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

To: Hawkmoon who wrote (21165)	11/23/1997 10:18:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 55532

And from Ken Ludwig, some very interesting observations... I wonder how they made that balloon payment for $200,000 last month??? Sold some stock?? Regards, Ron ******************************************** To: +Ken Ludwig (240 ) From: +Ken Ludwig Sunday, Aug 10 1997 3:26PM EST Reply #241 of 13075 I found the financials,finally, on EDGAR. Now I have some real questions: The company says it wholly owns all its subsidiaries yet it also says it pays out $196200 in yearly rent ($3750 permonth in Dominican Republic, $6300 each per month for Nicaragua and Florida=16350x12=196200) Who gets the lease payments? Who owns the factories or are they different factories? I also note that there is a balloon payment on a note due in October 97 of a $200,000 note and monthly payments of $5982 for 18 months on a $50,000 note at 18%. There is/was an unrelated party claim against the company for around$1.500,000 + interest and lawyers fees. Does anyone know the status of this? These are questions and not,I repeat NOT negative opinions. Please respond if you have any information. Thanks Ken ludwig