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


To: Rich_1 who wrote (37927)1/24/1998 9:05:00 PM
From: s martin  Respond to of 55532
 
>>>The company answered those questions satisfactory and the SEC, therefore, removed the halt. <<<

Is that what the company or Riley has told you ? It's dead wrong and you need to know that.



To: Rich_1 who wrote (37927)1/25/1998 1:35:00 PM
From: TLWatson59  Read Replies (3) | Respond to of 55532
 
Rich?_1: Let me answer two propositions in this one reply. First my return to commenting on the thread can be atributed to the personal abuse levied on me by PUGS when I had the audacity to respond to a personal request to give my opinion about something that had no bearing on what was being discussed here about OVIS/Rmil. This crap continues today ad infinitum by PUGS because he has a personal vendetta against MK. Others have sought my personal opinions on other matters aside from this obvious scam and in most cases I have been willing to answer where I thought I could supply the information sought.

In your case, as I have always maintained, ignorance can be forgiven since ascertaining factual information will generally correct that problem. Stupidity on the other hand is something inherent in a persons makeup and is far more difficult to rectify since it requires some semblence of intelligence quotient and from all of your writings here to date you just don't possess the necessary ingredients to correct your stupidity.

When you can call quoting from an official SEC publication, "putting a negative twist" on something I think your qualifications to counter my comments leaves you flying in the wind with your head located in some other part of your anatomy other than where it was supposed to be anatomically.

When the wording of SEC RELEASE NO. 39471/ December 22, 1997, specifically says: "The Commission temporarily suspended trading in the securities of RMIL because of questions regarding the accuracy of statemets concerning, among other things, the ownership and value of certain assets claimed by RMIL, RMIL's business operations and the merger of RMIL with third parties.

The Commission cautions broker-dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company." and you can can then call my reporting this a "negative twist" your ablility to comprehend english is defined.

Since I am aware of your mental shortcoming and capacity to understand what you read let me break these comments by the SEC (not TLW) down to level where even an apparent mental incompetent
like yourself can comprehend. ( I excuse Pugs from responsiblity from his contributions since I can attribute his failings to his having taken one punch too many in his illustrious pugilistic career)

The SEC says it stopped trading in RMIL because they had sufficient information in hand to determine that claims made by RMIL raised questions about their accuracy and truth. They did not say they did this to appease anyone who filed compalints with them in order to defame the company. More important was the explicit warning (not hint or suggestion) that any new communications from this company and its officers were to be viewed with skepticism since previous releases and filings definitely raised questions as to their truth and accuracy.

While the restraint of the trading order ended at the end of January 6, 1998, the warning to broker-dealers about being in compliance with Rule 15c2-11 has had the effect of extending that trading ban for as long as the Commisson desires. Until the Commission accepts RMIL's financial filings NO BROKER-DEALER and that includes those that make markets in the "pink sheets" may offer a bid or asked price for RMIL shares. How do we know that this prohibition pertains to any broker-dealer and not influenced by whether or not RMIL is a NASDAQ or OTC-BB stock or pink sheet stock. We know by the language the SEC chose to use in its RELEASE NO. 39471/ - " If ANY BROKER or DEALER (emphasis mine) enters any order which is in violation of the rule, the Commission will consider the need for prompt enforcement action."

You got that dummy.

TLW