SI
SI
discoversearch

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: Riley G who wrote (51637)8/17/1998 11:48:00 AM
From: Riley G  Respond to of 55532
 
Subject: Brass Balls vs Egg Yolks

Several months ago I told people about transferring any and all street and
IRA shares into another brokerage firm account at DLJ Direct as they do not
(did not) have market makers in the RMIL market. But it appears that very
few of you did this. The simple matter of transferring your street and IRA
shares from your present brokerage firm WOULD cause the brokerage firms
that are short RMIL to come up and account for the RMIL shares to transfer.
But it appears that many people here are just along for the ride and not
active players in forcing the shorts to have to cover! Also the company has
received some money for the .25 cent shares, but not near enough for the
required $150,000 to $250,000 needed to get everything in order and the
purported new profitable company merged into RMIL. people it has come down
to the wire, and we all will either WIN or LOSE this battle, and right now
we are LOSING the battle. That's right we are LOSING, as people are not
forcing brokerage firms to account for YOUR shares by calling them in name
form, or doing a DTC transfer into another brokerage account (non-market
marker related firm). With each day that we stay closed, more people will
lose interest in RMIL and just give up. Just take a look around at the
message boards, It's only a slim few of us that are still fighting for all
of our investment dollars, and we can not carry the load for everyone, as
it's up to each and everyone of us real shareholders to fight back and
cause the actions to happen!

Shareholders know what has to be done, now let's all get to it or lose
everything that we have worked for!

Riley G

PS. The lack of interest is just what the RMIL shorts and those concerned
want to happen!



To: Riley G who wrote (51637)8/17/1998 4:22:00 PM
From: bmart  Read Replies (2) | Respond to of 55532
 
Mr. G,
Having read the Bloomberg article I was quite amused by the reference to the Pilar De Caribe, but no reference to the OVIS 1996 10KSB;
---------------------------------------

OLYMPUS VENTURES, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
THREE YEARS ENDED JUNE 30, 1996

NOTE 1 - ORGANIZATION AND ACQUISITIONS (CONTINUED):

(b) CARIBBEAN CHARTERS LTD.

.............. " Current management
has been unable to determine whether the acquisition was made at
"arms length" and therefore whether amounts recorded in the financial
statements properly reflect the fair values of the assets acquired.

During March 1996, the Company exchanged 750,000 common shares for
the $750,000 convertible note.

In December 1995, one of the boats was sold for $35,000 resulting in
a loss of $140,000. In October 1995, a second boat was sold for
$60,000 resulting in a loss of $165,000. In May 1996, the third boat
was repossessed by a secured lender resulting in a loss of $210,000.
Accordingly, as of June 30, 1996, all of the assets of Caribbean
Charter Ltd had been disposed of." ...........

Good Day

RB