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


To: Ditchdigger who wrote (21909)11/26/1997 9:25:00 AM
From: shades  Read Replies (1) | Respond to of 55532
 
Ditch I have already told you this is not a fundamental play, but you just aren't hearing me, so hear is an excerpt for you:

From Correspondent Dan Rutz
MILWAUKEE (CNN) -- A hundred years after America was piped into the convenience and low cost of tap water, more and more people are buying the water they drink in a bottle.
Industry figures show two out of three Californians drink bottled water, and even in the Great Lakes region -- alongside the world's largest freshwater supply -- bottled water consumption is taking off.
In northern Wisconsin, the owners of an 8-year-old artesian well say their sales have gone up 25 percent a year. "We have taken the place of the old milkman that comes to the house," said David Holdener of Nicolet Forest Bottling Co.
Holdener has tapped into the Northwoods, an area of Wisconsin where farm chemicals have not contaminated the rich network of rivers and lakes that exist above and below the ground. "We believe our industry continues to grow because of two major concerns," Holdener said.
"One is taste. A lot of consumers prefer a very good taste in their water. The second thing is a health consciousness."

WOW Ditch, 25% a year growth, pretty good.

Another excerpt:

NELX has spent between $75,000 and $100,000 getting the spring ready for commercial production of their water products. It has about $6 million in assets and Whiting projects the company will reach $50 million to $100 million in assets very soon because of deals it currently has on the table.

So to get production started we are looking at 100,000 but they have 10 milllion plenty to begin with plus some.

And another excerpt:

CDC Advises Cancer and AIDS Patients to Consider Using Bottled Water When Concerned About Water Safety
The Centers for Disease Control and Prevention (CDC) today advised the millions of Americans living with HIV and AIDS, undergoing treatment for cancer or recipients of organ transplants to consider boiling municipal water, drinking bottled water or using certain micro straining filters as a precaution against becoming exposed to the waterborne parasite Cryptosporidium.

So now even the governement is behind bottled water and endorsing it medically. You lose Ditch, leave it to the pros like my buddy Mike and smartin. With a cost of .02 cents a gallon there are going to make some big bucks, bottled water in my area costs .98 cents a liter.

In fact, I think I am going to buy some more RMIL after reading what I have here, maybe there is hope for you yet Ditch, you are beginning to save me some too.