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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
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To: Prop who wrote (17889)11/14/1997 10:35:00 AM
From: Typhoon  Read Replies (2) of 55532
 
Unfortunately for Santa (BB:SNTA), although he has a huge customer base, collection of payment is a major problem. Furhtermore, milk and cookies have very poor resale value - he should collect cash more often, not those perishible commodities.

If he could remedy the accounts receivable woes, Santa would be HUGE. Just think about his overhead - transportation and distribution costs are virtually zip (some grain for Prancer, etc.), and those elves love what they do - they don't need much cash.
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