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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?

To: s martin who wrote (7780)	10/23/1997 2:03:00 AM
From: TopCat	Respond to of 55532

MVP is correct in stating that RMCW or RMIL "does not own any interest in MVP stock." The owner of the stock is PRTI which is/was partially owned by RMCW, now RMIL. The key question (which I can't find out) is how much of PRTI did RMCW own at the time of the proposed merger. If they owned a controlling position (typically 50+ %) they can claim the asset......but should only state it (as I have noted) with footnotes indicating that that asset is under contention. TC

To: s martin who wrote (7780)	10/23/1997 2:10:00 AM
From: TopCat	Read Replies (1) \| Respond to of 55532

One other point. Given the ownership path, there is absolutely no reason why Morgan should have had a MVPH certificate in his hands (other than a xerox copy)...he has had nothing to do with PRTI, ever. The only reason that I keep bringing up the $14 million asset issue is that it respresents nearly 90% of the total assets claimed in the RMIL 8K. If it is not really there, this is a very different company from a fundamentals point of view. I fully recognize that fundamentals don't mean a thing to the short squeeze believers. TC