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


To: slotman who wrote (37247)1/16/1998 10:34:00 PM
From: DJ Byrne  Respond to of 55532
 
slotman,

Sounds like an extremely good plan......

dj



To: slotman who wrote (37247)1/16/1998 10:56:00 PM
From: Hawkmoon  Respond to of 55532
 
Slotman,

That may be what the company is telling you, but I would like to have that in writing.... :0)

I still think the details of the Reg S may be an issue that needs to be addressed.

None of us have evidence that it was subscribed to by US Citizens, but I think you all need verification of that in writing from the company.

As I understand it, that would be a much more serious matter.

Regards,

Ron



To: slotman who wrote (37247)1/17/1998 6:43:00 AM
From: tonto  Read Replies (1) | Respond to of 55532
 
Slotman: That does sound like a good plan under the scenario posted.

The release of audited financials is a necessary obligation of the company, are extremely late and have caused for many negative statements about the company which ultimately hurt the stock price.

The stock buyback plan, if the company actually buys a significant amount of shares will be helpful and supportive of the potential short squeeze. I am concerned from a fundamentalist viewpoint that the company is at this time investing money in a penny stock instead of strengthening the business. If they do so, and the squeeze is successful, it could enable them to pay off their $5,000,000 loan.

This stock continues as one of the most interesting to follow.