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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 (18511)11/15/1997 4:11:00 PM
From: s martin  Read Replies (2) of 55532
 
But as Gary says without them, they company is dead

>>However huge dilution lies ahead. While taking no pay in cash, Morgan and Breton plan to get rich if they defeat the shorts and jump start the company. Olympus filed an S-8 to issue about 1.8 million new shares over the next 12 months. Except for a little bit for the Investor's Relations firm Alexis International, the rest will go Morgan and Breton. This is a huge increase in shares outstanding for a company with only 1.1 million now in existence. In most circumstances, it would be unconscionable and unthinkable. But if management succeeds, they are worth it. Who can argue when Gary Morgan claims, "We saved the company. Without us, it would be dead." <<<<<<
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