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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 (28885)12/19/1997 5:33:00 PM
From: Joe Master  Read Replies (1) | Respond to of 55532
 
What is the penalty if he doesnt?



To: Pugs who wrote (28885)12/19/1997 5:34:00 PM
From: KMT  Read Replies (1) | Respond to of 55532
 
Pugs:

Contractually the investor 'must' come up with the money, but the co. has no doubts that the cash will arrive by the contracted deadline of 12/24.

The stock action seems to indicate that many in the cartel have doubts the money's coming in. They're not buying in ahead of it, that's for certain. It's a prudent move, IMO, but I also bought NPEC at $0.30+.

KMT