Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: I Am John Galt who wrote (6706)	10/20/1997 9:19:00 PM
From: michael d kugler	of 55532

I have to agree with you. Have you talked to the owner of Palco? Interesting guy. He tells me that it is true that the story about the acquisition was put out two days AFTER he told Breton the deal was off. Apparently, Morgan and Breton did not like the request for consulting and a royalty on the sales generated from Palco's trademark "Hardcore" product line, also sold in gyms, interestingly (huh Pugs?). There is still an open door for Morgan to complete the buyout, but I suspect the price of poker will go up substantially, now that the company has it out in public. Do you suspect there is a tax loss sale going on? 5 million for a bundle of tax loss carrryforwards might fit the bill. Got to check the financials on this one. If it's true, the company would have great earnings going forward, but only if they kept them. It would also appear that they must need an additional business to generate those kinds of profits.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next