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


To: Jerry Whlan who wrote (18475)11/15/1997 1:47:00 PM
From: michael d kugler  Respond to of 55532
 
You can't give out S-8 shares for this. Those shares are supposed to go to employees.

If thats the case, then these shares are in the float anyway, which would put the float at near 3 million.

And these shares were already restricted. The restriction period is over. You can't pay with more restricted shares. You have to pay up with tradeable shares or cash.