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


To: Malcolm Thomas who wrote (19178)11/17/1997 11:28:00 PM
From: KMT  Read Replies (1) | Respond to of 55532
 
Malcom:

RMIL being unable to produce the number of shares in the public float is ALARMING! After all, they have known this was a critical issue for months.

IMO, it's not that they're unable to produce it, it's that they're choosing not to produce it. It's highly likely that they know what it is, especially if some of the former 144's are theirs.

If you were selling into the market, would you want to tell anyone?

Cheers,

KMT



To: Malcolm Thomas who wrote (19178)11/17/1997 11:34:00 PM
From: MZUBOZ  Read Replies (1) | Respond to of 55532
 
Malcolm,

I think that Pugs has already addressed this issue. However, after my last post I reread HRAKA's report and then went back to John Gault's report this morning. Maybe what is taking so long is the effort to determine how many shares are actually in "shareholder name." That is what Gault was referring to this morning and may be why Morgan did not give any number until that is determined. Only a supposition on my part.