To: Riley G who wrote (313 ) 11/7/1997 5:14:00 PM From: Riley G Read Replies (1) | Respond to of 336
Civil actions from an admitted short seller against a known LONG shareholder. Putting my own money were my mouth is. Sharewise and Wirewiz. Man I could have bougt more shares with that money.... Riley G --------------------------------------- Subject: BROOKLYN, N.Y.--(BUSINESS WIRE)biz.yahoo.com ----- Friday November 7 3:14 PM EST Company Press Release Shareholder of Rocky Mountain International Ltd. -- OTC: RMIL -- Sued by Admitted Short Seller BROOKLYN, N.Y.--(BUSINESS WIRE)--Nov. 7, 1997--Riley G, an individual investor of Rocky Mountain International Ltd. (RMIL) responds to the press release issued Nov. 4, 1997 by Dempsey Mork of Development Bancorp (OTC:DVBC), and Magellan Capital Corp. after being served a summons of complaint in United States District Court, Central District of California. Case number: EDCV-97-300 RT (VAPx). 1. Riley G started a grass roots movement with other shareholders of ''Rocky Mountain International Ltd. (OTC:RMIL)'' after uncovering over 1 million shares in excess of the public float. These extra shares in the RMIL market are the direct results of abusive short selling by well-capitalized trading firms and individuals attempting to profit from market manipulation rather than company and market fundamentals. 2. Riley G recommends that all shareholders take physical delivery of their stock certificates. When delivery of stock certificates is demanded by a significant number of shareholders, the creators of nonexistent stock will be forced to clear the market of the extra shares that they flooded in to the market. We are not talking about legal shorting; we are talking about the selling of nonexistent shares. Thus keeping the price of a stock down in attempts to terminal short it. If a terminal short is made (stock value = $0) then the short sellers never have to worry about coving the extra shares that they flooded the market with. This is why every shareholder must demand delivery of their certificates! 3. Riley G states for the record, ''I am only a shareholder of RMIL stock and have no direct or indirect ties or links to Rocky Mountain International, LTD. (RMIL). I am also sick and tired of the short sellers and their associates on the Internet with their repeated attacks on other RMIL shareholders and myself, as they continue to slander a company that I am a shareholder of. It appears that the short sellers' main intent is to manipulate the price of RMIL down in an attempt to cause shareholders to sell off their shares for the personal gain and benefit of the shortsellers.'' CONTACT: Riley G Enterprises Riley G, 718/331-1960 E-Mail: Riley-G-Enterprises@psicop.com psicop.com