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

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To: bmart who wrote (50581)8/3/1998 3:27:00 PM
From: bmart  Read Replies (2) of 55532
 
For Mr. tonto, who is eager for the next installment....

From DVBC SEC Filing.....

--------- PART III - NARRATIVE

State below in reasonable detail the reasons why the Form 10-K, 11-K, 20-F, 10-Q
or N-SAR or portion thereof, could not be filed within the prescribed time
period.

The registrant's auditors have not had sufficient time to complete
audit.


PART IV - OTHER INFORMATION

(1) Name and telephone number of person to contact in regard to this
notifications:

Jehu Hand (714) 489-2400
(Name) (Area Code) (Telephone Number)

(2) Have all other periodic reports required under Section 13 or 15(d) of
the Securities Exchange Act of 1934 of Section 30 of the Investment
Company Act of 1940 during the preceding 12 months (or for such





shorter) period that the registrant was required to file such reports)
been filed? If answer is no, identify report(s).
{X} Yes { } No


(3) Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject
report or portion thereof?
{ } Yes {X } No

If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the reasons
why a reasonable estimate of the results cannot be made.



Development Bancorp, Ltd.
(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned
hereunto duly
authorized.

Date: April 1, 1997 By: /s/ Riccardo Mortara

----------------------------------------------------------------------

(1) Name and telephone number of person to contact in regard to this
notifications:

Jehu Hand (714) 489-2400
(Name) (Area Code) (Telephone Number)
----------------------------------------------------------------------

----To: Thomas Jon Swift (3211 )
From: Financial Internet Group
Sunday, Aug 2 1998 5:40PM ET
Reply # of 3227

TJS,

Since I last spoke with you, the only thing that has happened is another
CV PFR D was looking to be converted into another 257,000+ shares.
So Airstar is currently racing towards 18 million shares in the float.

Joe Lanza has no shares. Indian Wells Investment Company has about
600,000 shares. By my math, that is around 3%.

Mario's attorney swore to him that all the necessary filings will be out
this week. Since there is no activity in Topnet, it is not a big deal.

Mario and I both want the proper disclosure. The delay could be
because of the bill? However, David King promised, and Mario has
stated he will call him three times a day to make sure the filings get
done.

L

PS - Any stock registered with the transfer agent has the right to vote.
A filing does not give or stop your voting rights to my knowledge.
---------------------------------------------
"Joe Lanza has no shares. Indian Wells Investment Company has about
600,000 shares. By my math, that is around 3%."

Indian Wells Investment Group.....714 489 2400
Hand & Hand (Jehu Hand)...........714 489 2400

----------------------------------------------
Mr. Lanza originally claimed he never met Mr. Mork...he later slipped and said he hadn't seen Mork for a "year and change". Now it appears Mork owns 3% of Mr. Lanza's company.

Good Day

RBM
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