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

To: Emec who wrote (26656)	12/12/1997 1:23:00 PM
From: steve johnson	Read Replies (2) \| Respond to of 55532

What we have differences about is book value vs. market value. Yes you are right about A +L = O.E. The guys at FASB haven't changed that one. What I am talking about is market value....since the restricted shares are not tradable (someone mentioned 2 years) the value of the company is temporarily increased to reflect the additional $10 mil cash and debt financing. However, when the shares do become tradeable the market value of the company will go down "all other things being equal" Regards, steve johnson