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

To: shades who wrote (30576)	12/27/1997 1:28:00 AM
From: Hawkmoon	Respond to of 55532

Shades, Sometimes people just place a small bet on a possibility. If I thought RMIL had ANY REASONABLE chance of being involved in a credible short squeeze, I would be on board as well.. (then hopping off the moment I double the value of my position... :0) I did it with GIFS and IMXS and now have a small tax loss. My GRNO may be seeing some light at the end of the tunnel, but their credibility is still wounded by the SEC investigation. That may take a little time to regain. And while an SEC investigation is not necessarily the end of a company, it certainly will place an EXTREME financial burden upon them that will likely cause the ceasing of operations. And it will be slow and painful which is the saddest part of it all. GRNO would have ceased to exist as well had it not had some newly arrived at cash reserves to rely upon and a CEO willing the spend the money to hire qualified representation. What you have to understand is that the SEC only seems to take action once it feels it has the evidence to derive financial penalties against the defendants. They don't like having their time wasted on petty cases. They are understaffed, overworked, and underappreciated. (That is, until they go to work for the private sector defending companies against the incoming crop of newly anointed and dedicated SEC attorney's that replace them... :0) It takes an SEC trained attorney to defend against one and each staff attorney is looking to "make their bones" with a case that will lead them to more properous fields. Hope that I'm wrong about predicting the end of this company, but the odds are that I'm right (I have a little experience in this arena), and the Yeas need to begin to adjust to this possibility. You may not get the opportunity to sell your shares. Regards, Ron