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

To: RBM who wrote (41628)	2/16/1998 4:53:00 PM
From: TideGlider	Read Replies (2) \| Respond to of 55532

Something just emailed in: Monday, February 16, 1998 Editor: Bob Davis napeague.com A NEW BLIVIT LIST MEMBER! I was quickly scanning misc.invest.stocks when I noticed an old and familiar name - "Riley G"...so of course I had to stop and read the post. Some of you will remember "Riley G" from my write-up on OVIS last August. Subsequently, OVIS carried out some form of transaction which resulted in it merging with a bottled water company and changing its symbol to RMIL. A while later the SEC halted trading in RMIL ""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." Well....the post read "TVSI has been shooting up the past few days on rumors of a big merger. Check it out." Hey...I'm a cooperative guy.... so...of course I followed "Riley G's" instructions..... After visiting Silicon Investor and discovering that there are already almost 1,000 posts to the TVSI forum, I went to EDGAR to see what I could find. The company, Travis Industries Inc. (OTC BB:TVSI) does report, but it is not up to date with its filings. On July 2, 1997 the company filed a "Notification of Late Filing", indicating that it would file within 15 days. Well, we got the first batch of tomatoes harvested in late July, but we never saw the 10-K. As a result, I can't tell you much about the financial condition of this company. However, it is very clear that the company is coming out of bankruptcy, and as a result is probably not financially strong. I don't even know how many shares are outstanding. I do know that they issued an additional 7 million shares under a S-8 Registration in February 1997, and that there were 121 million shares outstanding as of December 31, 1996, but they may have come out of bankruptcy with a reduced number of shares outstanding. The "fuel" propelling this little "rocket" is one of those famous "reverse mergers" in which a shell corporation becomes the mechanism for taking a company public. TVSI has just announced that it will acquire "Planet Sports, Inc.", and then change the name of the surviving company to "Planet Sports". "Planet Sports" will then acquire "Next Level(TM) Sportsystems Inc.", which has a "has a unique vision to combine high- visibility marketing and community service through the....." Oh well...never mind. This stock currently trades at around $.08, which, if there are 121 million shares outstanding, gives it a market valuation approaching $10 million..... Somehow that seems a bit high <G>. If I learn anything more about this company I will post in on the Napeague web site at napeague.com . NOTICE This analysis is based on publicly-available information, and is in no way warranted by me as to accuracy or completeness. I do not guarantee to advise you as to any change in this information. I am not a stockholder in this Company and probably never will become one. I otherwise have no affiliation with this Company, and I am not compensated by it in any way whatsoever. TG

To: RBM who wrote (41628)	2/16/1998 5:19:00 PM
From: Joe Master	Respond to of 55532

I understand your view that not much can be done by the shareholders to help the current situation. I wasn't trying to pick on you personally (you have shown more level-headedness than most any other RMILian IMO), but what I was trying to point out is that all of the invectives of the RMILians seem to be pointing at the Nays rather than towards the company. If the company had acted properly and not submitted false statements, or had they distributed past due financial statements that suport those statements, then the stock would be trading and possibly a shor squeeze would have commenced. Somebody just give me a few &@%(!*'s toward the company and I'll be happy. <G>