SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?


To: FTJoe who wrote (7560)10/22/1997 7:47:00 PM
From: Gidget  Read Replies (1) | Respond to of 55532
 
You sheep are hard headed:
Tuesday October 21 7:09 PM EDT

Company Press Release

MVP Holdings Makes Announcement

SAN DIEGO--(BUSINESS WIRE)--Oct. 21, 1997--MVP Holdings Inc. (OTC BB:MVPH) Tuesday announced that the
restricted common stock in MVP Holdings Inc. issued to Phoenix Resources Technologies Inc. in exchange for certain assets
has been distributed to the shareholders of Phoenix Resources Technologies Inc.

With the distribution of this restricted stock, the stock augmentation agreement in the contract for purchase of the assets is no
longer in effect.

No stock, other than the original 4 million shares of common stock, has been issued under the agreement, and none will be
issued as all terms and conditions required of MVP Holdings Inc. by the contract for purchase of assets and any other
agreements with Phoenix Resources Technologies Inc. have been fulfilled.

It is the understanding of MVP Holdings Inc. that Rocky Mountain Crystal Water Inc. and/or Olympus Ventures have made
claims as to the ownership of the 4 million shares of restricted common stock issued to Phoenix Resources Technologies Inc.
under the contract for purchase of assets.

Any such claims, if made, have no basis in fact, and MVP Holdings Inc. has no agreements with either Rocky Mountain
Crystal Water Inc. or Olympus Ventures and, in the opinion of management, has no obligation to such parties.

Forward-looking statements in this release are made pursuant to the ''Safe Harbor'' provisions of the Private Securities
Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties,
including, without limitation, continued acceptance of the company's products, increased levels of competition for the company,
new products and technological changes, the company's dependence upon third-party suppliers, intellectual property rights and
other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission.

Contact:

MVP Holdings Inc., San Diego
Joe Casias, 800/844-5549
619/551-6797 (fax)