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


To: Nam Vu who wrote (46259)4/27/1998 10:19:00 PM
From: MY OPINION  Respond to of 55532
 
Good questions today Nam.

Thank you.
DADDY



To: Nam Vu who wrote (46259)4/27/1998 10:58:00 PM
From: Riley G  Read Replies (2) | Respond to of 55532
 
Simple, If EVERY shareholder calls EVERY RMIL shares they own in name form, we should have between 1 to 6 million extra shares demanding their NAME certificates than is legally allowed in the float. And since the complete legal float is about 98% filled (3.2 million), then the MM's and shorts should be forced to covering with buy ins. This stems from the fact that they have a set number of days to cover a short once a buy in is ordered. And since the stock is not trading, then the must reopen it to cover their MM shorts (naked selling) shares. The only why for them to reopen is to fill a 15c-211 as the NASD and SEC would be on those short the shares to cover there naked positions, or buy from shareholders placing their shares up for sale though brokerage firms.

A non-trading stock and low float can be a shorts nightmare if the shareholders align themselves and hold strong and demand their rights!
That's one reason we have seen Tape markings going on to lower the price to .10 cents on a small 300 shares. It's to scare everyone into panic selling. Well I say lets take it NORTH. Way NORTH!

Let the naked shorts start bidding for our shares and at OUR SHAREHOLDER VALUES!

Riley G