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

To: Riley G who wrote (47943)	6/12/1998 9:13:00 PM
From: Arcane Lore	Read Replies (3) \| Respond to of 55532

Updated numbers... 2,776,101 Total public float (verified)... 2,597,718 Reported RMIL Shares Called... So for the first time since around 22 Aug 1997, your reported called share count is less than your total public float count: Shortfall: 178,383 shares Will the mythical short squeeze be given a proper burial? Perhaps a eulogy?

To: Riley G who wrote (47943)	6/12/1998 10:59:00 PM
From: s martin	Read Replies (2) \| Respond to of 55532

Tonto's number showed that the number of shorts your calculate is incorrect. Also, are you now advisng all RMIL shareholders to deposit their certs in a DLJ account ?????????? To: +Rich_1 (46274 ) From: +tonto Tuesday, Apr 28 1998 11:52AM ET Reply # of 47992 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.