To: michael d kugler who wrote (9747 ) 10/28/1997 10:11:00 PM From: Riley G Read Replies (2) | Respond to of 55532
siliconinvestor.com To: michael d kugler (12684 ) From: Riley G Tuesday, Oct 28 1997 10:01PM EST Reply #12692 of 12693 Dear Naysayer, please read the following snips from the past 8-K from the OVIS/RMCW merger. Once again the spewing of garbage comes forth from thou keyboards via your naysayer self. So even if the 14 million dollars in investiments is resended in a court of law or agreed to between those concerned, the merger IS NOT null and VOID. It only means that the remaining 6 million Rule 144 Legend shares will not be issued to RMCW in one year. This fact lifted from the 8K knocks your humble opinion on its backside. Now lets see if RMIL gets the minimum of 5 Million dollars infused into the company. I think they will. What do you think (or claim to know.)? Riley G Long Arm Of The LAW --------------------- 1.2 Delivery of Certificates. The exchange of shares shall be effected at close of escrow by the delivery to Olympus, of the certificates representing the Stockholders' shares endorsed in blank or accompanied by stock powers executed in blank, with all signatures witnessed or guaranteed to the satisfaction of Olympus; and by the delivery to Stockholders of the certificates representing the Olympus Shares issued on a pro rata basis to the Stockholders. With the exception that, pursuant to Section 3.6 hereof, an additional 6,000,000 Shares will be issued 12 month from the date of this contract subject to no undisclosed claims, debts or similar causes of action that may be asserted against RMIL and arising from PRTI's acquisition or ownership of MVP Holdings, Inc. a Nevada corporation ("MVP"). ------ 3.6 Indemnification for Undisclosed Liabilities. The Stockholders agree to indemnify RMIL and hold harmless RMIL from any judgments or undisclosed liabilities arising from acquisition or ownership of MVP; and further that in the event any claim is asserted against RMIL arising from or in connection with the acquisition or ownership of MVP, the Stockholders agree to subrogate RMIL in the Agreement for Purchase and Sale of Assets between MVP and PRTI dated March 10, 1997, both of which are incorporated herein by this reference and attached hereto as Exhibits D and E, respectively. -------- To: s martin (12680 ) From: michael d kugler Tuesday, Oct 28 1997 9:29PM EST Reply #12684 of 12691 I've got so many OVIS bookmarks, they all look the same to me. If the merger is conditioned on the 14 million, it's over IMHO. Inasmuch as it would appear the 5 million is desperately needed by both parties, one could easily call this a merger of equals.<ggg>