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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 (12478)11/4/1997 2:06:00 AM
From: SuperDave  Read Replies (1) | Respond to of 55532
 
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To: TopCat who wrote (12478)11/4/1997 4:53:00 AM
From: Riley G  Respond to of 55532
 
I find it rather strange that Dempsey Mork in conjunction with Hand & hand stated that Dempsey Mork was in the real estate business but failed to mention this.

Investment Security Companies
DEMPSEY MORK & ASSOCIATES
73725 EL PASEO PM
PALM DESERT, CA 92260
(760) 776-9331

We all may see through his real reason for trying to railroad OVIS, as he owns an Investment Securities Company, along with his mentioned real estate business, along with Magellan Litigation Services, and Magellan Capital Corporation.

Riley G



To: TopCat who wrote (12478)11/4/1997 4:53:00 AM
From: Riley G  Respond to of 55532
 
Date: Sat, 27 Sep 1997 01:00:40 -0400 (EDT)
Subject: RANDALL BAKER FROM CALIFORNIA----PLEASE POST!!!!!

Riley,
I spoke to Randall Baker yesterday afternoon 9/26/97. I informed him that I am an investor of OVIS and would like to hear both sides of the story.
Randall immediately started talking about the illegal 10K from June 1996 and also the scam/manipulation going on right now with regards to the stock price
of OVIS.

I cut him from what he was saying and ask him questions.....
1. Is your client short or not on OVIS?
Randall: He may or he may not!!!! (He does not want to admit the fact)

2. If he is not short, why is he upset with the runup of OVIS? Investing is seeing our money grow! Aren't we suppose to be happy that our investment is going UP instead of down?
Randall: We are after the management who is not telling the truth about the outstanding shares and illegal shares given to Michael Zapara.

3. I myself verified the outstanding shares, Are you telling me that the TA is not telling the truth?
Randall: Yes, the TA is not telling the truth!

4. I was told that you are holding 1 million shares of OVIS. I heard that you have mentioned that to Riley G. Is that true and if it is, can I have the cert number?
Randall: No, I didn't say that we have 1 million shares. ( Riley, He probably meant 1 million short)

5. OK, OK! Lets start from the beginning, if you are concerned about US investor of OVIS, why is it that you sent a press release stating that you are into Real-estate consulting and stated that the original OVIS does not exist? Of all the names in the world, WHY DID YOU FILE WITH THE STATE OF WASHINGTON AN INCORPORATION WITH THE SAME NAME "OLYMPUS VENTURES"? You even sent somebody there and literally "walk" the documents to state office which is done by mail 100% of the time.
Randall: We said that because we want to HALT THE TRADING OF OVIS!!!! We did that because WE WANTED TO HALT THE TRADING OF OVIS!!!!

6. WHY?
Randall: Because we don't want any more investors getting fooled by the scam OVIS is in!

7. SCAM, I still don't see any scam going on except the illegal press release you have done. If you are really concerned about us (investors)and would like to warn us about the runup/manipulation of the OVIS stock, then ANYBODY WHO IS IN THEIR RIGHT FRAME OF MIND WOULD.........
FIRST, issue a press release stating your allegations AND, NOT, pretending or trying to SCARE the UNKNOWING investors by stating that the OVIS they have invested in no longer exist. I don't see that you are concerned about the welfare of the investors at all with your actions. (no comment heard from Randall)
SECOND, would file a major complaint with the SEC about the scam that you are claiming(which has no basis at all).
THIRD, would contact the proper authorities other than the SEC.

Randall: Did not give any answer but just kept on going around the bush with BS again.

8. Are you a lawyer? I would like to know what is your position or why are you representing your client? Who do you work for? I am an investor with a huge position on OVIS and would like to hear both sides. By verifying your occupation and background, I would make my decision on who to believe.
Randall: No! I'm not a lawyer! I am a broker!

9.OK a broker...for who? Can you give me your phone number or office address?
Randall: No, I work for myself. I am not connected with anybody. I can't give you my office number you can just call me on this number (WHICH, BTW, LADIES AND GENTLEMEN, A CELLULAR PHONE NUMBER).

10. Mr. Baker, you still have not convince me one bit! You mentioned that the shorts will not have to cover how is that? I spoke with SCHWAB, ETRADE AND CERES about naked shorts and undeclared shorts...ALL OF THEM TOLD ME THAT, YES IT HAS TO BE COVERED! And one way of covering it is by buying back ALL the shares that was shorted and as a result...the price (BID AND ASK) will just FLY!
Randall: No, they don't have to cover. They are lying to you ( I told him, Come on, all 3 professional brokers lying about naked shorts and undeclared shorts..I don't think so). He continued, The TA would have to close down their office when the last cert is issued!

