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


To: Angel D who wrote (44496)3/29/1998 8:46:00 PM
From: Hawkmoon  Respond to of 55532
 
Angel,

I would suggest asking, and lacking positive response, demanding that the company issue an 8K discussing its current status. Included topics should discuss total outstanding shares, insider transactions, and any evidence to substantiate a huge short position in the stock.

Should they not agree to meet these terms (which do not require a full audit like a 10K ie: money), I would suggest more coercive methods to achieve disclosure.

Since this company has evidently misrepresented its status based on observable facts, they are extremely susceptible to legal action. And this basic information would only discuss current status, not an admission of guilt or innocence regarding past representations.

Any one disagree with this tact?? Please state why.

Regards,

Ron



To: Angel D who wrote (44496)3/29/1998 8:56:00 PM
From: TideGlider  Read Replies (1) | Respond to of 55532
 
Assets can be hidden and transferred. Such as in other businesses and or personal holdings. I listed one business of Bretons. If you can prove the following not to be true you have a shot at the pot.

>>>>>party to a proceeding if the individual acted in good faith and reasonably
believed that the conduct in issue was in the corporation's best interest, and
in the case of any criminal proceeding, the individual had no reasonable cause
to believe the individual's conduct was unlawful.<<<<<<<

It may not be as difficult to prove as you think. The first step is to locate a very good securities attorney and "talk". "Talk" is generally free and out of pocket limited if a good case can be made.

TG



To: Angel D who wrote (44496)3/30/1998 10:49:00 AM
From: tonto  Respond to of 55532
 
Angel, I do not have the time to post my thoughts this morning, hopefully I will be able to do so this afternoon. There is no magic pill unfortunately, the company cannot be made into an operating company, have litigation and liabilities disappear overnight, and shareholders made whole.

There are options to consider and discuss, and the shareholders will of course decide what is in their best interest. Actions are instituted all the time by shareholders, and the idea must be seperated from the notion that this move gives up your shares. As shareholders, there are some not pleased with management nor the information they provided, that can be addressed in several ways.

There is also the belief in the squeeze, which should not be affected at this point by any complaints you may have with the company. More detailed information needs to be presented regarding both the squeeze and the company for the shareholders to decide what course of action they feel is in their best interests.

I have posted earlier that we all make mistakes. It does not reflect upon intelligence, and in no way can you be considered "dummies." (How about helping us dummies out? ) It is difficult for honest investors to understand how a company would not be telling the truth,
until you have been burned.

Let's see if we can come up with ideas that will be to your advantage for consideration, without personal attacks being thrown in that will get us off track. Later.