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

To: Pugs who wrote (42778)	2/26/1998 10:24:00 PM
From: Dan Merfeld	Respond to of 55532

Nice find Pugs....guess that is why is only going to be lurking<WINK> now!

To: Pugs who wrote (42778)	2/26/1998 10:33:00 PM
From: Hawkmoon	Read Replies (2) \| Respond to of 55532

Cool Pugs!!! I guess you really didn't want me to go away. Nice to know you missed me after only a short period of time <wink> So let's say that what we have here is a Reg S and RMIL complies with the 15 day disclosure required by the SEC relating to Reg S. If this stock doesn't recommence trading within 40 days who can all rest assured that some of those "big blocks at market price" will be sales. But I wonder if D. Mork's case is making any progress. I imagine he will never facilitate a sale, not long, transaction again for anyone, let alone a former RMIL promoter. My gut tells me this story isn't as "over" as you would like it to be. But then again, I know the stakes are rather high for you and Riley since if RMIL doesn't come through, you will be haunted by people posting on every thread you ever frequent, the myriad of bogus and misleading posts you have presented out here. I will go now, until you call me back from the whence I lurk. Regards, Ron

To: Pugs who wrote (42778)	2/26/1998 10:34:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 55532

That's right... It's not like RMIL and Morgan have any history of extraordinarily dilutive Reg S placements.... <wink> The question is Kurt, why would RMIL be forced to disclose this investment except through 8-K within 15 days after receiving the funds. Maybe you hadn't heard, but the SEC has new rules for Reg S placements. Used to be they didn't have to disclose anything but then they were abused and shareholders severely damaged by the float being drastically and secretly increased. Now companies must disclose within 15 days after completing a Reg S. This provides the market 25 days with which to react before the actual shares are able to be traded. And since the float is tied up, there is no opportunity to short them to lock in profit, so they would be dumped almost immediately into any surge in buying if the stock resumes trading. Just posing a scenario. Again, restricted private placements are not generally required to be disclosed unless someone has changed the rules there as well. Exception: 8-K filing as a material event and I believe this is optional for RMIL in these circumstances. I will be eagerly awaiting the financials that will address this placement. Regards, Ron