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


To: Rich_1 who wrote (30651)12/27/1997 1:55:00 PM
From: michael d kugler  Respond to of 55532
 
I think a stock buyback would be secondary in importance to getting the operations up and running to their maximum effectiveness. Buying back stock at this juncture, IMHO, doesn't allow them the capital needed to generate profits and repay the money down the line.

If anything, my guess is that you will see more shares issued.