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

To: Typhoon who wrote (23418)	12/3/1997 4:19:00 PM
From: Ditchdigger	Read Replies (1) \| Respond to of 55532

Your right Typhoon, until/if the deal is done, is when they'll get the money. Period. No crap about interest. DD

To: Typhoon who wrote (23418)	12/3/1997 4:20:00 PM
From: tonto	Respond to of 55532

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Nov. 20, 1997--Rocky Mountain International Ltd. (Formerly Olympus Ventures Inc.) (OTC BB:RMIL - news) announced Thursday that Rocky Mountain Crystal Water Inc. has signed a final agreement for the funding of $10 million. The funding is scheduled to take place before the end of November, with $5 million in equity and a $5 million loan for five years. "1. What is the status of the merger agreement? They have sent contracts for signing which will give them $5 million in cash as an investment in the company and another $5 million loan at 7.25% interest repayable over 5 years." Message from Pugs on Dec 3 1997 1:45PM EST 7) they said that the contributor of the $10,000,000.00 is holding off til' the last moment because of the interest that the 10,000,000.00 generates. I was hopin' we'd hear somethin' today or tommorow, Pugs The signed agreement scheduled to take place last week includes a loan at 7.25% The agreement has been signed, the funding appears available based on comments, and 1/2 of the cash will earn the lender 7.25%. They would not be losing interest on the loan portion, and in all probability, would increase their interest rate earned since short term rates are below that. The other $5,000,000 in equity I do not understand fully, does anyone else? How is this transaction actually being set up?

To: Typhoon who wrote (23418)	12/3/1997 4:22:00 PM
From: Buster	Respond to of 55532

Typhoon, anybody who would invest 5mil dollars at 7.25% interest on this kind of risky business might as well throw their money in a woodburner. why not buy a gov't bond with close to no risk? I think everybody is a bit edgy waiting for a deal that was suppose to close at the end of November. Buster