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


To: Just My Opinion who wrote (36085)1/12/1998 10:44:00 AM
From: tonto  Read Replies (2) | Respond to of 55532
 
No actually I asked my question in all seriousness. When Mexico went through its' tough times in the early 80's, they were a primary market of mine for dry milk powder(baby formulas) and whey. Essential food ingredients.

The financial crises there restricted imports, even necessary food imports for many months, and with the collapse of the market and currency, it made it even more difficult for them to purchase these commodities. Sales became non-existent during that time for all the U.S Manufacturers.

It was not until the peso once again recovered that we were able to supply the country with product and also compete against countries that subsidized exports.