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

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To: KMT who wrote (39936)2/2/1998 10:23:00 PM
From: Hawkmoon  Read Replies (2) of 55532
 
<<<The most erroneous assumption to me appears to be the 256 missing shareholders and applying to them the average of 12,451 shares each. I don't doubt the number of shareholders, but the average is very skewed IMO.>>>

Now folks should understand why most of nays feel it is so important that RMIL management should (have) called for an accounting of all shareholders from the TA. Even sending a corporate newsletter would have been justification for achieving a full accounting of all shareholders so they would be better able to know exactly who holds what.

You can't just arbitrarily say that you have 250+ unknown shareholders out there holding an average 12,000 share each... That is lunacy and completely undermines any qualified account of the actual O/S and current float.

Oh well...

Regards,

Ron
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