ROCKY MOUNTAIN CORP
April 1st, 2003
BY PHILIP FINE
TEXAS-BASED Rocky Mountain Energy Corp has been placed in receivership after the USA Securities and Exchange Commission accused the small company of pumping up its stock price by issuing numerous press releases about deals to buy valuable oil and gas properties. These announcements were blatantly false and misleading, the SEC said.
ENDS
TEXAS-BASED Rocky Mountain Energy Corp has been placed in receivership after the USA Securities and Exchange Commission accused the small company of pumping up its stock price by issuing numerous press releases about deals to buy valuable oil and gas properties. These announcements were blatantly false and misleading, the SEC said.
ENDS
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