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


To: Jeff Harrington who wrote (41528)2/13/1998 5:53:00 PM
From: campe  Respond to of 55532
 
The Stock Detective had something to say about RMIL in its BAAT article. Let's hope Joey's "good news trip" puts an end to all the negative speculation...

"Although the suspensions are meant as warnings to investors, as well as a roadblock to manipulators, they can have dire consequences. For example, the SEC halted trading in Rocky Mountain International on Dec. 22 when the stock was at $1.63. The SEC suspended trading "because of questions regarding the accuracy of statements 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 stock has not resumed trading so anyone stuck with the stock may end up with nothing but wallpaper.

Questionable press releases have also played a role in getting three other companies suspended since November, two of which have not resumed trading."


stockdetective.com