Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ellen who wrote (29104)	12/22/1997 11:16:00 AM
From: Mesaba	Read Replies (2) \| Respond to of 55532

Experience tells us that this is going to take a long long time and when it resumes trading it's probably going to be way WAY down, and trading only on pink sheets. There's a long process for the SEC, the MMs, and the company to get back to trading even if the SEC finds nothing wrong. Mesaba

To: Ellen who wrote (29104)	12/22/1997 11:17:00 AM
From: Ditchdigger	Read Replies (1) \| Respond to of 55532

Ellen,It will take awhile to research all the acquistions-mergers,etc. There is no company history(the records were lost)-the SEC won't take chances,especially in light of recent Nasdaq proposed rule changes etc. DD PS: maybe they could recruit Mike K.to speed things up some-it appears you gave him far to little credit...

To: Ellen who wrote (29104)	12/22/1997 11:19:00 AM
From: Buster	Respond to of 55532

Ellen, go on over to the GRNO thread to see what a trading halt did to that stock. Even though the company was cleared of any major wrong doings the company is still trading on the Pink sheets and the price has tanked from $5.00 to .25 - 1.00 depending on the day. I'm sure a couple of the people on the GRNO thread would be able to fill you in on any questions you have. Buster

To: Ellen who wrote (29104)	12/22/1997 2:14:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 55532

Ellen, I don't mean to be "mean", but you are still thinking in a slighty naieve perspective. 15C-211 requires the company to have ALL financial information updated and each mmkr must submit that they have met the requirements of 15c-211... ie: fully reviewing all current information. RMIL will have to not only hold off the SEC "dogs" subpoenaing pertinent information, spending their money on qualified legal representation (retain the best guys.. it's an investment in the future), but they will have to convince their equity partner that they are still a current and viable entity while under the scrutinizing eye of the SEC. I don't think the SEC would have taken this action unless they have a pretty solid case sewn up. They don't like spending money on no return scenarios. And one of these investigations can cost the government well into the 7 figure price. We'll see.. but unless this company can present some compelling reasons to mmkrs, you all have your dresser drawers full of expensive wallpaper. And Riley.. I strongly suspect they will be subpoenaing your trading records as well as your bank accounts. Get your documents ready and pray you have nothing to hide. Regards, Ron