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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 (48463)6/19/1998 12:43:00 AM
From: s martin  Read Replies (1) of 55532
 
>>Once they do the first one, they really only have to xerox the pages and change the dates, the company hasn't done much during that time period.
So on the one hand, while it does make the company look bad from one perspective, the silver lining is that they can do it all at once.
Now I am not saying this to be a wise guy, if you all think about what I am saying, it's true isn't it? <<

While it's true the company apparently won't have revenues to report, it seems as if there is quite a bit to report since they last filed. They have apparently lost 3 facilities, their are outstanding liens that have been filed, there is an SEC investigation, there is the lawsuit with Mork, and most interesting of all may be the reporting of the float, O/S shares, and how many shares Breton and Morgan now own. While Riley reports that this group is in control of the company, if Morgan and Breton have given themselves the reported 4 million shares, then they are in control, not this group .....whatever is left of it. The little matter of the Reg S shares and the shares given to promoters should be interesting also.. all in all there is quite a bit to report.
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