Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) Message Board

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

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To: Riley G who wrote (47675)	6/2/1998 11:03:00 PM
From: Riley G	Read Replies (1) of 55532

RMCW update: Many of you know that I have written off any merger between RMIL and RMCW, but here is an update from RMIL today. 1. RMCW had a stay approved on the property, plant and water rights in Ten Sleep. 2. RMCW claims that the investor has fronted them money to pay the mortgage and lawyers for the property and plant, etc. 3. RMCW has filed for Chapter 11 ------- My take on this. I could care less about RMCW and their problems as there is no legal binding agreement between RMIL and RMCW as we speak. The last merger extension ended in Jan. 1998 with no further ones granted (3 total). Have the alleged 10 million investor come up with the minimum 5 million or stop claiming it's coming any day now! I would not complete any merger with RMCW until after their Chapter 11 is finished, as it may have some ill effect on us RMIL shareholders if we completed a merger before they came out of Chapter 11! Like issued shares and a major reverse split again, and we DON"T NEED THAT! As we stand now, the channels are open (in good faith), but there is no firm deal nor do I expect one to happen with RMCW! If RMCW has money coming in from the alleged investor, why go chapter 11? I would think they would have the money to pay all their bills then...... We RMIL shareholders don't need a chapter 11 company being merged into RMIL. Make your voices (shares) heard on this issue! RMCW needs RMIL more than RMIL needs RMCW! Maybe we should rework any deals (merger) if they want to merge with RMIL. We should be able to bet a far better deal than the 6.6 million shares in the original deal! RMCW is not worth anything near 6.6 million dollars (based upon halt price of our company!) RMCW is worth no more than the price of the property, building and that's several hundred thousand dollars, and not 6.6 million dollars! Riley G RMIL certificated shareholder

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