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


To: Malcolm Thomas who wrote (16617)11/11/1997 2:00:00 PM
From: Jeff Harrington  Read Replies (1) | Respond to of 55532
 
Wait a minute. The MM's have 3 + 3 + 2 days, etc. to cover. Plus, they only have to cover what is requested by the DTC. Plus, I suspect there's a few more perks they have to delay.

How can anyone, but the TA have the exact number of shares certificated? Why should they give that to us? That's priveleged info. We can not know whether an investor has her shares in cert form or not. Again, only the TA might know that.

I wouldn't start panicking yet. I think that getting as much information together as possible as good. But panic is not.



To: Malcolm Thomas who wrote (16617)11/11/1997 2:23:00 PM
From: Rich_1  Read Replies (1) | Respond to of 55532
 
Malcolm, there is one important element that can't be overlooked. My buddys at work and I own over 100,000 shares, most in cert form.
We talk about this issue every day. It is clear as day that there are a number of those who are tremendously short on this stock. It is only our opinion, but we believe they are short some 5 to 10 million shares.
Don't for a minute think that they are only short 100,000 shares. If my buddies and I loose all of our shares, then we move on as this being a bad business decision. We would not be putting out bogus press releases and spending every minute of the day, 7 days a week, trying to sway others for our benefit. We will always believe that there are some 5 to 10 million shorts out there on this one. These shorts will remain there until we can get the right amount of pressure applied to the MMs. Since many brokers have caused some of the delays to many in getting their certs, we don't believe that its the brokers who will save the day. We believe that the pressure will have to be applied to the NASD from shareholders and from the company. The company would probably get a faster response then from us. Just our opinion.

Rich_1



To: Malcolm Thomas who wrote (16617)11/11/1997 2:38:00 PM
From: tonto  Read Replies (4) | Respond to of 55532
 
Excellent posts today. The squeeze requires unity. The lack of answers regarding certain issues can create doubt that may or may not be valid, and this in turn could damage the squeeze. The financials have already been committed to and are very late; they must get them out. Shareholders should never forego their rights to the financials in any company under any circumstance. As long as the company does not
release them, there will be questions nagging many on this board. The company will step up and release them, if concern is expressed by enough shareholders.