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

To: TideGlider who wrote (38235)	1/26/1998 2:25:00 PM
From: Just My Opinion	Read Replies (1) \| Respond to of 55532

TG: I have no answer for you. To me it's a matter of faith. If they are wrong, then boo hoo. No one is forcing you to belive it exists. Is there a GOD? As far as I know, there is absolutely no known way to ascertain how many, if any at all, naked shares are sold in ANY company. This is an obvious riddle, if you will analyse the problem. What naked shorter in his right mind would telegraph a position like this? The only way to find out, is by hindsight. (IMO) Hindsight does not come about unless the issue is pressed. If you can come up with any way to discover the answer, please by all means produce it, THEN you will have contributed something that is truely of value to everyone. You will save a lot of grief and possible loss or gain , not only in THIS stock, but many that will be sure to follow. al

To: TideGlider who wrote (38235)	1/26/1998 2:37:00 PM
From: Pugs	Read Replies (1) \| Respond to of 55532

Undeclared short sellers don't borrow the stock they are selling. They (in most cases) don't even have to pay the margin requirements for their position. They are betting on (and trying to create) total failure of the public company. The odds of failure in small business are better than 98 to 2. There are many ways a public company can confirm an undeclared short position in their stock. One way is to use the response to the company's annual general meeting. The company can add the issued stock (IS) and the short interest (SI). The sum is the stock available in the company's market. Now add the known shareholder positions (KS) and the street stock proxies (SP) If the (KS+SP) sum is greater than the (IS+SI) sum, you have an undeclared position in your stock. Most street stock owners (held in street name at a brokerage firm) don't even submit proxies. You can estimate the size of the undeclared short position by multiplying the stock proxies by 1000. This assumes 10% of the street owners submitted proxies (an estimate, by the way, which is unusually high). When public companies do this comparison they often learn they have 3-7 million shares short and undeclared. Riley has posted RMIL numbers on this thread before. They have been recently revised, verifying claims with cert#'s, dates, chronological & numerical sequences, on the E-Mail thread. Pugs