Pugs, the SEC appears to disagree with you,
ECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
SECURITIES EXCHANGE ACT OF 1934
RELEASE NO. 39471/
December 22, 1997
The Securities and Exchange Commission announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the "Exchange Act"), of over-the-counter trading of the securities of Rocky Mountain International,Ltd. ("RMIL"), a Fort Lauderdale, Florida-based company which holds itself out to be
a garment manufacturer and water bottler, at 9:30 a.m. EST, December 22, 1997 through 11:59 p.m. EST, on January 6, 1998.
The Commission temporarily suspended trading in the securities of RMIL because of questions regarding the accuracy of statements concerning, among other things, the ownership and value of certain assets claimed by RMIL, RMIL's business operations and the merger of RMIL with third parties.
The Commission cautions broker-dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company.
Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker of dealer has any questions as to whether or not he has complied with the rule, he should not enter any quotation but immediately contact the staff of the Securities and Exchange Commission in Washington, D.C. If any broker or dealer is
uncertain as to what is required by Rule 15c2-11, he should refrain from entering quotations relating to RMIL's securities until such time as he has familiarized himself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will
consider the need for prompt enforcement action.
If any broker-dealer or other person has any information which may relate to this matter, the Miami, Florida office of the Securities and Exchange Commission should be telephoned at (305) 982-6337.
UNITED STATES OF AMERICA Before the
SECURITIES AND EXCHANGE COMMISSION
ROCKY MOUNTAIN INTERNATIONAL, LTD.
ORDER OF SUSPENSION OF TRADING
File No. 500-1
It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Rocky Mountain International,
Ltd. ("RMIL"), a Fort Lauderdale, Florida-based company which holds itself out to be a garment manufacturer and water bottler, because of questions regarding the accuracy of statements concerning, among other things, the ownership and value of certain assets claimed by RMIL, RMIL's business operations and the merger of RMIL with third parties.
The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above-listed company.
Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the above-listed company is suspended for the period from 9:30 a.m. EST, December 22, 1997 through 11:59 p.m. EST, on January 6, 1998.
By the Commission.
Jonathan G. Katz
Secretary
Pugs, it is time to realistically look at the company. It reported operating plants that were not operating under its name, its flagship vessel was refurbished, it gave specific reasons for its delay in financials, you will learn more about that. I touched on it last week.
Eviction from Nicaragua not mentioned, you were advised but decided it was irrelevant. You have written much about the short position, the professional investigator missed(?) all the easy points which pointed the company to be leading up to a trading halt to as the SEC wrote, PROTECT THE PUBLIC INTERESTS AND THE INVESTOR. You were advised this was their charter several times. Of course they must halt trading.
Riley, shades, joey, and other leaders have some honest explaining to do to this board, as do you. Get the truthful information out. It is to the honest investors advantage.
mtnres booted me off and I stopped posting quietly on the irc channel.
This action most certainly caused some to hold their shares. Many have been irresponsible, it is a hard lesson. Hopefully in the future we will be able to be smarter and do a better job.
Mike Kugler in fact is not a shorter as you have been advised. The "gang" found it useful to ignore this and feed the position that he is one, to distract you from the truth. The personal anomisity that developed here was wrong between all parties, but Mike did an exceptional job along with others of bringing excellent information to this board.
You have been wrong in your position, accept it, learn from it, and learn the truth. Start to learn more about the key players.
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