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

To: Garfield who wrote (44087)	3/17/1998 5:32:00 AM
From: tonto	Respond to of 55532

>>>The cartel was formed to increase shareholder value. We know that Olympus Ventures is way undervalued at below $2.5, and based on projected 12 month revenues of $15 million plus dollars.. This alone should have them trading at $15 to $20 in 12 months or less.<<< I have posted previously about inaccurate conclusions will be drawn when one starts out with faulty information. The above snip from Riley's post highlights just that. The company advised the public that it was projecting tremendous revenues which also had high profit margins. This was not the case, it had neither. Buyers believed it and now are hurt. What I and others suspect is the MM's hammered this one into the ground to try and force a terminal short to avoid capital gains on every share that they have sold short in OVIS. I have now estimated the legal public float and EXTRA shares in the market to be over 4 million plus shares. The public float in OVIS is 1.6 million shares that puts the extra shares floating around being traded at 2.4 million or higher. You do the math to figure the value of the real 1.6 million shares during a short squeeze. The initial post supported the short theory, and that the company was trading way below its actual value because of all the illegal naked shorting going on. That is the only way one can explain why the company is trading way below its true market value. Problem with that theory is that the company was not doing the sales projected, was not profitable, and was drastically reducing operations voluntarily and not so voluntarily. It appears now, the company was trading in the pennies as it should have been. The public was fooled into believing the company was something it is not and bought into it. Does anyone still believe there was a group of shorters who took the price down on this company based on the facts we have all learned that the company was for all practical purposes not much more than a shell? Or, had the market fairly valued the company prior to the rush of buyers coming in? Lots of false accusations have been made regarding many that post here. I have made it very clear that I am not involved with mm's of this stock, but a few continue to make up stories to the contrary with out a shred of evidence to support them. They never will be able to produce any for none exists. On the other hand, the case for planned defamation of my character will be very strong. I am pleased to see that you are considering becoming more involved and hope to have greater influence in your company as a group. That will be an excellent improvement over the current scenario. Good luck.