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


To: michael d kugler who wrote (8001)10/23/1997 7:15:00 PM
From: Riley G  Read Replies (2) | Respond to of 55532
 
Former CARTEL member Mike,
For me to answer your question, please point me to the exact message and I will review it and get back to you with an answer!

Riley G



To: michael d kugler who wrote (8001)10/23/1997 7:17:00 PM
From: Riley G  Read Replies (1) | Respond to of 55532
 
Complaints to regulatory agencies haven't stopped the practice of undeclared short selling. However, one way companies can protect themselves is to recommend to shareholders that they take physical delivery of their stock certificates. When physical delivery of stock certificates is demanded by a significant number of shareholders, the creators of nonexistent stock can be squeezed. The short sellers won't have stock certificates to deliver and thus they will cause losses for them and will cause them to move their undeclared short activities elsewhere.
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The present RMIL special situation has to do with the above comments and has nothing to do with Type 1 or Type 2 (cash/margin) accounts. We are not talking about legal shorting we are talking about blatant selling on nonexistent shares to flood the market. Thus keeping the price of a stock down and to terminal short it at the same time. If a terminal short is made (stock value = $0) then the shorts or market makers never have to worry about coving their shorts or extra shares that they flooded the market with. This is why every shareholder must demand delivery of their certificates!

Riley G



To: michael d kugler who wrote (8001)10/23/1997 7:20:00 PM
From: Pugs  Read Replies (3) | Respond to of 55532
 
Kugler, I NEVER said Reily 'concocted' the story, YOU DID!!, You ASKED me to ASK him THAT QUESTION, I did as you asked to get you to respond to My question, which BTW, YOU NEVER ANSWERED!!, HOW DARE YOU SAY THAT I SAID REILEY CONCOCTED ANYTHING!!! In fact I even told you to check the past posts and that it would appear it was ME WHO SAID THAT!!!. I have nothing but faith in Reily and the cause!!, Pugs



To: michael d kugler who wrote (8001)10/23/1997 7:27:00 PM
From: Pugs  Read Replies (2) | Respond to of 55532
 
I will post this AGAIN, for the record....the sentenced I misconstrued is this:" The new TA will release new CERTIFICATES when we move to the AMEX"....it was misconstrued, by me as: " The new TA is CERTIFIED for the move to the AMEX".....you're really making alot out of nothing and USING me as an accomplice to your MISIMFORMATION!!!!, Pugs