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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 (8607)10/24/1997 9:38:00 PM
From: michael d kugler  Read Replies (2) | Respond to of 55532
 
Pending the conclusion of its investigation, management has
instructed the Company's transfer agent to stop the transfer of the
400,000 common shares issued in the second CEA transaction.
Additionally, since the Company is unable to secure the assets of
CEA, management has determined that the Company's investment in CEA
which amounted to $3,354,068 should be and was written off as of June
30, 1996.

This is from the 10-K. Notice there is nothing other than the company contacting the transfer agent to stop those shares. No court order is mentioned either.