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


To: Pugs who wrote (40017)2/2/1998 11:51:00 PM
From: KMT  Read Replies (1) | Respond to of 55532
 
Pugs:

Arbitrary?! Do the math, he avg'd what the known shareholders have....

The issue isn't the number of shareholders. It's the number of shares. To say each holds 13,000 because that's the average of the known sample is lunacy.

Kevin



To: Pugs who wrote (40017)2/3/1998 7:35:00 AM
From: Hawkmoon  Read Replies (2) | Respond to of 55532
 
So known shareholders are representative any other pre-split shareholders eh???

I'm assuming that the phantom shareholders held OLPV and OVIS stock from years ago and may not even know that the company is now referred to as RMIL???

So these people, before the reverse split, held 12,000 X 300(300-1 reverse split)shares which comes out to 3,600,000 shares held by each pre-split shareholder???

That it mighty interesting!!! And I'm using your guys own logic in assuming that 250 unknown shareholders own 12,000 shares each, many of them being pre-split shares.

Now if these shareholders HAD held 12,000 pre-split shares each, they would now account for 40 shares each X 250 shareholders = 10,000 shares unaccounted for.

Now I'm admittedly a lousy mathematician so I hope someone will check my work.

However, I still don't know where you derive that you actually have 250 unknown shareholders left unaccounted for.

Oh well....

Regards,

Ron