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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 (23788)12/4/1997 11:23:00 PM
From: Ellen  Read Replies (1) | Respond to of 55532
 
The absolute longest period is now two years from three, and two-year restrictions were reduced to one. The company issued no shares they talked about in the financials, so they must be outstanding. Nelson also confirmed this. And the fact that the company has filed suit also says this is the time for fruition.

Didn't realize there still existed the two year time period. Can you say what the difference is in requirement to get a two year and a one year restriction?

Are you assuming that because the company (Olympus) filed suit that means the shares are coming off restriction? Isn't that somewhat of a leap? And do you know exactly when the suit was filed?

I still think, from what you posted about it before, that Olympus filed this suit as a matter of good business since the original asset value was in question.

And there was no "grandfathering".

Good, clear answer. Thank you.