To: Angel D who wrote (39379 ) 1/31/1998 6:25:00 PM From: David R Respond to of 55532
Angel, I am not PO'd at you. Obviously, you have not been follwoing this thread in its entirerty, or you would know my history with OVIS/RMIL. I initially came in with questions (tainted with a bit of cynacism, I admit), after lurking for a while. The response from the "cartel" was unusually hostile. Mind you, I have been on both the bull and bear sides of some pretty hot forums, but OVIS is/was king. With the smal amount of publically available info on OVIS, serious DD is difficult. Never the less, I took them at their word for the facilities and orders. I never felt the squeeze was likely, but it seemed the OVIS stood a chance to recover some of the 30:1 back split loss (assuming that they were going to have revenues). That being said, I chose to make a small investment in OVIS based on: 1) If the company met their revenue projections, the stock could stage a major recovery. 2) The cartel did display solidarity. Hence, I accepted the squeeze as a possiblity. I never saw OVIS as anything but a high-risk investment (aka Vegas). I occasionally "waste a few dollars on high risk opportunities, but never commit any substantial amount. As I have had options expire worthless, so has RMIL. No big deal. No sweat. What is left, is reality. That is what we are debating. Is RMIL opened for business or not? Will RMIL ever trade again or not? Is there a squeeze. Leave the sentiments at home. Lets stick with the facts as they are. It amazes me that there is no such thing as risk in the eyes of the RMIL cartel. Is there a one of you who is concerned about the deceptions by RMIL MGMNT? Do any of you care about the lack of funds? The fact that RMIL is not trading, and likely never will, which eliminates any possiblity of a squeeze. I feel like I am dealing with a bunch of JW's. It is like a brick wall. What happened to reason? Debate? THe possiblity that you could be wrong? Now, I have a great solution to this entire debate, Angel: This is my prediction: 1) No MOney 2) RMIL never trades again. 3) The squeeze is dead. Let's refrain from conversing until one or more of these predictions are proven to be either TRUE or FALSE. This is what I consider proof: 1) RMIL issues a press release stating the money is in, and plant construction is under way (easily verifiable). 2) RMIL Trading resumes. 3) Based on actual occurance of item 2, the price of RMIL increases to better than $5/share. Until one of these happen there is no point in us conversing. Best to you, and have a nice weekend. David