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

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

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To: Typhoon who wrote (17275)	11/12/1997 8:10:00 PM
From: tonto	Read Replies (3) of 55532

More information is needed. The company currently pays $6300 per month for its multi year lease in Hialeah. If they have subleased it for $6000, they would be losing $300 per month. This is not the worst since they have too much capacity right now, and this greatly reduces their expenses to a minimal loss. 10K The Registrant owns no real property. It leases manufacturing space consisting of 18,000 square feet located in San Cristobal, Dominican Republic. The monthly rent is $3,750 on a multi-year lease. The Registrant also leases manufacturing space, consisting of 2,400 square meters, located in Managua, Nicaragua. The monthly rental is approximately $6,300 on a multi-year lease. The Registrant leases manufacturing and administrative facilities located in Hialeah, Florida. The facility leased is 16,800 square feet. The monthly rental is $6,300 on a multi-year lease.

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