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

To: DJ Byrne who wrote (30830)12/28/1997 2:36:00 PM
From: Ditchdigger  Read Replies (1) | Respond to of 55532
 
DJ, <All OVIS had to do was issue more shares and it would have been over, as the squeeze would have been deflated> thats exactly what they've done w/ this proposed merger..DD



To: DJ Byrne who wrote (30830)12/28/1997 3:13:00 PM
From: michael d kugler  Read Replies (1) | Respond to of 55532
 
<The company did not issue more shares and they didn't dump their shares on the market.>

What about the 13,100,000 last fall and the 1,500,000 to themselves, which diluted the stock by over 60%?

And what about the 2,000,000 issues last spring, (most or all of which must be in the float) which further diluted the stock by 70%?


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