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

To: tonto who wrote (25233)	12/9/1997 12:56:00 PM
From: s martin	Read Replies (1) \| Respond to of 55532

IMO it's about time they take action against the outright fraud of so many of the BB companies. For a long time Nasdaq has tried to sweep this under the rug, comments made by them last year regarding the situation, were of the ostrich in the sand variety. Re RMIL : I wonder who vouched for their financials being current? <G> "Currently, stocks can trade on either the OTC Bulletin Board or the Pink Sheets as long as one market maker "vouches" that the company has current financial statements. Market makers do this by filing a 15c2-11 form. Because all market makers are NASD members, the NASD has responsibility for ensuring that market makers are abiding by that rule. "