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

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To: Kurt N who wrote (18372)11/15/1997 9:07:00 AM
From: Ellen  Read Replies (1) of 55532
 
From: Kurt N
Saturday, Nov 15 1997 3:05AM EST
Reply #18373 of 18429

The 8k clearly states that the number of shares outstanding is 3,071,081. Somehow your count appears to produce more shares. I find it hard to believe that they would file an erroneous statement to the SEC, without correcting it.

The squeeze is on. There are only 2 factors that could prevent the squeeze from happening: #1) Riley's count is wrong #2) All of the shares are not Rule 144.

Kurt

4.2 Capitalization. The authorized capital stock of Olympus consists of 800,000,000 shares of common voting stock, $0.0001 par value, and no shares of preferred stock, of which 3,071,081 shares of common stock are issued and outstanding. All shares of issued and outstanding common stock are fully paid and non-assessable. There are no outstanding options, warrants or callspursuant to which any person has the right to purchase any authorized and unissued capital stock of Olympus.

4.5 Interim Changes. Since the date of its balance sheet, except asset forth in Exhibit L, there have been no (1) changes in the financial condition,assets, liabilities or business of Olympus which, in the aggregate, have been materially adverse; (2) damages, destruction or loss of or to the property of Olympus, payment of any dividend or other distribution in respect of the capital stock of Olympus, or any direct or indirect redemption, purchase or other acquisition of any such stock; or (3) increases paid or agreed to in the compensation, retirement benefits or other commitments to employees

6.2 Capitalization, etc. Olympus will not make any change in its authorized or issued common voting stock, declare or pay any dividend or otherdistribution, or issue, encumber, purchase or otherwise acquire any of its common voting stock, except as contemplated by this Agreement.

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I would add the # of outstanding shares is 3,371,081 as of now. # is from the TA.
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