Rim Semiconductor Company (fka RSMI)

[spokeshave]

louis: Re:Is their some other event which may have caused the stock price to decrease?

It is probably better to ask what event caused the price to increase. NVEI paid Market Pulse to promote the stock with PRs that contained no new information. The stock was promoted heavily by Market Pulse as both a telecom company and a movie company. The price went up as a result. It is my belief that this was done to offer the financing "investors" a way to sell their newly registered shares into some shareprice strength. Now that the promotion is complete, the stock has begun to resume its pre-pump price level.

There are plenty of good, real reasons for the price to go down. No need to look for artificial ones.