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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 (52316)9/21/1998 9:06:00 AM
From: Hawkmoon  Respond to of 55532
 
Allen,

The stock market is about the power of money. I'm not making a judgement, just an observation.

Here we have Mr. Mork, alledged short-seller extraordinaire, alledgedly (according to Riley) shorting RMIL to non-existence.

But in fact, the corporation did not "exist" in any fundamental sense. All it possessed was a false sense of fundamental value as misrepresented by management in its SEC filings and news releases.

But in fact, RMIL was nothing but a corporate shell, with a management team that diluted the stock tremendously in a suspicious Reg S deal, then reverse split the stock, and finally issued themselves millions of shares in lieu of compensation.

Finally, we have the CEO requesting EVEN MORE money to salvage the company and investment when he isn't even willing to hire proper legal counsel to defend the company.

Mork may, or may not be, what longs claim he is, but it is quite evident that management has less faith in the company than do all of those shareholders holding worthless RMIL paper.

Certainly preservation of his "alledged" massive short position could be a motive, but this company lacks the fundamentals or sound management to counteract any brute display of selling power.

Had this company possessed some base of fundamental value, or the prospects of a profitable future, Mork would have suffered a serious short squeeze for assuming such an "alledged" short position.

Plain and simple, if he is massive short, he was able to sell more (based upon the capital he placed as collarteral) than the company could attract in new buyers.

Blame rest squarely on the shoulders of management, plain and simple.

Regards,

Ron




To: Just My Opinion who wrote (52316)9/22/1998 12:09:00 PM
From: Just My Opinion  Respond to of 55532
 
Of interest to veterans:
I recommend joining.

biz.yahoo.com



SOURCE: U.S. Department of Veterans Affairs
VA to Enroll All Veterans Under New Health Plan
WASHINGTON, Sept. 22 /PRNewswire/ -- The Department of Veterans Affairs (VA) has announced that, in fiscal year 1999, it will enroll all veterans who apply for VA health care.
The new enrollment program, part of the Veterans Health Care Eligibility Reform Act, requires that veterans be enrolled as of Oct. 1, 1998, to receive health care at VA medical facilities nationwide.
''It is our desire to serve as many veterans as possible under this new law, and we've made it easier than ever before for veterans to obtain health care benefits,'' said Dr. Kenneth W. Kizer, VA Under Secretary for Health. ''For the first time, enrolled veterans will have access to the full range of services they need, not just those medical needs resulting from military service.''
Under the Act's reforms, VA offers an expanded array of health care services, such as preventive care and outpatient services, in addition to eliminating many prior restrictions and confusion. Veterans can apply for enrollment in the program using a quick and easy application form that is available at any VA medical or benefits facility.
All veterans, except those who fall into certain categories, need to apply for enrollment to receive VA health care benefits. Those who are not required to be enrolled include:
veterans with a service-connected disability of 50 percent or more;
veterans seeking care for a service-connected disability; and
veterans discharged from military service for less than one year for a
disability that was determined to have been incurred or aggravated in
the line of duty, but that VA has not yet rated.
While not required to apply for enrollment, these exempted veterans are still encouraged to apply so VA can plan more effectively to meet veterans' health care needs. Veterans who have received VA health care since January 1, 1996, will have an application for enrollment automatically processed on their behalf.
While the program gets underway Oct. 1, there is no deadline for applying for enrollment.
SOURCE: U.S. Department of Veterans Affair