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


To: shades who wrote (28343)12/17/1997 2:12:00 AM
From: michael d kugler  Read Replies (2) | Respond to of 55532
 
There were acutally four vessels.

In October of '95 the first boat was sold for $60,000, a loss of $165,000.

The second boat was sold in December of '95 for $35,000, a loss of $140,000.

The third was reposessed in May of '96.

The Pilar del Caribe was seized by Jamaican authorities and when the dust settled, it was sold to a Colombian company for $15,000.