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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 P. Weber who wrote (35509)1/11/1998 6:16:00 AM
From: FTJoe  Read Replies (1) | Respond to of 55532
 
I was answering your questions about the posting behaviour in my post from before, of course, I wasn't very clear about it:

To answer your questions, is it fair, I don't think so, is it ethical, apparently not, is it irresponsible, I don't know. What I do know is only my opinion that it does not warrant a civil suit.

Okay, so let's say I wouldn't be able to get the info from the MMs, I guess the next question might be, if the info is correct, then what's the problem? Trust me when I say I understand where alot of folks are coming from with this. The short answer to my very own question is the problem lies in the fact that it seems to be a concentrated effort on Michael's part that goes beyond supplying information and appears to be intent on tanking up the investment. I definitely understand that. But if you look at it from his perspective, and consider, as I do, that he is simply a zealot, his motives become a little less sinister. Arguing that we received correct information from a broker does not make for a very strong case or make us look very astute. ;-) Make no mistake, there are other cases where I thought Michael stepped over the line as a nay and presented information in a less than straight-forward manner. I thought the "bomb" he dropped about the shares he had calculated out was a joke(after I finally caught on to what he was doing). That was when he was going through the 10K and figuring out what OVIS/RMIL owed in shares to other parties. Very flawed and mis-leading argument. When he first mentioned it, only a few understood it was really just a red herring, but he was "in your face" with his numbers. Not very honorable, but really had nothing to do with being a broker, he was just being a jerk then(IMO). ;-)

What I really would like to know are the grounds of the suit. Is it suspected ties with shorts or only the fact that a suit can be made against someone posting negative comments because they are a broker?