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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 (41268)	2/10/1998 11:49:00 PM
From: emergencyops	Read Replies (1) \| Respond to of 55532

Good stuff Tide! Did anybody go to Lompoc, or did they just cease and desist? Thanks for the research. EmergencyOps / Gary

To: TideGlider who wrote (41268)	2/11/1998 12:01:00 AM
From: TLWatson59	Read Replies (1) \| Respond to of 55532

TG: All's well that ends well. The fact is that all of this was known years ago and the only similarities as I see it is that the SEC has chosen to investigate both. There is one major difference between Presstek and Ovis/Rmil. In one case there was gross exageration of sales of an existing product with real sales. In the case of RMIL it's all hokum. No Plants, no products, no sales no assets of any measureable value to say nothing of illegal share sales. Not illegal short sales. Here there are no volumes of SEC Filings to be codified and varified. If you think this will drag out for years so be it. I dont't think it will go much beyond this summer if that long. It's kind of past my bedtime so I may have missed your point.

To: TideGlider who wrote (41268)	2/11/1998 6:29:00 AM
From: tonto	Respond to of 55532

FALSE AND MISLEADING INFORMATION: RMIL is a similiar story with its releases pertaining to sales contracts, plants operating at capacity and profitably, plants operating when they were evicted from that location, plants being owned by the company when they are not, vessel ready to move and is beautiful when it is sunk in the harbor of Jamaica,... I have stressed this from the beginning, the SEC must censure the company regarding these terrible acts. Morgan, Financials, and the SEC. "Presstek violated the antifraud provisions by falsely stating in its November 7 release that Heidelberg "has sold over 500" Quickmasters, when in fact Heidelberg had merely received that many orders. 3. Liability for Inaccurate Projections And False Statements by Others a. Entanglement Liability An issuer is liable for inaccuracies in a research report published by someone else if it "sufficiently entangled itself" with such information to render them attributable to the issuer. Elkind v. Liggett & Myers, Inc., 635 F.2d 156, 163 (2d Cir. 1980). The brochure! "We have no doubt that a company may so involve itself in the preparation of reports and projections by outsiders as to assume a duty to correct material errors in those projections. This may occur when officials of the company have, by their actions, made an implied representation that the information they have reviewed is true or at least in accordance with the company's views." This is very bad for RMIL. "By distributing misleading projections to investors, an issuer can be held liable for having impliedly adopted such misleading information. See Cypress Semiconductors, 891 F. Supp. at 1377" Pugs wants everyone to believe everything is going to plan, a plan that RMIL controls...he is flat out wrong and investors should be cautioned. Those with an investment already made in this company should make sure that the company understands your personal concerns, and that it must start to give you straight honest answers to your questions. They are not your friends.