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


To: John Gault who wrote (21100)11/23/1997 12:51:00 PM
From: michael d kugler  Read Replies (3) | Respond to of 55532
 
He says he holds his short position in Canada, where my understanding is that you simply need to be able to put up 200% margin to maintain the position. I cannot verify the margin requirement.

BTW, I see that now you are, or were, a mole. Any comments?

You can E-Mail me if you'd care to.



To: John Gault who wrote (21100)11/23/1997 1:05:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 55532
 
John,

This is double-speak. He said that he sold a long position?? But he didn't have the certificates?? He sold short a position that he didn't own, pocketed the money and hoped that he wouldn't have to cover.

I don't know where Mr. Kugler fits in with all of this in regards to Mork. I frankly don't care. What I do care about is that I hate illegal short-sellers as much as all of you. I admire what you guys are attempting to achieve here. What bothers me is that I think Morgan is taking all of you for a ride since the stock price doesn't reflect what we would presume is high demand/low supply for RMIL stock.

However, I'm sure the SEC has already subpoenaed the trading sheets and is verifying the source of every trade and the parties that executed them. This takes time.

Regards,

Ron