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


To: Riley G who wrote (29905)12/23/1997 1:06:00 PM
From: Mr. Aloha  Read Replies (2) | Respond to of 55532
 
I think the point is... Many have tried to warn investors...

because they've been burned before. I'm personally trying to add a little REALITY here.

You guys/gals have been so fixated on the SHORTS and MM's that you didn't care about the company or what they did.

For all you know, the company and the shorts could be one in the same? That's the ideal plan. Create the ULTIMATE SHORT and hire a stock promoter who JUST HAPPENED TO FIND RMIL/OVIS out of the blue (hint hint - I hope the SEC looks over your brokerage(s) accounts).

The SEC is telling you to use CAUTION when reading ANY STATEMENTS FROM RMIL.

I don't care if you sell at the open or not. Just don't expect the stock to open for the same price it closed. I personally don't think it will be on the OTC market again. It's pink sheet bound. The financials they get from RMIL will kill the game.

I honestly believe that someone here on SI is connected with RMIL and has manipulated most of the cartel members into buying and holding while they sold stock.

This is the most facinating case of fraud I've seen - the perfect scam.

Bryan



To: Riley G who wrote (29905)12/23/1997 1:10:00 PM
From: Sid Turtlman  Read Replies (1) | Respond to of 55532
 
Riley: "I am completely amazed and befuddled as to why the nays are still trying to get the longs to sell at the open"

Open? Are you sure there is going to be one? I've seen many cases where the 10 day suspensions get renewed over and over again. In the case of this dog, it isn't a simple matter of the company being late in one filing. There are several missing filings, and many of the past filings were evidently fraudulent and must be redone. That could take many months, and many hundreds of thousands of dollars of accounting fees.

If that mysterious Asian with more money than brains gets second thoughts, the company will never be able to pay the accountants. No accountants, no honest filings that satisfy the SEC; no honest filings, no reopening of the stock.