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

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To: Hawkmoon who wrote (32383)1/2/1998 10:21:00 PM
From: Pugs  Read Replies (3) of 55532
 
Ron,
Tell me what you make of this since you know so much.
________________________________________________
[ Business - Company - Industry - Finance - PR Newswire - Business Wire
- Quotes ]

------------------------------------------------------------------------
Tuesday October 14 9:00 AM EDT

Company Press Release

MVP Holdings in Final Stages of Negotiation with Overseas Investment
Firm

LA JOLLA, Calif.--(BUSINESS WIRE)--Oct. 14, 1997--MVP Holdings Inc. (OTC
BB:MVPH) today announced that it is in the final stages of negotiation
with an overseas investment firm to secure financing of $5,000,000.00.

The collateral for the financing will be the corporation's own stock
with a one year restrictive legend. Projected closing date for the
entire financing package is November 14, 1997.

The funds will be used for general corporate purposes to expand the
corporation's business. The method of expansion will include the
possible purchase of new operations and needed improvements to existing
facilities.

MVP is in the oil and gas business with operations in West Virginia and
Louisiana.
____________________________________________
What is the value of MVPH stock? What relevance is that to RMIL longs? Where is Dempsey Mork tonight? <lol>
Pugs
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