Berg and Rays ugly past; MVP Holdings
6.Ref. Rocky Mountain Crystal Water, Inc.
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.
4<PAGE>
Per the agreement with Rocky Mountain Crystal Water, Inc. was to receive
$5,000,000 from an outside investor within 30 days of the signing. Since that
date the Company has given two 30 day extensions. The Company has received a
copy of a letter from the investor dated January 1 1998, advising Rocky Mountain
Crystal Water, Inc. that the funds were in processing at this time, the Company
has now given another 30-day extension due to the above mentioned letter.
Exhibit Index:Page 6 Exhibit APage 7,8 and 9 Exhibit B
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: January 5,1998 ROCKY MOUNTAIN INTERNATIONAL LIMITED
By: /s/ Gary R. Morgan
---------------------------------
Gary R. Morgan CEO |
