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


To: John Gault who wrote (19443)11/18/1997 2:32:00 PM
From: Ditchdigger  Respond to of 55532
 
John,I appreciate your honesty in your reporting and your opinion.
Kenny



To: John Gault who wrote (19443)11/18/1997 2:46:00 PM
From: HRAKA  Read Replies (2) | Respond to of 55532
 
Mr. Gault,
Also to that 800 "insider" shares we must add 300,000 in restricted shares to payoff an option. This means we can account for 1.1 million
that aren't in the float. There may be others of this type, especially
with all the contracts that should have been fulfilled since MAY. The outstanding shares increased from 2.5 million to 3.4 million. (from May til now) If we take out the recent 300,000 we have a rise from 2.5 million to 3.1 million - the differnce being 600,000. Add 600,000, 800,000, 300,000 and you get 1.7 million. Subtract this from 3.4 million and you get a float of 1.7 million. SEVERE SPECULATION ON MY PART. I will go over the financials AGAIN tonight and see if we can get close to that 600,000 in contract fulfillments. I will let you know what I come up with. This would be a lot easier if Riley would help.
Sincerely,
Hraka