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


To: Just My Opinion who wrote (51608)8/17/1998 12:32:00 AM
From: s martin  Read Replies (1) | Respond to of 55532
 
Al... I would really love to know what it is that you think the RMIL longs could have contributed to this story to make it more "fair".
All I can see is that there is a presentation of the facts as they now stand.

>>A more recent example of questionable information involved a company called Rocky Mountain International, originally Olympus Ventures, whose stock trading was temporarily halted by the SEC last December. (Transfer agent switch? Yes. Up-to-date audited financials? No way.) "It's the biggest soap opera on the Internet," is the way Calhoun puts it. "There are 66,383 postings about it on-line in Websites like Silicon Investor."

Another small-cap vigilante whom Calhoun admires was instrumental in uncovering some of the inconsistencies on this one. "I started trying to verify every single thing that management had said in its press releases," he recalls. "The most amazing thing with this company was management kept talking about its newly refurbished tramp steamer, the Pilar del Caribe, in a port in Jamaica. So I called the authorities only to find out that the ship existed, but that it had been seized by the Jamaican government, sold for scrap, and then beached on a cay as it was being taken out of the harbor. It was currently halfway underwater."

As for Rocky Mountain's stock, at press time it was virtually sunk as well, because potential market makers have failed to meet the SEC's 15c2-11 regulations (which prohibit the posting of quotes for securities in the absence of accurate and adequate information). <<



To: Just My Opinion who wrote (51608)8/17/1998 12:55:00 AM
From: Angel D  Read Replies (1) | Respond to of 55532
 
any,

"...I really have to say that tonto is not getting a fair shake here. He was written up, so please give some credit, all."

any, the "Boston Strangler" was written up. "Jack the Ripper"was written up. "Lee Harvey Oswald" was written up. "Benedict Arnold" was written up. And, may I say it, oh lord, may my fingers be torn from hands for typing this, "Manuel Ascencio" was written up. I'm so glad that tonto is in such good company..

Regards to you, any,

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