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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
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To: Ditchdigger who wrote (23727)12/4/1997 7:47:00 PM
From: michael d kugler  Read Replies (2) of 55532
 
Not sure when the re-appraisal took place. But the company seemed to come up with a $741,000 number at any rate. I don't know how much of that is unpaid, at any rate. It would appear they are seeking some concessions.

I did not see any concessions demanded in the Ekrhen deal, strangely enough. (wink)

I have heard it was a quality operation, but perhaps not worth the full 1.5 million.

Present management initiated a look bacfk on all their acquisitions, and wrote them down.
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