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

To: John Gault who wrote (31996)	1/1/1998 2:46:00 PM
From: michael d kugler	Respond to of 55532

<Mike, what is the book value of RMIL? > My best guess: If we use the unaudited 8-K, it would range from about $0.04 (without the 4 million share certificate worth $14 million), to maybe $1.47 with the $14 million. This assumes 9,755,831 shares outstanding. Also bear in mind, the mythical $5 million is a loan. That would not do positive things for book value. And if more shares are issued, the number decreases as well. The real answer is, without current financials, who knows?