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


To: Mr. Dendro who wrote (36080)1/12/1998 10:15:00 AM
From: Ditchdigger  Respond to of 55532
 
Interesting letter received by a Oilex shareholder.(some relevence)
To: Taichi (2435 )
From: OFW
Monday, Jan 12 1998 10:08AM EST
Reply # of 2439

OFFIE RECEIVES LETTER FROM OILEX ATTORNEY

January 5, 1998

Law Offices
Christensen, Miller, Fink, Jacobs, Glazer, Weil & Shapiro, LLP
2121 Avenue of the Stars
Eighteenth Foor
Los Angeles, California 90067-5010
(310) 553-3000
FAX (310) 556-2920

Direct Dial Number (310) 282-6266
Email: ssilbert@chrismill.com

Stephen P. Norris
P.O. Box 35,000
Florence, Oregon 97439

Re: Oilex, Inc.

Dear Mr. Norris:

We serve as litigation counsel for Oilex, Inc. ("Oilex"). We write in response to your
recent posts on the Internet which target both the management of Oilex and Mr. Allan
Burditt, who happens to be a shareholder of and consultant to Oilex, and not an
employee, officer or director.

Frankly, we are a little confused as to your zeal for the "truth" when, according to your
post number 2080, dated December 19, 1997, you own only one share of Oilex
stock, which is currently worth less than one dollar. Perhaps you are merely a "tool" in
someone else's scheme to damage Mr. Burditt?

Assuming, however, that as a minority shareholder you do have the company's best
interests at heart and you do have legitimate concerns, we request that, in the future,
you correspond with the company directly so that the board of directors can address
each of your concerns in a more appropriate forum. Clearly you understand that the
company must safeguard against the premature disclosure of dubious information which
may affect the price of the stock, either negatively or postively. In all such
correspondence, please provide the board of directors with a list of the problems that
you perceive, including specific references to supporting documentation, so that it can
analyze your claims and promptly respond to each of your concerns.

You must realize that haranguing the company on the Internet only inures to the
detriment of all Oilex stockholders. As such, we demand that you immediately cease
and desist your attacks on Oilex over the Internet. If it becomes apparent that your
recent attacks are motivated by something other than a genuine concern for the welfare
of the company, however, please be advised that we will recommend legal action to
Oilex to prevent this continued interference with its business activities.

We write subject to and without waiver of Oilex's rights and remedies, all of which we
expressly reserve.

Very truly yours,

/s/

Stephen D. Silbert



To: Mr. Dendro who wrote (36080)1/12/1998 12:06:00 PM
From: Riley G  Read Replies (2) | Respond to of 55532
 
NOV 07,1997 12:14 PACIFIC 15:14 EASTERN

Shareholder of Rocky Mountain International Ltd. -- OTC: RMIL -- Sued by Admitted Short Seller

BROOKLYN, N.Y.--Nov. 7, 1997--Riley G, an individual investor of Rocky Mountain International Ltd. (RMIL) responds to the press release issued Nov. 4, 1997 by Dempsey Mork of Development Bancorp (OTC: DVBC), and Magellan Capital Corp. after being served a summons of complaint in United States District Court, Central District of California. Case number: EDCV-97-300 RT (VAPx).

ÿÿÿÿ1. Riley G started a grass roots movement with other shareholders of "Rocky Mountain International Ltd. (OTC: RMIL)" after uncovering over 1 million shares in excess of the public float. These extra shares in the RMIL market are the direct results of abusive short selling by well-capitalized trading firms and individuals attempting to profit from market manipulation rather than company and market fundamentals.

ÿÿÿÿ2. Riley G recommends that all shareholders take physical delivery of their stock certificates. When delivery of stock certificates is demanded by a significant number of shareholders, the creators of nonexistent stock will be forced to clear the market of the extra shares that they flooded in to the market. We are not talking about legal shorting; we are talking about the selling of nonexistent shares. Thus keeping the price of a stock down in attempts to terminal short it. If a terminal short is made (stock value = $0) then the short sellers never have to worry about coving the extra shares that they flooded the market with. This is why every shareholder must demand delivery of their certificates!

ÿÿÿÿ3. Riley G states for the record, "I am only a shareholder of RMIL stock and have no direct or indirect ties or links to Rocky Mountain International, LTD. (RMIL). I am also sick and tired of the short sellers and their associates on the Internet with their repeated attacks on other RMIL shareholders and myself, as they continue to slander a company that I am a shareholder of. It appears that the short sellers' main intent is to manipulate the price of RMIL down in an attempt to cause shareholders to sell off their shares for the personal gain and benefit of the short sellers."

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