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

To: s martin who wrote (8060)	10/23/1997 8:49:00 PM
From: Jaxax	Respond to of 55532

Why don't you answer ME, son? Life is too short for you to waste your precious time...Shorty , shorty, look who's fourty!

To: s martin who wrote (8060)	10/23/1997 10:10:00 PM
From: Ellen	Respond to of 55532

You can't dazzle with your brillance or confuse with your bs... Um, you think you DO?

To: s martin who wrote (8060)	10/23/1997 10:11:00 PM
From: Ellen	Respond to of 55532

RMIL press releases: olympusventures.com 10/01/97 Olympus Ventures Inc. Announces Merger with Rocky Mountain Crystal Water olympusventures.com 09/25/97: Olympus Ventures Inc. Files Suit for Defamation and Unfair Business Practices olympusventures.com 09/17/97: Olympus Ventures, Inc. is in the Garment Business: Responds to Allegations that the Company has been Dissolved olympusventures.com 09/12/97 Open Letter to Shareholders From Gary Morgan, CEO, Olympus Ventures, Inc. olympusventures.com 08/25/97: Gary Morgan, CEO of Olympus Ventures, Inc. (OTC BB-OVIS), announced that he is organizing a non-profit association to counter the abusive practices of short-selling securities listed on the Over-the-Counter Bulletin Board(r) system of the National Association of Securities Dealers. olympusventures.com

To: s martin who wrote (8060)	10/23/1997 10:13:00 PM
From: Ellen	Respond to of 55532

Friday, Sep 12 1997 12:37PM EST Reply #6475 of 12481 Geez!!! I feel like a school teacher here!!! :) Here is a quick and easy to understand explanation: (keep in mind, all the numbers I use will be hypothetical for the sake of simplicity: XYZ corporation has 1,000,000 shares outstanding. Insiders(ie. pres., CEO, CFO, Directors, etc.) own 900,000 shares, therefore the FLOAT is 100,000 shares. Keep in mind, that the 900,000 shares that are owned by the insiders are all in their possession, in other words, their stock certicates are located at their homes and in safe keeping, meaning the DTC (Depository Trust Corporation) does not have them. The DTC only has 100,000 shares, which is the effective float. Now, over the past 1 to 2 years, the MM have been shorting stock to new buyers, however, given the sad state of the company, they figure that they can short and never have to cover by continuously short selling the stock to new investors who want to buy, since they don't have or even need to keep an inventory. This action prevents the stock from going up and gives the illusion of liquidity when there isn't any. Once the retail buying dries up they short the stock to themselves and simultaneously covering thereby creating a "CHURN" while lowering the price. In the process of shorting the stock to retail clients without coming up with the required borrowed stock they are effectivley creating more stock that was not authorized by the company. How can that happen you say? Well, thats why the process of Naked or undeclared short selling is illegal. They are shorting(selling) YOU , in the investment public, stock that was created by them. back to my example above: Lets now say that through the process of Naked shorting the stock to legitimate retail buyers(you and Me) there are now 3,000,000 shares in the public hands or "float". In other words , (you and me) now own 3,000,000 shares of XYZ corporation, when the "float" is supposed to be just 100,000 shares. Now the owners of the 3,000,000 shares decide to take delivery of their stock certificates. They call their brokers and put in the request. The broker then sends the request to the Transfer agent who begins the transfer from the"brokerage name" to your own name. Well, the transfer agent begins to issue certs, however when the reach 100,000 shares their computer stops printing certicates because the legal authorized(by XYZ corp) share limit has been reached. So what happens next? Simple, The transfer agent then calls up the MM and tell them that there are an extra 2.9 million shares and they have 3 business days to eliminate those shares. Now the MM has 2 options: 1) call XYZ corp. and plead their case to them and ask if they please issue 2.9m more shares or, 2) they would have to go in an buy 2.9 shares in the open market, this will in effect skyrocket the stock because they are trying to buy in a market that has the float completely taken up. So in order for the people to loosen the hold on their shares, they have to continousluy increase the price. Hope that explantion helped ( sorry about mis spelled words and typos as I am late for a meeting and must go. Regards Tom

To: s martin who wrote (8060)	10/23/1997 10:14:00 PM
From: Ellen	Respond to of 55532

