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


To: RBM who wrote (36614)1/14/1998 9:12:00 AM
From: Ditchdigger  Respond to of 55532
 
<(which I do believe exsist, maybe not to the degree estimated, but I
believe they do exsist)> Why? What did/do, you base your opinion on? TIA
DD



To: RBM who wrote (36614)1/14/1998 9:36:00 AM
From: Ditchdigger  Read Replies (3) | Respond to of 55532
 
Rob,from your silence,I hope you are taking this opportunity to lay out your objective opinion on why you believe there is a short position in this stock? DD



To: RBM who wrote (36614)1/14/1998 4:40:00 PM
From: Hawkmoon  Respond to of 55532
 
<<<I want to see this company make it,>>>

Well wouldn't we all, Rob..

I never wish that a company fail for it only hurt the shareholders in the end.

But what I despise is a company's management utilizing the equity market to either enrich or merely support themselves. Current RMIL management has displayed a history of utter disregard for its shareholders.

Examples would be the 13 million share Reg S which apparently only generated a little under $1 million in revenue, followed by the 300-1 reverse split. Then they go out and write themselves millions of shares of stock options on the back of their shareholders to top it off.

Then we see this management team engage, in my opinion, was a deliberate scheme to misrepresent and hype the the actual status of their company's operations. And as of the past 6 months we have seen NONE of the required SEC quarterly/annual public filings they are supposed to submit.

And when the company is finally forced to issue an 8K after an SEC trading halt, we discover that not only have they misrepresented the status of ongoing merger talks with RMCW and PALCO, but they have lied about the ownership of their two garment manufacturing facilities in Florida and Nicaragua.

OLPV/OVIS/RMIL's history is one of ongoing obfuscation of truth and unfulfilled promises.

And then on top of that, we have a concerted effort to ignore all of this derogatory information by the Hypsters on this thread in order to lure unknowing individuals into taking positions in this stock based on unverifiable and shady short squeeze scenarios.

Again, look at the circumstantial evidence. RMIL shareholders alledgedly have had over 3/4 of the company's stock in Certificate for since early December (according to Riley). Yet the stock price has reflected exactly the opposite performance by declining 75% from its high of $4.

If the above information isn't enough to make a few people scratch their heads and asking hard questions of management, too bad. I'll be out here until people do.

This I'll do willingly until the Hypsters cease their attempts to lure more "sheep" to slaughter.

Regards,

Ron