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


To: michael d kugler who wrote (30542)12/26/1997 7:09:00 PM
From: tonto  Read Replies (3) | Respond to of 55532
 
"So who's really fixed this fight?"

RMIL management certainly is responsible. The company's policy regarding issueing false and misleading press releases, creates problems that the shareholders end up paying for.

The SEC is protecting the innocent investor, and allowing the shareholders to learn more about their company, while giving the company an opportunity to respond to questions and submit the financials which have been reported to be near completion.

I do not believe the financials are near completion, that only a draft has been completed, and because of a lack of funds, has gone no further.

When I spoke to the company, I was advised that they would have to pay
$80,000 for the accountants to do the audit. They have not done so as of the 23rd. That implies the financials are far from completed by an independent source. The lack of money has hurt the company.

The company must square away the false press releases, I do not know what is required, but because of the significant amount, it will require more than an apology.

Funding at this time continues to be an unknown. When the company issued the 12/24/97 funds transfered into their account release, I posted to the date because of early bank closings. It sent me a signal
of concern. Without comment today, it has heightened. The shareholders are awaiting word, and if it had in fact transfered, they should have advised for your own piece of mind.

But what troubles me most right now is my conversation with Lorie.
I believe Lorie to be a good honest person who repeats as accurately as she can the information provided her.

I did not post this earlier, because I did not wish to add additional stress prior to Christmas. With the halt, information could be held for the two days.

I asked Lorie about the garment business. I asked her where the clothes were sold. She advised me she did not know. I asked how the garment business was doing, and she said she did not know. She then asked me if I was aware I had called the Fort Lauderdale office?

I asked why? Lorie responded because the company sales, orders, and manufacturing are all taken care of at RMIL's Hialeah plant.

Lorie only started 6 weeks ago she advised me. She has been told that the company is operating in Hialeah. One can assume Roland or Gary are training her. The company does not operate in Hialeah.

Lorie believes the company she works for does indeed produce and sell garments out of its factory in Hialeah...



To: michael d kugler who wrote (30542)12/27/1997 2:34:00 AM
From: shades  Read Replies (1) | Respond to of 55532
 
I haven't flat out lied here. Pugs has. Riley has. The company has too, according to the SEC.

I never said you did, but you have kept secrets, what did you mean EXACTLY when you told Riley you could get him out of this, did you mean you could save him some money before the shorts covered before he released some shares, or did you mean you could save him some money before the SEC stepped in, either way I think that was priveledged info that you should have given to everyone, not just Riley, I don't like what you represent here Mike Kugler, I am not attacking a messeger of bad news, but a man that smells foul to me and stinks putrid, what are you hiding and what secrets are you keeping from the rest os us, a caring broker would not seek out my web page and post it on this thread for the sole purpose of harassment, a shorter trying to scare me and shake shares would, what was that action supposed to convince me of, that you "cared" about me, are you crazy, you do not really believe that do you?
I do not think tlwatson59 or tonto would do such things, neither do I think you have the same motives as them, what are you hiding and what was so secret that you talked to Riley about, if you really care about saving me, tell me, otherwise your credibility is compromised.