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

To: michael d kugler who wrote (18337)11/15/1997 2:29:00 AM
From: Kurt N  Read Replies (1) | Respond to of 55532
 
Why do you think they are getting $10 million dollars? The merger only required a mininum of $5 million dollars.

Kurt



To: michael d kugler who wrote (18337)11/15/1997 2:32:00 AM
From: lavalamp  Respond to of 55532
 
Mike,

that is a valid point. i would assume this company to be willing to issue more stock to square up the prior acquistions than to use up any of their cash.


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