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


To: s martin who wrote (53764)3/5/1999 5:37:00 PM
From: Riley G  Read Replies (2) | Respond to of 55532
 
Of course the 2 million S8 shares were well known. There was an SEC filing about them. What could not be known through public information was that they started issuing them to promoters and others on April 2, 1997. Just one day after the S8 was signed. That is not what the S8 was suppose to be for, and I believe it was illegal to do what the RMIL BOD's did! Also illegal was those who received the shares in amounts over 5% not registering with the SEC as being an over 5% ownership in the common stock! Also it appears the BOD's had failed to file with the SEC their stock transactions and ownership records.

It is well known fact that the RMIL BOD's refused to give the shareholders of RMIL their public information on their share amounts held. This is something that has always pissed us off.

The only way to get this information (to my knowledge)is from non-public sources such as from the TA, and or lifting them from the source.

I imagine the TA sheets came from the offices of Transecurities and the letters and faxes from the missing files of Zappara (Zappara had claimed that someone broke into his office and removed all the furniture and filing cabinets.) This would explain the how and why these private files were obtained.

Also tell me how any shareholder would have had access to these files if they were NOT PUBLIC. The only information that any shareholder can get through legal means are the SEC filings and the press releases, and magazine or other print articles. That is all I and other shareholders ever had on RMIL.

And yes I read the Equities article in which Gary Morgan claimed that he believed OVIS/RMIL was the victim of a major naked short of some 2 million plus shares. I believe this to be a flat out lie, and the facts may point to the RMIL BOD's and Zappara selling 5 million unreported Reg S shares into the OVIS market from November 4th, 1996 through Dec. 31st, 1996. This information only comes to light since I have received a private office memo sent to Zappara from RMIL (received from Tonto). I also believe that the reverse splits were done to hid this and other wrong doings by the RMIL BOD's.

Yes you and several others can bitch all you want. The facts remain that others and myself only worked with public information and not the non-public information gathered through other means. But if I would have seen the information that the nays always claimed to have had and that was sent to me 2 weeks ago, I would have sided with them back in September or October 1997!

Those are the facts!
RG
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