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

To: Pugs who wrote (38202)	1/26/1998 9:33:00 AM
From: tonto	Read Replies (2) \| Respond to of 55532

Pugs, your attempt to distract this board away from the purpose will be to no avail. If you want additional information regarding the GIFS scam, do your own dd, but get it right, your innuendos are getting old. Your supporting management that has done something very wrong identifies your purpose which has nothing to do with morality and everything to do with self-enrichment no matter what the consequences of management's actions are to the public. You may be able to seperate this wrong perpetrated on the public, but the wrong continues to exist. Glad to see RMIL is in the drivers seat and will resume "trading under their terms".

To: Pugs who wrote (38202)	1/26/1998 9:41:00 AM
From: MZUBOZ	Respond to of 55532

I won't apologize for past managements' track record, I'm an RMIL investor NOW Pugs, I have bitten my tongue several times over the past couple of months because I stated that having sold my shares I would not post any more. Please except my apologies for breaking that "promise." The past management that many are complaining about are the same people that are currently running the show. They (Morgan and Breton) have a history of grossly misleading investors. I should know; I was a shareholder from August 1996 until November 1997. I threw in the towel after the PR that the money was in the mail, but would be received no later than December 24. Why should anyone expect the promise that the money will be received by January 27 be met. There is a basic principle in psychology that the "best predictor of future behavior is past behavior." Given that, IMO it is highly unlikely that the money will be received this week or next or any time soon. You have several times stated that the 10-k is ready and will be filed as soon as the money is received. Wasn't it soon after the 10 day halt expired that the company told people that they had submitted everything that was needed to begin trading again? Of course this was after they first stated that the reason they did not immediately begin trading was that the SEC/NASD had failed to inform them that they needed to file some type of form. Don't forget that the 10-k for fiscal year 1996 (ended June 30, 1996) was not filed until March 1997 even though promised in a press release to be filed in January. How can anyone even begin to believe anything that the company says? For all those that have bought shares under the assumption that the company was to believed, I hope that you will at least be able to recover your money. I was lucky--I got out with a very small profit. I don't believe that there is any investor who would be willing to risk $10 million on the company. If I am wrong, I will post a retraction to everything I am complaining about. One final point: I have come to believe that most of the problems brought out by the nays are in fact true. Some such as tonto have been very even-handed (IMO) and have not resorted to personal attacks. Others such as smartin, skeeter and lately TL Watson have laced their criticisms of the company with insults to those who disagree with them. FTJoe made a very good point several months ago. He pointed out that if the goal was to be right about the company, perhaps some of the nays would eventually succeed, however if the goal was to change peoples minds, they would fail because of the sarcastic and disparaging approach taken (Sorry Joe, I probably haven'T said it as well as you did, but I believe I have the gist of it.) Some may take shots at me and they have every right to do so. I will not respond to any replies, since I have said all that I intend to about the company. GOOD LUCK TO EVERYONE!

To: Pugs who wrote (38202)	1/26/1998 3:07:00 PM
From: John Brockman	Read Replies (1) \| Respond to of 55532

Pugs, you wrote "The MM's will be supplied the 10K only after the cash reaches RMIL and the 15c2-11 will be complied with, then trading can resume under RMIL's terms." I have been following this thread for some time and believe that your statement is not in complete agreement with a post from Mark Seyer that I have copied below with my questions. "Tonto, DD and those inquiring on the trading status, "Correction: I do not know for sure where the stock will trade. The market makers will determine that." Months ago I queried the Quotation of OTC Securities section at the NASD that handles Rule 15c2-11 filings/requirements. Here is a synopsis of the information I gleaned. After a 10-day administrative halt expires and providing no additional SEC action (court order, etc) is taken, TRADING (pink sheets) in a security can resume but marketmaker QUOTATIONS (OTCBB) cannot until a 15c2-11 is submitted and approved by the NASD. If trades are executed via the pinks through a NASD member firm, they must be reported via normal NASDAQ channels. What you will see on quote services is a "frozen" quote (bid/ask) with volume and price reports if trades occur via the pinks. Suggestion for anyone curious. Call a brokerage firm that subscribes to the pinks and see if RMIL is listed there. Or for the financially daring, submit an order for a very minimal number of shares and see what happens. Be aware that not all brokerage firms deal in the pinks and success or failure of a trade submission might be dependant on that fact. If an execution occurs (no pun intended),the trade will be reported. Pink sheet trading is a murky arena for trading so beware of illiquidity and the inherent inefficiencies (wide b/a spreads). In light of our litigious (sp?) society, the tone of this thread and although I am in no way a broker/dealer/yay/nay etc., the above was NOT a recommendation to buy/sell/pump/dump RMIL or any other security. Merely a suggestion for a means to confirm the trading status." Q> Has anybody inquired with various brokers whether or not RMIL is available for trading on the pinks? "As far as the 15c2-11 process. The NASD indicated that as few as one MM could submit a 15c2-11 either before or after receiving updated information and if approved, any and all MMs could resume quoting after 30 days without filing. The problem is that the odds of NASD approval BEFORE a company update are zero and if the SEC investigation is ongoing the odds are nil. When the NASD receives a 15c2-11 filing, they contact the appropriate SEC office for an update on any ongoing investigations." Q> The trading halt is over but has anybody inquired whether or not the SEC investigations is still ongoing? If it is ongoing, the company could receive 5, 10, or 100 million but still would not have the SEC approval to trade. Also, the statement that "when the NASD receives a 15c2-11 filing, they contact the appropriate SEC office for an update on any ongoing investigations." I don't believe that the SEC is going to have NASD hold the phone and give them an immediate answer. You are dealing with a bureaucracy and the red tape associated with that bureaucracy. Don't get your hopes up that trading is automatic just because the proper paperwork is filed. "Suggestion. Someone call RMIL and query whether they have submitted the complete, accurate, and proper forms (based on the SEC's and NASD's opinion) to any or all marketmakers and whether they have "settled" with the SEC or whether the investigation is officially over, if RMIL has access to that information." Q> Have RMIL officials had to appear before the SEC in a hearing to respond to any of the charges in the trading halt? Is there any indication that RMIL and the SEC have settled? RMIL never acknowledged in a press release that a trading halt occured and that they were cooperating with the SEC and all that fluff. Why not? "The short of it. The NASD is the approval authority since they regulate the market makers but SEC does indirectly control whether an OTCBB market is made in RMIL. Ultimately the COMPANY, by providing current, complete, and accurate information to satisfy the SEC's investigation, is in direct control of its future." Q> The SEC is in direct control of RMIL's future, not RMIL as you indicate. Many of the nays post that RMIL is behind in their financials. If RMIL waits till the $$$ is in the bank to submit their financials (which I understand would not have a line item of the 5 or 10 million because it was received after the date of the financials) the SEC must still review and approve those forms. What is the rational for not submitting the financials now and get the slow motion bureaucracy of the SEC moving now? A person I work with always says "sooner is better than later". I would think that applies to RMIL. "Just saw Riley's post (34819) concerning the 15c2-11. He may want to confirm whether the SEC investigation is ongoing and also call the appropriate NASD office to confirm my information as it apparently differs from his. Mark" John