Here is an article that explains "naked shorting". It can be found at: microcapstocks.com and for a primer on the OVIS situations go here: olympusventures.com Undeclared Short Selling Introduction Many dynamic growth companies have been damaged by undeclared short selling. This practice consists of creating stock that doesn't exist or borrowed (as is the legal requirement) and subsequently sold in large amounts in the open market creating panic selling and decimating share prices, where they hope to buy the position back at lower levels (creating a profit for the short seller). Declared Short Sellers Declared (legal) short sellers are institutional money managers and fringe group market professionals, not small capital public investors. Their positions are reported publicly on a regular basis, and these individuals must borrow the shares before taking on a short position. They must also typically deposit 50% of the value of the short as a margin deposit. From whom do they borrow? Read the fine print on your margin account agreements and you will see it is YOU! This is a perfectly acceptable, legal and ethical investment strategy - just like in commodities you have some folks betting on higher prices, others betting on lower prices in a controlled, disclosed, and regulated environment. Undeclared Short Sellers Undeclared short sellers don't borrow the stock they are selling. They (in most cases) don't even have to pay the margin requirements for their position. They are betting on (and trying to create) total failure of the public company. The odds of failure in small business are better than 98 to 2. There are many ways a public company can confirm an undeclared short position in their stock. One way is to use the response to the company's annual general meeting. The company can add the issued stock (IS) and the short interest (SI). The sum is the stock available in the company's market. Now add the known shareholder positions (KS) and the street stock proxies (SP) If the (KS+SP) sum is greater than the (IS+SI) sum, you have an undeclared position in your stock. Most street stock owners (held in street name at a brokerage firm) don't even submit proxies. You can estimate the size of the undeclared short position by multiplying the stock proxies by 1000. This assumes 10% of the street owners submitted proxies (an estimate, by the way, which is unusually high). When public companies do this comparison they often learn they have 3-7 million shares short and undeclared. The limiting of access to undeclared short selling was supposed to be the Equity Reform Movement but it hasn't limited the practice. It excludes most retail brokers, newsletter editors, money managers and anyone on the fringes of the internal working of the market. Undeclared short selling networks include a few powerful market insiders, a couple of politicians, and a few financial powerhouses. Their motto: "You can never sell too much stock." It is estimated these individuals gross over a billion dollars annually, making it a very big business. How Can Undeclared Short Sellers Create Nonexistent Shares? The trading system is responsible for some of it but most nonexistent stock comes from offshore tax havens. It is impossible to trace the beneficial owner. The nonexistent stock trades several times and comes to rest within the control of the undeclared short selling group. Undeclared short sellers have enough power to force the company to issue more stock, if necessary. It works because the trading system lacks closure. The monthly brokerage house account statements aren't tied to specific shares issued by the public company. The client account statement is a "claim" of sorts on shares. It does not represent actual ownership of share certificates. You end up with an open-ended option on the stock you buy - and no actual ownership. Nine times out of ten your brokerage firm loans your shares to the shorts (short sellers) on settlement day!! So, What Do I Do Now?? (Complaints to regulatory agencies) Though it sounds good in theory, complaints to the so called "experts" who regulate our financial markets have proven to be completely useless. The problem is simple: Lack of knowledge on the part of the regulator. You would be hard pressed to find anyone versed on undeclared shorting with the SEC itself let alone the NASD (who oversees NASDAQ and the Bulletin board) who are "association police" with no real legal power and virtually no transactional knowledge. A complaint to the NASD would probably result in them attacking the public company and the legitimate brokers who bought the shares for their client -- they would attack the victim rather than the culprit. A Short Trap The term "short trap" refers to backing the shorts into a position whereby they must cover (buy back the short position in the open market). The only effective way is to demand delivery of all of the shares currently held in street name. This must be done by the shareholder. The problem is that most brokers are brainwashed to believe that if the shares are not on account at their brokerage firm they are gone forever and the commissions generated selling the shares will go to somebody else. One possible solution is a large buyer (sometimes as much as 10% of the float) who will demand delivery of his shares. The Good News (Is there any?) The good news is that is the trap is effectively enacted the short will HAVE to cover the position. This can, in some cases, take a $.50 stock to $15 or $20 a share - creating huge liquidity for the company and make the shareholders rich. (20-1 returns are not uncommon) Some of the most successful stocks on Wall Street are a result of an effect short trap. Example: Presstek (PRST) -- this was a $20 stock that made shareholders a five banger when a major promoter brought in some large players to bust the short. The Only Real Protection The only real protection: education of investors! Demand delivery of all shares you buy!!!!

To: s martin who wrote (8060)	10/23/1997 10:15:00 PM
From: Ellen	Respond to of 55532

"Riley - Time to remind all of the misinformation out there on getting your certificates. I just got more OVIS through Charles Schwab and asked for my certificates. The broker wanted to remind me that it would take 4 to 8 weeks to get my certificates and during that time I would not be able to trade those stocks. I told him that he was mistaken, that I could trade those shares at anytime up to the delivery to me and at that time I could sell and had 3 days to get him the certs. I asked him to check with the managers and he came back and said that he was correct. He said that he got it straight from the securities deposit department. He gave me the 800# (800-966-5504) and I did call. They told me that the broker was wrong. That until they got the certificate back from the TA that the stock would not be deducted from my account and that yes indeed I could trade them. SOOOOOOOOOOOOOOOOOOOO - What we have been saying is true. Don't let the brokers give you road apples. You can trade those shares if you have requested the certs (which the securities deposit department said would only take 2 to 3 weeks). Once they get them back from the TA they are deducted from your account. When you sell, you have 3 days to get them to your broker. I know that this is old old news, but there are a lot of newbie lurkers out there and they need to hear stuff over and over again. Every good teacher knows that the secret to learning is repeat repeat repeat. #133 Buying or dying trying."

