45:00 PM
From: Pugs	Read Replies (2) \| Respond to of 55532

Topcat, You say they may be "less than fortright in their press releases", so...I'll ask you this,,, Kugler won't answer it because his 'boss' would get mad.....Why don't I hear you and Kugler go on & on about the FRAUDULANT press releases from Mork and Magellan, stating OVIS didn't exist, they weren't in the garment buisness, they're manipulating the price of their stock. This appears to me to be blatently FRAUDULANT. But, do we hear a peep from you guys about that?, Do you ever even allude to it in reference. No, Why?, Because either you're immensely dull-witted, or you're hired to say different.Instead of grasping at straws, why don't you let me hear you say something in reference to the abuse OVIS/RMIL has had to endure., Pugs

To: TopCat who wrote (7156)	10/22/1997 7:27:00 AM
From: Ellen	Respond to of 55532

mtnres, It seemed to me that your post of today's press release from MVPH was material to the discussion on this thread and I would have expected some response. Last night I pushed for an answer regarding the $14 million and it took a long time before anyone would address it. Ellen finally did. As someone else posted, expecting "instant gratification" in the form of a quick or immediate response may not be realistic. It was posted after 5 p.m. EST, so any research desired would have to wait. Besides, their press release, to me, is just that. A press release - stating the position they are taking on forking over these shares to RMIL. Not a legal, binding document. Obviously, they want to contest owing these shares to RMIL. So it appears this will not be a quickly settled issue. At any rate, it is related to fundamentals (oranges) and not the squeeze (apples). The fact is, according to GAAP (generally accepted accounting principles), that $14 million should have never showed on the 8K or, at the very least, should have been footnoted as being a number under contention. From what I can determine (even beyond the press release), it is doubtful that MVPH could ever come up with the $14 million regardless of agreements, court decisions or anything else. You can't get blood out of a turnip! Maybe. I'm not an accountant, so I can't speak to the issue of "proper accounting procedures". I understand that these fundamental issues do not have bearing on a short squeeze...... NOW we're getting somewhere. At least you see the separation of issues.