Michael (AKA Stock Broker for Principal Financial Securities),
Apparently you can't read. For the benefit of the people that read this board, this is what was stated in the 8K for RMIL:
<<<An 8K dated 10/7/97 was filed reference the merger of Rocky Mountain Crystal Water, Inc., and Olympus Ventures, Inc. In this agreement Rocky Mountain was to transfer 4,000,000 shares of MVP Holdings, with a guaranteed value of $14,000,000 at the end of the twelfth month of the merger. In this agreement the Company held back 6,000,000 shares of the Company's common stock as protection against the asset not being available at the end of the required time. An amendment to the agreement has removed the 4,000,000 shares and the Company will not issue the 6,000,000 shares of the Company's common stock.>>>
Nowhere here does it state that they have abandoned their quest as you call it for the 4mil MVPH. It does appear as though it is no longer a requirement of the merger to transfer the 4mil MVPH shares by the end of the 12 month period. Note: This does not say anywhere that they will not legally pursue the 4 mil shares along with the augmentation agreement that are rightfully RMCW's per a contractual agreement.
If I am wrong I am man enough to admit it, but so far I'm not wrong and I'll not let the likes of you BASH RMIL or it's shareholders. Perhaps you should apologize to me and the posters on this board, because you obviously have a reading comprehension problem!
Kugler you are trying to twist what was published so it appears the way you want it to read. In doing so you are lieing to the people here on this board. Tell them the truth...you in fact don't know any more than has been published in the 8K today. So therefore you are guessing and you owe me an apology!
Per PRTI's Attorney on 1/5/98 - PRTI assigned the 4 mil shares of MVPH to RMCW because they claimed in essence 15Mil in damages. <EOD> |