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: Just My Opinion who wrote (37106)	1/16/1998 10:58:00 AM
From: tonto	Read Replies (4) of 55532

Al, you are correct about the extension. What I am looking at is the potential affect the stock price could play. We have time to discuss ideas. If we use $1.00 for the prevailing bid for example, and the agreement states then the issuance shall be greater than 90 cents per share. $5,000,000 divided by 90 cents equals 5,555,555 shares approximately. If the financier is foreign, and based on the potential volatility of the stock, he/she could decide to short their shares and cover later. With these additional shares in the market, there exists a potential for the shares to drop further and with the additional shares in the market, the squeeze effort may not be successful. Has this been taken into consideration and has the company advised its shareholders that this has been looked at and they have ensured this can not happen? If they cannot, and the issue is a squeeze, is it possible that the odds are greater for your success if the potential squeeze is played before the agreement takes place, and thus will also dramatically reduce the number of shares required to be issued at a later date?

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