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

To: Just My Opinion who wrote (20613)	11/21/1997 9:51:00 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 55532

Al-len, I'm not quite sure how to take your question, seriously or sarcastically. However, I have become much more comfortable with TPRO over the past serveral weeks. They are a well-established business undergoing restructuring under new management and delving into a niche sector of the Y2K issue. If you are trying to draw comparisons between TPRO and RMIL regarding the number of posts and the "hype" there is no comparison. Look at the quality of the posts on TPRO. There is a hell of lot research oriented postings there aimed at educating shareholders. But that is not to say that something couldn't terribly wrong with TPRO. However, the odds are against it at this stage. They are doing too many right things on their own. RMIL, on the other hand, is tantamount to a war. You know you have a short-seller by the tail and have coordinated a plan to manipulate the stock by suggesting that people buy and take delivery of certificates. But the problem is that RMIL is essentially a "shell" company with few valuables assets, no infrastructure, and a business plan aimed at entering an essentially comoditized market for bottled water. RMIL managment has been promising the world and staying just one step in front of an SEC shutdown by undergoing symbol changes, mergers, and now, a fascinating promise of $10 million from some financial "sugar-daddy". If anyone here thinks that someone would "loan" RMIL management $10 million under any scenario that doesn't guarantee the return of at least their principle, you may not understand the capital markets for small business. And hey... if they do get the loan, I know a company that could sure use a couple million themselves. IOW, you folks are playing a dangerous game here with a management that has a history of fiscal abuse towards shareholders. No one has answered(inquired?) what happened to the money gained during that 13 million share Reg S they did. There was a cool $10 million there alone that didn't last them very long and left very little to show for it. So you guys ask me why I'm cynical about this company? Jeez... If they get this money and show certifiably that they possess, own, and are entitled to use it, then I will think about changing my mind. It reminds me of GIFS where the CEO claimed that his company has $100 million in capital that he had access to. Turned out the money wasn't his, nor did he have access. Tonto, wanta' step in here and refresh my memory on the GIFS assets scam? The gold, corundrum, the CD's? Regards, Ron