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


To: Riley G who wrote (8486)10/24/1997 4:08:00 PM
From: Michael P. Weber  Respond to of 55532
 
BW0197 OCT 24,1997 12:44 PACIFIC 15:44 EASTERN

( BW)(ROCKY-MOUNTAIN-INTL)(RMIL) Rocky Mountain International Ltd.,
Formerly Olympus Ventures Inc., Responds to False Statements

Business Editors

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Oct. 24, 1997--Rocky
Mountain International Ltd. (formerly Olympus Ventures Inc.) (OTC
BB:RMIL) announced Friday that it is responding to a press release
issued Thursday by Magellan Litigation Services.
In its press release, Magellan claims that it has added
"additional charges" to a "lawsuit" filed against the company.
Rocky Mountain International Ltd. said it was never served with the
original lawsuit, nor has it been served with any amended lawsuit.
Based on the Magellan release, the company said it believes the
charges are unfounded and are nothing more than a further attempt by
short sellers to manipulate RMIL's stock price for their benefit and
to the detriment of our shareholders.
According to Rocky Mountain International Ltd., Dempsey Mork and
his affiliated companies, acting through Magellan, a Mork owned
company, are the same short sellers who the company has already
served and filed suit against for defamation and unfair trade
practices in Federal District court in Florida.

--30--jd/mi*

CONTACT: Rocky Mountain International Ltd.
Roland Breton, 954/565-9292
E-mail ovisusa@aol.com/

KEYWORD: FLORIDA
INDUSTRY KEYWORD: FOODS/BEVERAGES APPARELS/TEXTILES