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

To: Pugs who wrote (47620)	6/1/1998 9:02:00 AM
From: Riley G	Respond to of 55532

Off Topic.... guess it was missed in the tarot cards and tea leaves! Riley G _______________________________________________________________ biz.yahoo.com Thursday May 28, 1:38 pm Eastern Time New York shuts firms accused in microcap fraud NEW YORK, May 28 - The New York State attorney general's office said Thursday it has shut down three firms accused of a ''microcap'' stock fraud that cheated hundreds of investors out of more than $3 million. In a statement, the attorney general's office said temporary restraining orders and preliminary injunctions have been issued to close the firms and block 36 individuals from engaging in the securities business in New York State. Among the 36 is the owner of a Staten Island-based ''Psychic Cafe'' which was touted to investors as a hot theme restaurant investment. Civil suits filed in the New York State Supreme Court named Stone Asset Management Inc., J.P. Michaels Associates and Abbey-Ashford Securities Inc. The lawsuits allege that the firms and the individuals engaged in fraudulent and deceptive practices in the sale of low-quality, high-risk securities. ''These firms are examples of a growing trend in boiler-room scams,'' New York Attorney General Dennis Vacco said. ''Now, instead of merely using high-pressure, cold-calling techniques to persuade people to buy stock in little or unknown companies, these firms invent people and pretend to be them.'' Investigators said potential investors were invited to the restaurant, which featured fortune tellers. The sales pitch included plans for opening a large restaurant in Manhattan, taking the theme worldwide through franchising, and a public offering of stock. The three firms are located in Manhattan. Paul Lemole, attorney for Gabriel Frattalone, owner of the Psychic Cafe, was not available for comment. Steven Ross, an attorney representing one of the owners of Stone Asset, declined comment, saying he had not seen the court papers.

To: Pugs who wrote (47620)	6/1/1998 9:20:00 AM
From: Tommy Hicks	Read Replies (3) \| Respond to of 55532

Never invested in OVIS? The "agreement" with RMCW was on 9/24/97. You were waiting on your certs on 9/18/97. I assume you were waiting on OVIS certs. 207.183.153.73 th

To: Pugs who wrote (47620)	6/1/1998 10:20:00 AM
From: Hawkmoon	Respond to of 55532

No Pugs, we are talking about management still in place who took over from equally negligent former management, and who then commenced a track of misrepresentation and extreme dilution of their own. Former management's actions did not cause this stock to be halted by federal regulatory authorities. Present management's actions are to blame and they owe all of their shareholder's an official explanation and update. And so far as I know, Morgan and Breton are still in charge down there in Ft. Lauderdale. Did someone else take over while I was ignoring this thread?? And those who ignore "history", are doomed to repeat it. GRNO shareholders sure aren't ignoring history and they are looking for positive and significant progress indicating that the worst is over and that their investment will once again find worth. GRNO's CEO understands this and has attempted, within the permissions of his legal advisors, to keep the flow of information flowing, if only to a limited degree. The only "real-time" occurence related to RMIL is their continuing silence as to the current state of operations. But of course, so long as you and Riley continue to act as their "sock-puppets", providing unconfirmable and unofficial information to this thread and other RMIL shareholders, they have no reason to say anything, do they? <vbg> Unless you two are now official "insiders", that is..:0) Regards, Ron