Angel,
Alot have asked, Why does RMCW need OVIS? Besides the obvious that OVIS is a publically traded co., there about 5-6MM other 'naked' reasons for the merger. Anyone who doesn't see the merger as 'calculated' is not being honest or in 'denial'.
The SEC suspension is over, the MM's are short, they ain't going nowhere, they're stalling for the 10K, which is , in turn, waiting for the $10MM.
The investor has sent two letters of intent informing RMCW & RMIL that the $10MM will be rec'd the 28th, before the extension deadline stated in the 8K. The co., I hear, was also informed of the reasons for the delay.
Once the $10MM is rec'd, the co. will forward the 10K to the MM's....a series of announcements will be in place for release when trading commences. There is also talk of another $3MM investor ( yet to be confirmed ).
RMCW's new bottling facilities will be completed in approx. 8 wks. from the reciept of the money. They must meet their deadlines for backorders of RMCWater.
It appears that RMCW will become a publically traded co., The merger, on the strength of the cash , etc, will help BUST THE SHORT!!!
On top of that!!...THERE'S MORE!!!!
SOLIDARITY!!!
Pugs |
