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

To: Riley G who wrote (19632)	11/18/1997 7:36:00 PM
From: TideGlider	Respond to of 55532

Hi...found this posted on a net news letter site. Sorry if it has been posted previously. Bruce Reader Mail Note: The reader e-mail is in blue, while my response is in black and is indented. Hi Bob! Remember me from the OVIS thread? Well, as you can probably guess things are heading south over at OVIS/RMIL... the put out some preliminary unaudited financials that are absoluetly terrible. They made roughly $24,000 last year and had a $90,000 operating loss. The majority of the shareholder equity of $14.4MM is a nebulous reference to $14MM in "investments". There's also a bunch of funny stuff going on behind the scenes we can only guess at. Unfortunately the "cartel" is in pretty thorough denial... in fact one guy even emailed me and told me to stop asking questions. Said if I had anything but positive things to say I should sell my stock and not ever post again... so that's what I've done. Made about 145% on the deal and consider myself lucky. I don't think Riley is going to be able to admit that this thing is going nowhere, and he may even prop the price himself for a while before the end. The real problem is that all the things we were led to believe by the company does seem to be true. The 1MM / month in gross revenues has turned out to be 2.8MM for the whole year, including the revenues from the bottled water company they just did a reverse merger with. The merger deal also calls for an additional 14.5MM shares to be issued in the next year which is not exactly cool in my book when the company currently has only 3.7MM outstanding. There's more but it can all basically be summed up by saying it's a bad situation waiting to happen and most of the people are completely ignoring the 8K. Anyway, just wanted to send a note of thanks for your early attempts to shed light on that thing. I've thoroughly studied your TASA analysis and I picked up 10,000 shrs today at 7/8. That should be the new long portion of my portfolio! :-) Thanks for bringing me up to date... I've completely ignored OVIS/RMIL for some time now - I wasn't accomplishing anything with my posts and the dialog, which had been fun to read, was getting dull. Even a month ago I sensed that some of the "greek chorus" had slipped away offstage. You are the only person who has e-mailed me about OVIS in some time - there seems to be no interest whatsoever in an update of any kind, so I'm going to continue to maintain my "benign neglect" of this puppy. You have to understand that if anyone reads only a few hundred posts on this thread they will think the following: The company is in the business of selling stock. The stockholders only care about catching shorts. On any other thread you here about the products and the latest markets. Here you here about who is short and who is lying. Are the fundamentals of this company such they they can support the stock price should the short interest cover? Will it be every man for himself? How does the exodus start when it has been determined that the short interest is covered? Is anyone here prepared to stay invested in this company for the fundamentals? I have considered investing in a BB stock, however I would like to know more about the company. Is there anything site where I can find actual specific information in regard to products. Not a picture of water bottles. I want to know how much and to whom things are sold. % if not numbers. Items certainly should be described. I have been burned by analysts and rumors on bigger stocks than this. I know that it is indeed a disgusting, deceitful and at times criminal influence that perpetuates these frauds. I hust want information. Is the above "letter to the editor" a common example of discontent with this stock or is it the work of "sjorters and Naysayers" Thanks Bruce

To: Riley G who wrote (19632)	11/19/1997 1:36:00 AM
From: Hawkmoon	Read Replies (2) \| Respond to of 55532

Riley, Every once and awhile I stop by and try to catch up on the most interesting postings here. Frankly, (and AGAIN let me state for the record, I am not a RMIL shareholder, nor have ever engaged in trading RMIL), this newspaper article is quite disturbing. However, I DO have a keen interest in the mechanics of Microcap Stock fraud. In fact, one of my stocks has been under SEC investigation since May (unfairly so when compared to the BS I've been seeing flung around here). I see a scenario formulating here in which the SEC halts trading in this stock, mmkr support falls through the floor, and everyone holding this stock will have a nice little certificate to frame that won't be worth the paper it is printed on. We have a company CEO claiming that $5 million in financing is set to occur "literally withing minutes" (4 November) and this tells me that his comments possess just the kind of exhuberance that sends the red flags flying at the SEC. And quite frankly, Mr. Mork makes one hell of a good point about the current status of the company's fundamentals. All Mr. Morgan is presenting are yet to be fulfilled promises and no physical evidence of progress in Ten Sleep. So why is the SEC taking so long to get involved?? I frankly don't know. I've seen stocks halted due to "prolific posting" on the internet when the total # was less than 6,000 over a 1-year period. the two OVIS/RMIL threads have over 30,000 since February 7. However, all but 200 of them have been posted since July alone!!!! And now we have actual brokers getting involved in the act in an overt manner out here on this thread without disclosing they work in the securities industry. I'm going to put forward a possible scenario for which I have ABSOLUTELY NO evidence. However, I do see the indicators here such as those originally indicated in SEXI, IDID, GIFS.... (you name it.) also companies surrounded by a lot of hype, but nothing tangible to show shareholders. I suspect the SEC IS investigating this company. I also suspect that there may a connection to some form of organized crime activity. And I suspect that when they finish their preliminary background work into the illegal short selling activity (shorting any non-marginable stock is supposed to be verboten) there are going to be some nasty surprises awaiting all involved. And in case I'm wrong. Well.. that's alright too. It will present a nice example for future reference of just where the SEC failed to get involved when they should have, either against Mork, or against the Cartel. Riley, I have to hand it to you. You display a dedication(obsession?) for RMIL far above what the company or its management deserve as evidenced by their miserable past record of mismanagement. I suspect the lawsuit against you by D. Mork will not be the last legal documents you receive. Does the term "Duces Tucem" mean anything to you?? Email me when the SEC sends you one of these. You might be interested in what I have to say. Regards, Ron