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


To: rlarson who wrote (47455)5/27/1998 12:06:00 PM
From: Pugs  Read Replies (2) | Respond to of 55532
 
Rob,
Yeah, there is a deadline, of sorts, the 10K and Q's must be up to date for delisting & merger considerations. The financials are completed and the company states they will require 2 weeks to audit.
Morgan states that he will allow Puhr to exhaust his options before moving on. I believe he has another deal in the works and, you would think, an 8K will be released to inform shareholders of RMIL's new direction.
I believe Puhr states RMCW can finalize the merger. IMO, there is a power struggle between to the companies, hence the delays.
Regardless, because of delisting concerns and filings that are required to do a merger, RMIL must audit the 10K and submit its' Q's. Therefore the 2-11 demands will be met and trading will resume.

Pugs