Thanks for reminding me.... one more promise in there about when the merger announcment will come out. 49 days since first announced and still no release.
1)FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Oct. 1, 1997--Olympus Ventures Inc. of Fort Lauderdale (OTC-BB:OVIS - news) is happy to announce a merger agreement with Rocky Mountain Crystal Water of Denver. The merger gives Rocky Mountain International LTD (OVIS/RMCW) the ability to move from the OTC-BB to AMEX.
OVIS issued 6,684,750 restricted shares of Rule 144 Legend common stock to RMCW shareholders, and will issue up to 2,500,000 restricted shares of Rule 144 Legend common stock to be exchanged in lieu of Five Million Dollars ($5,000,000). The 3,071,081 pre merger shares of Olympus Ventures stock making up the balance of the 9,755,831 outstanding shares. Full disclosure of the merger and a copy of the contract will be filed within the required reporting period
2)To: +al-len (12745 )
From: +Riley G Wednesday, Oct 29 1997 3:52PM EST
Reply #12746 of 13070
10 MILLION dollars in CASH into RMIL!!!!!
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3)TROUBLED WATERS
Stock scam allegations leveled at Ten Sleep bottler
Monday November 4, 1997
By TOM MORTON,Star-Tribune staff writer copyright 1997, Casper Star-Tribune
Morgan and the 8-K also said Rocky Mountain International is negotiating with a private, unnamed investor for an additional $5
million in cash for the company for expansion of the water bottling plant and the garment industry.
>>>>>The $5 million cash infusion should become final "literally within minutes," Morgan said Monday. <<<<<<<<<<<
4)TO: +Rich_1 (16647 )
From: +TickerTalker Tuesday, Nov 11 1997 3:09PM EST
Reply #16661 of 19660
Mr. Breton of RMIL just returned my call ! He said (1) the merger is complete, and (2) financials should be out for Rocky Mtn and
OVIS in approx 3 weeks. (I couldn't *69 the call )
To: +Rich_1 (17244 )
5)From: +Steve Hursey
Wednesday, Nov 12 1997 4:37PM EST
Reply #17254 of 19895
>snip<
Here is what I found out!!!
1. What is the status of the merger agreement?
They have sent contracts for signing which will give them $5
million in cash as an investment in the company and another $5
million loan at 7.25% interest repayable over 5 years. They plan
to devote half to developing the water business and the other half
to the clothing operation. Their lawyers have advised them not to
do any press releases until such time as all of the contracts are
signed and received due to concerns about the action of Mork.
Assuming all goes as planned, a release should be forthcoming
late this week or sometime next week.
6)To: +Pugs (19598 )
From: +Riley G Tuesday, Nov 18 1997 7:34PM EST
Reply #19639 of 19642
>>>>>>snip<<<<<<<
The nays and shorts now that the company is about to release the 10 million dollar cash infusion news and they want to slam it prior to the release in an attempot to cover some of the short position that is out here in the RMIL stock.
7) Nov 19, 49 days since the merger was announced.... still no press release. |
