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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)

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To: Joe Master who wrote (33750)1/6/1998 1:55:00 PM
From: Hawkmoon  Read Replies (1) of 55532
 
Joe,

I don't think they want to answer it... <vbg>

With only $72,000 in revenue from renting out the Hialea(sic) facility, I truly wonder how they pay the rent on the Ft. Lauderdale office, which J.K. has stated is a very nice office, as well as their own salaries, operational expenses, airline tickets, lawyer's fees.

I would submit(strictly as an opinion), that the odds are strong that they have been forced to sell stock, but then again, I haven't seen any filings to reflect this....

hmmm.....

Thinking back to GIFS and their gross over reporting of revenues, and the fact that Mo Zayed was selling his own stock short, it certainly leads one to wonder.

Maybe the company will start a trend and make a few more filings that amplify this issue as well as the current financial status of the company. I'm still expecting $12 million in revenues in 1997 as reported in their last 10Q report.

Regards,

Ron
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