11. (Very much surprised with the answer) I said, WHAT? How would that happen? The TA just breaks down the certificates that was given to them in bulk by the DTC. The TA has nothing to do with it. In fact, they said that they are currently swamped with requests
Randall: (now very nervous and just stuttering on his answers) No, they will shut down for there will be no more shares to be issued.
I said, YOU DON'T KNOW WHAT YOU ARE TALKING ABOUT! The TA will not shut down, but instead, THE DTC will go back to the Market makers, also your client, who shorted the stock and ask for the shares they shorted. This by the way will result to huge runup on the OVIS price.

12. I just finished researching IOMEGA and PRESSTEK who experienced a short squeeze. I hate to tell you Mr. Baker that OVIS is very much identical with the IOMEGA AND PRESSTEK's situation.
UNDECLARED SHORTS=SHORT SQUEEZE=MORE$$$$$$$$$$
Randall: No way for the TA office will close and there will be no shares traded.
(This goes to show that Mr. Baker does not know what he is talking about even if he claims he is a broker) The manipulation is being done in SI web site? I asked how? By mentioning that they will be buying the shares and stating the minutes it take for the trade to get filled. Is that manipulation to you? I don't think so! I stated, There are dozens of chat rooms(like AOL, Motley Fool, Excite, etc.) discussing stocks and when to buy. I even said that in SI alone, there are more than a dozen threads that discuss the same thing like EUTO, ARET, ZE, EXSO, etc and with much more posts, like SYCR...HOW COME YOU ARE JUST CENTERING IT ON OVIS? Why not EXSO or SYCR? Randall replied, "Oh um,
more familiar with OVIS" . I immediately followed, EXSO is in the red in financials and it had a run up from .06 to .50, EUTO has not proven anything so far but it went from .003 to .25. Why not complain against this stocks?
Randall replied " Oh umm, is there a number I can call you back?" I'll call you back later.

I asked him to give me his office number instead, but he does not want to. I even said, I don't want to call you on your cellular phone because it is more expensive. I would rather call you in your office. Guess what, HE DOES NOT WANT TO GIVE ME THE NUMBER IN HIS OFFICE. He hang up!

Anyway, Mr.Randall Baker sounded very concern about the whole situation. He knows how strong the cartel has become. Mr. Randall Baker does not know what he was talking about, even if he claims that he knows more than the guys (traders/brokers) of SCHWAB, ETRADE AND CERES. Come on guys, it was confirmed again that these guys in California are a bunch of SCARED AND NERVOUS shorters WHO WILL BE PAYING US BACK BIGTIME$$$$. They are soooooo desperate right now and will just do anything to avoid the squeeze. Why? because, they will pay us BIGTIME!!!!!$$$$$$$

As soon as I mentioned IOMEGA and PRESSTEK, he(Mr. Baker) sounded more concerned. I guess he was present during their time. FYI, IOMEGA had a runup from $20 to $330/share because of a squeeze. Presstek had a run up from $2-$4 to $200 because of short squeeze also.

What we are seeing now in OVIS is a very identical situation! Just hang in there guys and as Riley have said, TIME IS IN OUR HANDS!!! I for one is now 100% sure that the squeeze is about to start. IMHO, we will definitely see a huge runup when the TA prints the last certificate.

GO OVIS!!!!!! OVIS AIRLINES IS NOW CLEARED FOR TAKE OFF!!!!!!! We are serving chocolate mousse with M&M's toppings for dessert

THE CAVALRY
ARMED AND DANGEROUS
BUYING...NOT SELLING!!!!!!



To: TopCat who wrote (12478)11/4/1997 4:55:00 AM
From: Riley G  Respond to of 55532
 
SEC Schedules Meeting as Small-Stock Fraud Soars
By LESLIE EATON

NEW YORK -- Federal regulators are turning up the heat on some of Wall Street's biggest firms in an effort to prevent some small brokerage operations from defrauding investors who trade in the stocks of tiny companies.

Arthur Levitt Jr., the chairman of the Securities and Exchange Commission, has called a meeting for Monday morning in New York with various regulators and at least half a dozen big firms that process the trades of thousands of smaller outfits, according to a letter given to The New York Times by a Wall Street executive.

