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


To: Steve Borgdine who wrote (30539)12/26/1997 5:30:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 55532
 
Steve,

I have a couple of minutes to answer that. Speaking for myself, my past experience has shown that without visible signs of progress, one should be cautious about the claims of company managment. (And I mean multiple visitations and combined due diligence by a number of individuals, yea and nay, shareholders and "disinterested parties" combined.)

RMIL management has encouraged this hypothesis that a huge short position exists, while at the same time being unable to accurately tell anyone how many shares, restricted or otherwise, that they have in their possession and control.

A fixed fight is one where you give the Army its marching orders and a mission to achieve, but then undermine the effort on the homefront through misappropriation of logistics and equipment. Vietnam vets may be familiar with this scenario. RMIL management should not be thought as having the same interests as its shareholders. They have displayed incredibly poor management and accounting skills as revealed by their last public filings and the situation that they privately acknowledge exists today (after MK reveal their misrepresentations). All of the yeas MAY be honest in their representations, but if the house that they are building is being undermined by company managment, it will still collapse of its own weight without fundamentals to provide a firm foundation. And this is what the Nays have been suspecting all along with each and every misrepresentation that is revealed.

They are merely "promising" that their shares are locked up. What about the shares that any of their families own?? Remember SEXI where the CEO was passing shares out like candy to all of his family members??

Why has this stock been halted Steve??

Because the story has smelled so bad from day one. And I mainly post nowadays because Pugs and Riley need to be slapped with reality.

Regards,

Ron



To: Steve Borgdine who wrote (30539)12/26/1997 6:36:00 PM
From: michael d kugler  Read Replies (2) | Respond to of 55532
 
I haven't flat out lied here. Pugs has. Riley has. The company has too, according to the SEC.

It's about time you take a serious look at where the negligence has come from here. Who filed the fianacials? Who put out the press releases?

So who's really fixed this fight?