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


To: MY OPINION who wrote (35545)1/11/1998 2:44:00 AM
From: (Bob) Zumbrunnen  Read Replies (1) | Respond to of 55532
 
I really appreciate the effort you put into those questions and the non-partisan way you chose them.

I don't doubt at all that you're going to be pretty tenacious where the company is concerned.

I've got a way off-topic question for folks here, but it kind of ties in. There's a varied enough cross-section of the investing community participating, so I'd very much like to hear the varied (or unanimous) feedback on this.

I'm a computer consultant and I've got a client that's a publicly-traded company who is very far behind in paying me and other vendors. It's my understanding that they're late with *all* of their vendors. I've since quit working for them until they get caught up on my invoices.

From my observations while at the company site, and conversations with folks in the company, I'm certain the company is out of cash and in a very bad way.

The question: Am I ethically obligated to make this information known to shareholders, or am I more ethically bound to keep it to myself? I'm tending toward the latter. I used to trade this company, but have ceased doing so since coming into information that likely only I and other vendors know. I don't know if it really fits the description of inside information.

I am not employed by this company; they contract my company's services under a verbal agreement.