SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Buster who wrote (7289)10/22/1997 2:04:00 PM
From: michael d kugler   of 55532
 
Buster,

My understanding is that Puhr and his other two associates were brought into PRTI and given the 6 million preferred shares in exchange for the water business. Since the water business is now at RMIL, those 6 million shares were given back. Those 6 million shares are effectively what constituted RMCW's ownership in PRTI.

When Puhr left, he took the 4 million share certificate with him, which rightfully belongs to the shareholders of PRTI and now has been distributed to the legal shareholders of PRTI via the stock dividend.

MVPH has 22 million shares outstanding, I believe.

I won't comment on the effective transfer of a 14 million asset for what amounts today to less than a million dollars, in illiquid stock. But it may represent more value to PRTI's shareholders than was there before.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News