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

To: Ditchdigger who wrote (34747)	1/8/1998 11:59:00 AM
From: MZUBOZ	Read Replies (1) \| Respond to of 55532

To anyone who is interested: Below is a link to a quote server which will give the last ten transactions for stocks. If Rmil starts trading again, it might prove informative. To get info on Rmil, type in bb:rmil where acmi is now. Then hit enter. quote.com FWIW, IMO instead of questioning the motives of yeas and nays, everone should question why Morgan and Breton allowed the situation to deteriorate to such a point to lead the SEC to order a halt and then why they were not aware of what is necessary to get trading started again. To excuse them by saying, "they have never been involved in a halt before," is IMO inexcusable in itself. Regardless of whether or not Kugler, et. al. complained to the SEC, there must have been "something rotten in the state of Florida," if the SEC ordered the halt. Also, IMO, to state that the SEC approved the 10-k is simply nonsense.

To: Ditchdigger who wrote (34747)	1/8/1998 12:23:00 PM
From: Ditchdigger	Read Replies (1) \| Respond to of 55532

<anyone know when this $200K is due?> Why yes DD,I do.<vbg> Note 3 Going Concern: The accompanying financial statements have been prepared in accordance with generally accepted accounting principles, which contemplates continuation of the Company as a going concern. However, the Company has sustained substantial operating losses and has used substantial amounts of working capital in its operations. At March 31, 1997 current Liabilities exceeded current assets by $427,547, and the accumulated deficit aggregated 18,178,949. Management is currently in discussion with several entities to obtain additional financing for the Company. The Company's ability as a going concern is dependent upon the ability of management to obtain sufficient financing, and ultimately achieving profitability. Note 4 Loans Payable-Shareholders: Loans payable to shareholders consist of unsecured, interest free loans in the amount of $55,000. These loans have no fixed repayment terms. Note 5 Long-term Debt: At March 31 1997 the principal amounts due are as follows. Loan payable in nine monthly installments of $5,982 including interest at 18% per annum, maturing in February 1998. This loan is secured by machinery and equipment. $50,000 <PAGE> Loan in the original amount of $ 200,000 with payments of interest only at prime pus 2% per annum for the first seventeen months and a final balloon payment and all unpaid interest plus the original principal amount due March 1998. This loan is secured by machinery and equipment. $200,000 Total long-term debt $250,000 Less: current maturities $ 71,784 Balance $178,216 At March 31, 1997 the annual scheduled principal payments of long term debt are $ 71,784 and $178,216 for each of the next two years, respectively. Found this on the 10QSB filed May 16,1997..DD