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: Pugs who wrote (21343)	11/24/1997 5:36:00 PM
From: PC11	Read Replies (1) of 55532

Pugs: This is submitted with all due respect. I have seen you post here (numerous times) that RMIL is valued at $6 based upon their PE. I suggest that you consult an accountant or an accounting manual to substantiate your assertion. The "E" in P/E stands for earnings. A cash infusion is not classified as earnings. In fact, a cash infusion does not even impact an income statement. It is purely a balance sheet entry with an increase to assets (cash) and an increase in liabilities or equity (debt or paid-in-capital). Please retract your previous statement(s). Thank you!

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