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

To: s martin who wrote (45029)	4/5/1998 11:47:00 PM
From: Pugs	Respond to of 55532

Boy Martin,you got a good case of Tonto-itis, don't ya? You failed to respond to any of my questions, just like Tonto! Tell ya what....here's how I see it, you want, or should I say Mork wants , Rileys' shareholder list, huh? ( your post was very funny by the way!)....gee , you said RMIL is "worthless" and you're still here, why? Obviously it merits all this time , energy, interest, revenues(??)....no, if you really thought RMIL was 'worthless', you wouldn't devote your life to it Del Fuego, you call it a pig and be done with it... Pugs

To: s martin who wrote (45029)	4/6/1998 1:29:00 AM
From: Riley G	Read Replies (2) \| Respond to of 55532

Your story holds no water. GM/RB have not issued 4 million shares to them selves. They still have options to buy between 750k to 2 million shares each of RMIL once the RMCW deal is done. Try reading the 8K at least once in slow mode! Now for the second item, suppose someone shorted a stock for 4 million shares at $3 (Which did not happen by the RMIL BOD's). That gives the shorters $12 million dollars in their type 3 accounts. Now the stock goes to say $50 per share in a short squeeze (minimum) and the inside shorters issue 4 million shares to themselves to cover their short positions. This means they missed out on $188,000,000 for a small $12,000,000 profit. Now lets look at the real story here. Lets say their are 4 million naked shorts (low ball by some estimates) of RMIL, and these shorts did this at $4 and below. This places the total short revenues at a maximum of $16 million. Now the stock runs to a MINUMUM price of $50 before the certified shareholders start selling any shares to the market. And then only say 5% of their position. In RMIL's case that approx. 140,000 to 150,000 shares of the public float. Well that leaves the shorts with another 3.85 million shares to cover as the price continues to raise NORTH into the higher numbers. But for augment sake, let's say the short average cost to cover is $100 (low ball again by some estimates). So now the shorts are covered at an average cost of $100 x 4 million shares = $400,000,000 US dollars to cover average. A far cry from their max. price of $16 million they received when they shorted it. This average alone shows them a loss of $384 million dollars for the shorts. Once again this may be a low-balled short cover average in this low float stock. Now lets take the mathematics of this $400 million dollar low-ball average cover price for those greedy shorts in the RMIL market. Based upon average shares owned by shareholders this translates into a whooping profit of around $1.6 million per LONG shareholder (Average shares owned is 16,000 each based upon averages) So you see, other long shareholders and I understand why the actions to force RMIL out of business with the repeated false SEC complaints and fake press releases, and spoof web sites. Their is also the shills of the MM's and shorts trying to get shareholders to band together and bring civil actions against the company, when none are needed. And let's not forget the bogus civil suit brought against RMIL and myself by one admitted short seller. After all if he is only short a low-balled admitted 100,000 shares at .20 cents ($20,000) and his average cost to by back is also $100. Then he will have to come up with an average price tag of $10 million to cover. Yes, we understand why the shorts want to slam and discredit RMIL and force them under in a terminal short. And yes, I understand why RMIL and RMCW are not saying anything to anyone concerning the merger and money. They are not showing their cards, and this is driving the shorts crazy! Let's DANCE, Riley G ______________________________________________________________________ To: Pugs (45027 ) From: s martin Sunday, Apr 5 1998 11:40PM ET Reply # of 45034 >>. There is nothing better to an illegal shortseller than actual 'SCAM'!!! I << RMIL Was a good pick, then if there are any "iilegal" shorters. Many times insiders are the shorters... let me give you a for instance...let's "pretend" that Morgan and Breton, knowing they were going to issues themselves stock for .01, decided to short the stock to the the tune of 4 million shares (the number of shares they issued themselves), when the stock was in the $3.00 range... they cover with shares that cost them .01....nice profits huh?