Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: RBM who wrote (51105)	8/10/1998 4:47:00 PM
From: Joe Master	Read Replies (1) \| Respond to of 55532

Who ever said the SEC is doing nothing. The SEC did do something. They halted trading. Effectively the 10 day halt has become a permanent/semi-permanent halt. I expect that after the shareholders pay to have the audit completed they will not get a sign off (by the auditors) unless they correct all of the mis-statements from the previous filings. The SEC may think that even though the company made these mis-statements that the company as a whole is immaterial, and that they can use their resources towards fighting scams elsewhere. One thing is for certain the SEC is understaffed. The SEC said you couldn't beleive anything the company said. The statute of limitations has not run out. They could file an action against the company/officers tommorrow.