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


To: Pugs who wrote (21343)11/24/1997 5:31:00 PM
From: Riley G  Respond to of 55532
 
The plot thickens...

I believe the we shareholders are on the verge of changing the face of the OTC market!!!

Stay strong and continue to fight for all your certificates!
Send those NASD & Brokerage firm letters out. They all make a big difference!

RG



To: Pugs who wrote (21343)11/24/1997 5:36:00 PM
From: PC11  Read Replies (1) | Respond to of 55532
 
Pugs:

This is submitted with all due respect.

I have seen you post here (numerous times) that RMIL is valued at $6 based upon their PE. I suggest that you consult an accountant or an accounting manual to substantiate your assertion. The "E" in P/E stands for earnings. A cash infusion is not classified as earnings. In fact, a cash infusion does not even impact an income statement. It is purely a balance sheet entry with an increase to assets (cash) and an increase in liabilities or equity (debt or paid-in-capital). Please retract your previous statement(s). Thank you!



To: Pugs who wrote (21343)11/24/1997 7:22:00 PM
From: Shu-li Chao  Respond to of 55532
 
Pugs you wrote <She informed me the trading is electronically monitored and that MM's have been known to create the 'appearance 'of volume/sales.>

Doesn't this happen to a lot of stocks. A lot of times mm's will
swap shares to create the illusion of volume and liquidity(esp
in thinly traded stocks). Did you inform her that the mm's were
driving the price of the stock down even on mostly "buy" orders.