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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
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To: FTJoe who wrote (18857)11/16/1997 9:47:00 PM
From: TopCat  Read Replies (1) of 55532
 
Consummation of the Agreement is subject to certain conditions detailed in
the Agreement attached hereto as Exhibit 2.1, including the infusion of a
minimum of $5,000,000 of additional equity capital (the "Equity Capital") into
the Company. The Equity Capital is to be in the form of a private placement of
Rule 144 "restricted" common stock of the Company at a price not less than 90%
of the prevailing bid price of the Company's common stock. If the Equity Capital
is not funded by October 25, 1997, or such later date as mutually agreed to by
the parties, the Agreement will be terminated automatically.

-----------------------------

Well yes, I suppose I could have read more into the October 25 date than I should have.....but the intent seemed clear.

TC
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