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


To: Icabod who wrote (47084)5/15/1998 3:47:00 PM
From: Tommy Hicks  Read Replies (1) | Respond to of 55532
 
I highly recommend it. Please see Mr. Harrington for a heck of a deal.

th



To: Icabod who wrote (47084)5/15/1998 4:26:00 PM
From: Pugs  Respond to of 55532
 
IMO, RMIL will be a very 'hot property' when trading commences. It appears that the MM's will be making the Market naked. Whereas many see KTEL as a sham, or 'pyramid' scheme, RMIL is a legitimate short squeeze. The MM's have oversold and shorted naked in excess to a tune of 5-6MM shares.
RMCW brings with it several million dollars worth of backorders making it attractive to alternative lenders. The disribution line is already in place and RMCW is rumored to have back-up financing available in the chance the $10MM investor/lender cannot deliver next week as obligated.
RMIL is auditing their 10K and preparing for the finalization of the merger with RMCW as well as bringing some new deals into the mix.
All in all, I believe that RMIL will be a hot-pick, particulary for daytraders once trading resumes and the squeeze commences.

All the Best
Pugs