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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 (45194)	4/8/1998 6:47:00 PM
From: tonto	Read Replies (2) \| Respond to of 55532

"I'm doing my own investigation Riley, what do you think"? To: +Caroline Bogart (7577 ) From: +Ken Todd Wednesday, Apr 8 1998 5:47PM ET Reply # of 7579 The entity which was supposed to be the salvation of GIFS/Congress Re-Insurance was, "InterFinance's Suisse Private Banking Ltd.", representing a "group of Eurpoean and Arabic Investors," as announced in a GIFS Press Release carried by Dow Jones at 12:07 p.m. on Feburary 7, 1997. This was the first press release announcing the proposed sale. The parties involved in this were Dr. Thomas Aquino, a long-time friend of Mohamed and supposed co-defendant in some foreign drug-related indictment. Aquino was headquartered in Monteviedo, Uruguay--as was the group. Another party was also a friend of Mohamed who had reportedly been involved in weapons smuggling in Kuwaite; this is where the Arabic faction came in. Put these together with Mohamed and think what a trio--a Central American drug smuggler, a Arabic gun-runner, and an Egyptian-American-Tennessean counterfieter! Whether or not the entity existed is up in the air. I know the State Reciver sent a letter to them asking them to contact her and if they intended to purchase Congress as reported, to please consumate the deal. She never heard any thing at last report. I do know that Mohamed Khairy Mohamed Zayed, II prepared the InterFinance's Suisse Private Banking Ltd. stationery on his word processor and that he also wrote the offer, which Mike then reported on in the press announcement. Mohamed had spent numerous hours putting his group of friends together to pull off the sale to InterFinance's Suisse Private Banking, Ltd.--even made their letterhead and fax cover sheets. It's the old switcheroo, kinda like transferring all of your assets to your wife's name in order to avoid taxes. If Congress had ben "sold" to these guys, he would have still been in control. Had the sale of Congress went through, Mohamed would have just had more "paper" to pull off even a bigger scam. Ask yourself, which of the GIFS subsidiaries were income producing? Who in their right mind would pay $117 million for a corporation which was already in dire financial trouble and had many state and federal agencies on it's back. Sure, an established corporate name is worth something, but Congress was already named in litigation over its name. Mike even often reminded Mohamed that in this press release "we promised to close in 45 days!" So, definitely the sale to the foreign entity was fabricated within the GIFS Home Offices; whether or not they went to the trouble to create a dummy company is up in the air. I do know that they enlisted the help of an attorney named Montenegro in Costa Rica to supposedly oversee the sale. Attorney Montenegro just happened to be a partner and shared an office with Cristian Gipson in (Costa Rica), who was Mohamed's flunky. BTW near the end Mohamed flew Gipson in and out of the country several times to set up dummy corporations. Gipson, because he was bi-lingual was always the secretary and treasurer of these corporations, i.e., Delta Corporation, S.A., and Omega Corporation, S.A. Whenever Mohamed would fly Gipson in it would be to a rented car, expensive hotel room, etc. Gipson's tab for 2 days(above and beyond the room charges)was over $1,200. The bottom line is Gipson's services to Mo were definitely worth making sure whatever Gipson wanted, Gipson received. Ken Todd There is a pattern developing, but Pugs and gand have yet to notice what it is. BTW, is anyone up on Puhrty these days? Has he become a good guy? If you feel positive about him, please post.

To: s martin who wrote (45194)	4/8/1998 7:09:00 PM
From: Mr. Dendro	Read Replies (2) \| Respond to of 55532

s martin: I really don't see any way to get this thing trading by shareholder action unless Riley, Pugs and other major shareholders start putting their energy and resources into the quest. Any shareholder action would require their cooperation, since they allegedly hold the float. One major advantage of a shareholder's meeting is that it may verify whether or not a short position exists. When a company calls a shareholder meeting, the notice goes out to the shareholders of record. If the shares are held in street name, the broker passes the notice onto shareholders. What happens if your broker is short? Could he refuse to pass the notice onto shareholders (like myself) who don't hold RMIL certificates? If so, that MAY create a cause of action against the short broker, since you would be deprived of your rights as an owner of the company. An interesting question, I'm not sure of the answer.