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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 (39562)1/31/1998 8:18:00 PM
From: Pugs  Read Replies (4) | Respond to of 55532
 
Funny how Alex said she was never interviewed for an article that mentions her name, in fact Alex laughed at the article saying "no one" was interviewed for it.....Can you say a "Mork" production? Boy, it must kill you that RMIL got $10MM,$3MM more coming, and EXSO can't get jack!! <HA!>
Pugs



To: Ditchdigger who wrote (39562)2/1/1998 7:03:00 AM
From: tonto  Respond to of 55532
 
>>>"We're a very small company, a very healthy little growing company, ... said Morgan, the company's chief executive officer.

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 June 30,
1996, current liabilities exceeded current assets by $838,512 and the
accumulated deficit aggregated $18,399,072.
Management is currently in discussion with several entities to obtain additional financing for the Company. The Company's ability to continue as a going concern is dependent upon the ability of management to obtain sufficient financing, and ultimately achieving profitability.

Morgan'statement regarding RMIL being a very healthy firm is suspect.