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

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To: michael d kugler who wrote (18061)11/14/1997 10:18:00 PM
From: Joe Cervini  Read Replies (1) of 55532
 
Mike,

The other night someone stated:
1) RMIL is responsible for a $6,300 a month payment on the Hialeah facility.
2) They are renting thiier equipement to the tenents for $6,000 a month.

The thread then determined that the company was losing $300 ($6,000 - $6,300) a month. Tonight you stated the current tenant pays his rent to the owners of the building. Do you know if it covers RMIL's $6,300 lease payment? If it does then they are making 6K a month instead of losing 300.

Maybe not a bad move afterall.

Joe
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