In his letter summoning the firms to a meeting, Levitt wrote that "minimizing abuses in the market for low-priced, or microcap, securities is one of my highest priorities." State and federal regulators report that fraud in small stocks is soaring, costing investors billions of dollars.

Much of the fraud, regulators say, occurs at small brokerage firms that could not stay in business without a clearing firm. Clearing brokers process and guarantee the trades of small firms, maintain their customers' accounts and in some cases lend the firms money.

One issue the commission is examining, Levitt wrote, is "ways in which clearing brokers can be more responsive to red flags they receive about misconduct" at their client firms. Because customers receive their statements from clearing firms, they often complain to the clearing firms about problems like unauthorized trading.

Commission officials declined to comment on the letter.

The firms invited to the meeting include the largest firms that clear for others: Bear Stearns; Donaldson, Lufkin & Jenrette, whose clearing operation is its Pershing division; and Fidelity Investments' National Financial Services Corp.

Officials of these firms either declined to comment late Wednesday or could not be reached for comment.

The arcane world of clearing has become controversial because of the activities of several small brokerage firms that, regulators contend, defrauded investors of millions of dollars.

A grand jury in Manhattan is investigating the demise of a firm, called A.R. Baron, that had a long history of regulatory run-ins and customer complaints. Among the issues being investigated are the links between executives of Baron and Bear Stearns, and whether Bear Stearns took unusual steps that allowed A.R. Baron to stay in business.

Bear Stearns has denied any wrongdoing. In a filing earlier this month with the SEC, the firm said that "various regulatory and governmental agencies" were investigating some of its clients in addition to Baron.

Last month, the New York Stock Exchange voted to require clearing firms to monitor the trading at their client firms and to pass along to regulators any complaints they receive.

James Cayne, the president of Bear Stearns, responded that such requirements would expose his firm to too much legal liability and would cause it to cut back or abandon the clearing business.

While clearing is a very profitable business for big firms, it is not without risk. Fidelity's National Financial unit is on the hook for $9 million in trades that were done through one of its clients, a firm called Saperston Financial of Buffalo. Saperston collapsed after a customer refused to pay for 2 million shares of a Vancouver company called H&R Enterprises.

On Oct. 8, National Financial filed lawsuits in Florida and British Columbia against a bevy of firms and individuals that it said were involved in defrauding Saperston, according to court filings.

Canadian and U.S. regulators are investigating H&R, whose stock they suspect was manipulated. The shares, which traded in the United States on Nasdaq's electronic bulletin board, zoomed from just pennies a share in July to almost $7 in September before collapsing to less than 50 cents.



To: TopCat who wrote (12478)11/4/1997 4:55:00 AM
From: Riley G  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.



To: TopCat who wrote (12478)11/4/1997 4:57:00 AM
From: Riley G  Respond to of 55532
 
Date: Fri, 29 Aug 1997 09:17:30 -0500
Subject: Ovis Cartel

Riley, I appreciate very much that you have been gracious enough to post a couple e-mails to SI for me. Frankly, prior to OVIS, I felt no compulsion to join SI, and now I must wait two weeks to post there.

There have been some speculation on this and other threads that the Cartel is in some way illegally manipulating a price. I would like to dispel that rumor. Legislation under the Securities and Exchange Act was directed at Sindicates (not cartels). Their destructive practice was to accumulate based on insider information, shared through a network of good ol' boys that were privileged bankers, ceos and the like who withheld information from the public if it suited them in their accumulation phase, and then distributed into weak hands.

That illegal practice has nothing to do with grass roots enthusiasm for a stock, sharing of public information and opinion and certificate calling. Don't be so nervous people. The Ovis Cartel's actions are virtually the OPPOSITE of the actions of a syndicate. Can the paranoia. Every armchair lawyer in SI land wants to sound like a personal friend of the SEC.

I was looking for a historical precedent, and though I haven't compiled a massive list of successful squeezes, (no time) I like the example of Northern Pacific. Overvalued at 110, it shot up to one thousand dollars, a bears worst nightmare. What is most interesting, is that after the squeeze, it didn't tank back to or below it's pre-squeeze price, and didn't fall below three hundred. In terms of dollars per share this is a massive increase, in terms of percentage gain, it is only an extra thousand percent or so, oh well. Ovis is a different animal of course, actually more ripe for growth than an over valued large cap. Many would like to scoff Ovis faithfuls hopes of large gains, but they fail to realize that these situations are common in the generalities of remarkable companies. This is exactly how small companies become big companies. Watch it happen. Better yet, come on board.