Rim Semiconductor Company (fka RSMI)

[ShysterChaser]

The simple answer is:

The company has most-probably never been anything other than a stock-selling investment game designed to reward the insiders and rape the public ("honest") investor.

The SEC refused to investigate even when the factual information was so obvious and that Portland Business Journal did a minor expose. That financial rag refused to follow-up.

The SEC allows paper to trade whenever the markets are open and there are willing buyers and sellers. It is called laissez-faire capitalism at its worst. No regulating, no filing, nothing but churning paper. This type of bucket is ripe for manipulation and manipulators are known to discover such opportunities and play pump-and-dump games. All IMHO.