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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?


To: Prop who wrote (17889)11/14/1997 10:35:00 AM
From: Typhoon  Read Replies (2) | Respond to of 55532
 
Unfortunately for Santa (BB:SNTA), although he has a huge customer base, collection of payment is a major problem. Furhtermore, milk and cookies have very poor resale value - he should collect cash more often, not those perishible commodities.

If he could remedy the accounts receivable woes, Santa would be HUGE. Just think about his overhead - transportation and distribution costs are virtually zip (some grain for Prancer, etc.), and those elves love what they do - they don't need much cash.



To: Prop who wrote (17889)11/14/1997 10:38:00 AM
From: MichaelDP  Respond to of 55532
 
ROFLMAO!!!!! Hard to make a profite when the darn CEO keeps giving away for free all the toys is company makes...somebody needs to teach him business 101...i mean his comp has the best community responsibiltiy but enough is enough:)