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


To: TideGlider who wrote (53997)3/9/1999 10:06:00 AM
From: Riley G  Respond to of 55532
 
siliconinvestor.com

To: Ken Ludwig (241 )
From: Ken Ludwig Wednesday, Aug 13 1997 2:16AM ET
Reply # of 13127

I talked to Gary Morgan yesterday and was satisfied
that the leases are for the buildings OVIS rents
in"free zones" in DR and Nicaragua plus the Florida
facility. The asset base is in machinery and
equipment. He will try to renegotiate the $200k
note next week but says they can meet the terms
anyway but it will be tight for cashflow.
The mysterious $1.5 million claim has not
reappeared. Earnings to be breakeven for this year ending June 97. I mention these things because I
have invested in a real company not a short squeeze
and thought others would like to know also. Maybe the shorts will get squeezed or maybe some other chicanery is afoot. I'm trying to stay focused on the
business, and make money in something other than a wild crapshoot about which I have NO information.
Good Luck all. Ken Ludwig