To: s martin who wrote (8060)	10/23/1997 10:15:00 PM
From: Ellen	Respond to of 55532

The fighting will get the most fierce just before the end. Do not be shaken. We have already won, it's just a question of a little time to let the system catch up with us, and then the MM's will be thrown into the crack of DOOM. We must keep focused. Do not let our attention wander to other possible plays. We will have many more plays on many other days. Keep the line straight and your powder dry. For the newbies out there, keep the faith and enjoy the ride. It don't get much more exciting than this. This will be a story to tell the grandkids around the fireplace (in our very expensive new homes, of course). Bruce

To: s martin who wrote (8060)	10/23/1997 10:17:00 PM
From: Ellen	Respond to of 55532

"Subject: Reasons Riley, feel free to post, not post, edit, change, etc. this message. As you are comm central and well informed, I have confidence in your decisions regarding relaying my sometimes too lengthy E-mails. Preponderance of evidence that OVIS will fly: 1. Massive naked short position. Simple arithmetic looking at past volume confirms this. Some people who count volume haven't even taken into account the die hard buy and holders from pre-split days (I am one of these and there are quite a few others). 2. Cartel rough figure estimates based on sharing of information by shareholders far outnumber the authorized float - so much so that even a massive degree of inaccuracy on the part of the cartel still outnumbers the authorized float. Early Cartel rough estimates which were low and didn't include non SI/Cartel supporters, don't even include the million or so shares bought and called for since last Fridays "call your cert message"! 3. More people are buying and calling certs every day. 4. Shares outstanding are confirmed by transfer agent. 5. Wildcard shares are locked up in treasury account and pension plan. 6. The company supports the investors and promises not to distribute more shares. 7. The market makers have requested more shares from the company who firmly replied "No way!". These are desperate actions that reveal much about the mms situation. It doesn't take a sherlock to see mm desperation in this request for more shares. 8. The market makers have manipulated the price drastically since profound interest in the stock and certificate calling have begun. If the market makers were doing fine as some have implied, they would not be dropping the ask on buys, passing over market orders to sweep up cheap shares, selling below ask limits to confound investors, etc. We have seen the price drop on buy/sell ratios of greater than 10 to 1. That is called unethical market manipulation, and if you are a mm, you don't risk doing it unless you are in incredible trouble. Here is a simple rule: MARKET MANIPULATION ON GROWING STOCKS = MARKET MAKERS IN TROUBLE 9. The preponderance of naysayers actually confirm the validity of the cartels position. We are forced to wonder, if the OVIS shareholders are such dupes, and we are going to loose so much money (save me please) why then the constant attacks by non-shareholders and people who haven't ever been heard from before. Why the new faces with misinformation? This had occurred to the degree of cartel members receiving threats. People don't threaten you just for being stupid. Once again, it doesn't take a sherlock to see the determination being mustered against a bunch of innocent investors simply legally calling for their certificates. Why are so many resources being marshalled to stop a bunch of investors from doing what is perfectly reasonable? Explain again why is it now that I shouldn't buy shares of a company I like and call for my certs? It is a good sign of mm desperation. here is another simple rule: UNSOLICITED AND UNSUPPORTED NEGATIVITY FROM STRANGERS WHO DON"T REALLY LOVE YOU = SCARED SHORTERS 10. Inherent value of OVIS. A couple weeks ago this stock sold for 19 cents. At 1.6 million shares it had a market cap of about 300,000 dollars. About the price of a nice single family dwelling. Get real. If this reflected OVIS value, Hard Core would have sued them for slander for even implying that they were doing a deal. Banks would have laughed at them when they asked for capital instead of setting them up with excellent financing. You can't start a halfway decent chicken stand for 300,000 dollars if you plan on having plates and silverware too. Ovis earnings, assets, tax credits, and client base are those of a company firmly worth a minimum of 2.50 per share, and that is if they were never ever planning on growing! Counting for growth,future profitability, common PE valuations etc, the company is worth around 15. There are companies that loose more money per share than OVIS costs per share that sell for 50+ dollars per share. Simple rule: Simple rule: COMPANIES THAT CAN CONDUCT BUSINESS DESPITE DEVALUED SHARES AND MARKET CAP HAVE EXCELLENT RESOURCES AND MANAGEMENT. 11. Past value of OVIS. BAck when this company had poor management, the market still valued it at prices that are dramatic multiples of it's current price. Most of you can't remember back when people were gobbling up millions of shares of OVIS at 14 cents per share PRE SPLIT! because the evidence for future profitability was there. Back then, 14 cents a share was considered a bargain basement deal on this company. Of course no one knew back then that when the company split in order to get on a bigger board that a bunch of manipulative mms would do everything they could to kill this stock rather than loose money covering their naked shorts. The company did the unthinkable, and accidentally made money. oooopps!!! Simple rule: COMPANIES THAT MAKE MONEY ARE WORTH MONEY. If you are in OVIS, you picked a great time to be here. Statistics show that only one out of three companies survive two years past startup. Of those who make it, the average time to profitability is 3 - 5 years. OVIS has finally made it. The preponderance of evidence that this stock will fly is uncommon and fantastic. Investors can wait years for situations like these to happen. Should you mortgage your home? no. Should you go buy a Mercedes? no. Should you count your chickens before they hatch? no. Should you hold this stock into the thirties? Darn right."