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

To: Rich_1 who wrote (46274)	4/28/1998 11:07:00 AM
From: s martin	Respond to of 55532

Also, it makes perfect sense that Smartin does not want you to order your certificates. He fails to mention that we all did so not because we thought that OVIS/RMIL was a great comany, not because we believed that our shares in our brokerage accounts were being loaned out, but because we are tired of the blatant short selling of shares that do not exist (naked shorting) which is commonplace among BB stocks. Rich, it makes absolutely no difference to me whether or not Sajjad orders his certs or not. What I posted was a method of "protecting" his shares from being shorted...at no cost to him. At one time on the thread, ( I am going from memory here) it was demonstrated that Riley determined his numbers by taking the number of shareholders he had a record of, dividing the number of shares they owned by the number of shareholders, and then attributing that same number, (i believe it was 13,000 per holder) to the shareholders who had not been heard from. !3,000 x 264 (tonto's number) would give 3,432,000 missing shares, tonto has shown that the number is 4336 instead. If tonto's numbers are correct, that would indicate to me that there are nowhere near the number of shorts that Riely has claimed. I will concede that this is off the top of my head, I may be wrong in saying that is how Riley determined his numbers, etc etc. but this is what I recall. It seems to me it is time to determine once and for all if there is a large short position or not so that you may all put this to rest. . We shareholders believe that with the relatively small float and solidarity among us, that we do have a great opportunity to succeed with a squeeze. If Morgan and Breton have in fact excercised their options for 4,000,000 shares, they own the majority postion.

To: Rich_1 who wrote (46274)	4/28/1998 11:25:00 AM
From: s martin	Respond to of 55532

You may also want to see if you can obtain the answers to these questions if you are trying to determine whether or not there is a viable squeeze in the wings. To: +Riley G (45974 ) From: +s martin Wednesday, Apr 22 1998 11:50PM ET Reply # of 46277 I notice some interesting numbers in your report. Perhaps you could let everyone know: Have the 4,000,000 Rule 144 shares been issued to Morgan and Breton? Why are the shares issued to Danny Beltrans indicated as restricted shares ? What are the 100,000 "public share stop-Zapara" shares ? Are those the shares he owes Mork ? How is it that the float has grown by 600,000 shares since your Jan 9, report? What are the RMCW guarantee (building) 144 shares, were those issued to the contractor who was supposed to be building the new plant in Ten Sleep?

To: Rich_1 who wrote (46274)	4/28/1998 11:53:00 AM
From: tonto	Read Replies (5) \| Respond to of 55532

Riley's list 526 Total Shareholders 200 On this list 326 Missing shareholders 16,409 Average shares owned 5,349,401 Estimated missing shares 3,281,841 Actual Shares Owned 8,631,242 Estimated shares in RMIL market (5,860,161) Total Estimated Short Position (with missing shareholders) May 30 list, not tied to Riley: count as of 5/30/97 264 shareholders owned 4336 shares Total Free Trading shares 2,543,393 Total restricted shares 402608 Total outstanding shares 2,946,081 as of 3/31/97: Total non-restricted shares 769,006 or 23,070,180 pre-split Total restricted shares 192,655 or 5,779,650 pre-split Total outstanding shares 961,694 or 28,850,820 pre-split These numbers seem to show about 47,293 shares issued after the financials showed 914,401 as of 3/36/97, and before they registered 2,000,000 on April 8, 1997. Morgan said there were 809,000 post split shares (24,270,000 pre-split). So 152,694 were issued after the reverse split or a cool 19% dilution before the big one in April. This is important because Riley cannot find 326 shareholders. Information posted shows 264 of them who hold an average of 12 shares apiece. Further refinement: If you include all who own 10,000 shares or less and are not insiders, the numbers shake out to 299 who own 106,073 or almost 355 shares apiece. That leaves only about 27 shareholders. Where is the squeeze? The best thing to do Rich is call Morgan and have him verify these numbers. If he disagrees, have him explicitly tell you where. We are getting to the bottom of this. Look at Riley's estimated shares owned and the average number per shares per shareholder. This may very well explain why the squeeze never occurred. The estimates were way off. Are you guys going to continue to just bash or are you willing to look at information and make the calls and verify? That is the purpose of discussion boards, sharing information. You spend so much time painting pictures. My basement was indeed flooded. (Up to 1 inch of water) Within 90 minutes I had 3 plumbers, 1 carpet cleaning emergency service to suck the water out, and the telephone company all here at the same time. They did an excellent job of taking care of the problems. I did not take a laptop with me on vacation as you claim. There was a nice Compaq in the den where we stayed and socialized. But, what really happened changes the picture you want to paint. There are shareholders trying to understand what happened. They jumped into what was reported to be a squeeze on a company with great fundamentals. There is absolutely no doubt now that the company never had the fundamentals as was claimed by some. Now it appears, the estimates may be way off and this may be the logical explanation why the squeeze never happened. Call Morgan and go over the two sets of numbers and get him to be explicit on which ones are correct. Remember, these were only estimates.