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: KMT who wrote (31667)	12/30/1997 9:31:00 AM
From: s martin	Respond to of 55532

Regarding your questions about the SEC investigation, you're right.. one would have to work for the SEC to have any indication of the status of an investigation. They do not halt stocks without very good reasons, it is my impression that they can only halt them for a 10 day period, but that can be extended if the situation warrants it. I see no rationale for thinking the stock would open at $3.00...$.30 would be more like it IMO. The company itself would be aware of certain areas of concern, but they may not know all the angles. The penalties are also undertiminable, they range from a censure to jail time for criminal charges. As you can imagine, if they do open for trading, they would indeed be under the microscope. I have seen stocks halted, open up and be halted again. Puhrty made us aware of the investigation in late Oct... as you can see they have been investigating for some time now. Pugs and Riley will probably continue to attack the messengers and refrain from placing the blame where it belongs. I have decided to take hiatus from posting,the thread has become a vicious personal battleground.