Fix a language extending the language of ordered fields by at least one newpredicate or function symbol. Call an L-structure Rpseudo-o-minimal if it is (elementarily equivalent to) anultraproduct of o-minimal structures. We show that for any recursive list ofL-sentences , there is a real closed field satisfying whichis not pseudo-o-minimal. This shows that the theory To−minconsisting of those -sentences true in all o-minimal-structures, also called the theory of o-minimality (for L), isnot recursively axiomatizable. And, in particular, there are locally o-minimal,definably complete expansions of real closed fields which are notpseudo-o-minimal.