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


To: Pugs who wrote (26253)12/11/1997 5:21:00 PM
From: MY OPINION  Read Replies (1) | Respond to of 55532
 
Pugs, new nays on the thread, well i guess they got tired of whinning over on the EUTO thread.

BRING IT ON NAYS---------------I'M NOT SELLING!!!!!!!!!!!!!!!!



To: Pugs who wrote (26253)12/11/1997 5:29:00 PM
From: Hawkmoon  Read Replies (2) | Respond to of 55532
 
<<After talking to the co. yesterday, they are very anxious to fill the $30,000,000.00 in backorders they have.>>

No Way!!!

You mean they aren't going to turn DOWN a $30 million order!!??

Hey.. now that IS encouraging.

But then again, I bet they are anxious to do a lot of things.

Too bad it all depends on someone ponying up $10 million in equity and debt financing in a company who's mangement can only be trusted to issue press releases of deals that seldom reach fruition or are later found to be lacking.

Take for example the Pilar de Caribe. If they acquired this "garbage scow" in 1996, why the h*ll isn't it sailing the ocean blue raking in big money in transport fees.

Did it get seized??

Regards,

Ron



To: Pugs who wrote (26253)12/11/1997 6:12:00 PM
From: David R  Read Replies (1) | Respond to of 55532
 
We shall see Pugs. The "$30,000,000.00 in backorders" is a bit misleading. When my company has $30,000,000 in backorders, it is because we have more business than we can keep up with, hence we back order product. RMIL does not appear to be shipping much product, hence the "back order" is really just hopeful business at some pooint in the future. And again, this is all based on phone conversations. The real meat in company financials and revenue opportunities comes from independent auditing. Remember Z-Best? It is easy for a company to hype their revenue potential. But hype will only carry them so far. RMIL is beyond hype. Without verifiable product movement and revenue streams this company has no fundamantals upon which to base share price. Hence, they are just one piece of bad news away from a dead issue. Any idea of when we might see RMIL water in the stores?

BTW: I almost put in a sell order today, but I had to remind myself that I bought RMIL as "nay insurance". In otherwords, I don't think that the squeeze will play out, but in the case I am wrong, I have enough RMIL to make a few. In the more likely case (as far as I am comcerned) that I am correct I might get .20 - .30 on the dollar if I am lucky.