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

To: Just My Opinion who wrote (33403)	1/5/1998 7:18:00 PM
From: Michael Harb	Read Replies (4) \| Respond to of 55532

Telling a shareholder a material event, who then may, at his whim, decide to share it on an internet thread is not an acceptable way of making information public...It is clear to me after following this thread for many months, that the company has shared a great deal of inside information with selected individuals before making it available to the general public. The company was telling shareholders the deal was dead a couple months back, now they're telling the SEC it died 2 weeks ago. They're either lying to shareholders or lying to the SEC. Can't have it both ways. mike

To: Just My Opinion who wrote (33403)	1/5/1998 7:21:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 55532

Al-len, One would perceive your opinion as being correct. We certainly have nothing to hide out here on SI. However, the SEC views it differently. They see a conspiracy to only reveal information privately and in a less than disclosing manner. How much would it have cost for RMIL to file an 8K when the negotiations officially terminated, if indeed before the SEC halt?? Not much. But it seems that it required an SEC trading halt to convince the company to file anything. Now they have to deal with their audited 10K filing. Btw, there is still that rather interesting comment made by M.Kugler, who also uncovered the info on the status of the garment plants (for which he was called a liar and short-seller by the yeas). Do you remember it?? He identified two US citizens that may have been linked to the 13 million share Reg S deal that Morgan put together. That's a no-no and highly illegal as well, if true. Reg S is solely for the purpose of raising capital from non-US affiliated entities/persons. If this is true, RMIL will be sitting on the pink sheets for some time and will likely face serious fines and/or criminal charges in the future. That is... if this information is correct. So if the company has misrepresented itself for the past 4-5 months about these material issues, what else have that misrepresented?? I bet you the SEC will find out.. They're pretty good at those kinds of things. Regards, Ron