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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)

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To: michael d kugler who wrote (24673)12/8/1997 1:30:00 AM
From: Michael P. Weber  Read Replies (1) of 55532
 
<My understanding is that PRTI sold off their only remaining asset, the properties with the oil and gas rights to them, for 4 million shares of MVPH. MVPH agreed to make this worth $14 million. Then they somehow distributed those shares to PRTI shareholders without the $14 million promise. How, I don't know.

How could Puhr sell off the only remaining assets without a shareholder vote?

My understanding is that PRTI was going to be sanitized so someone else could incorporate into the empty shell.>

Ok this is it for tonight gang! It's getting late so this is my last post tonight.

No, The new board and officers purchased the 60mm shares of PRTI with MVPH shares + took over the liabilities and negotiations thereto, plus there is the wood products senario too. The New directors, mgmt/officers made the offer, not RMCW!

And hearsay is that Jim Ray did a no no as RMCW owns the stock!
Now this only hearsay! And as far as the sharehlder vote Nichol's had roughly 85% VOTING CONTROL.

That is all!!!!!!!
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