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


To: TLWatson59 who wrote (23769)12/4/1997 10:40:00 PM
From: Just My Opinion  Respond to of 55532
 
TLW: Thanks for the well wishes...glad to see that nothing happened to you..
As far as that virus thing, I put that out for all. I hope that it helped someone..I don't understand computers at all so I had no way of knowing if it was important..BTW that news letter is free, I suggest people subscribe to it, that is the second time they sent out an alert like that..al



To: TLWatson59 who wrote (23769)12/4/1997 11:18:00 PM
From: s martin  Read Replies (1) | Respond to of 55532
 
RE: conflicts in press releases...here is Morgan's statement regarding the scheduling of releases and financials. Also, not he promised to have the number of outstanding shares released by now.

To: +John Gault (19098 )
From: +HRAKA Monday, Nov 17 1997 8:22PM EST
Reply # of 23705

All: Talked with Morgan on the phone today. Here is a summary of our conversation. (I am not claiming this to be fact but it is what I've been told by management)
Q1) When will RMIL be issuing a release on the finance deal?
A1) We hope to issue a press release this week. We are waiting until the final papers are signed.

Q2) When will the 10k be released?
A2) 3 weeks from the completion of the merger (finance deal).
RMIL wants the info for RMCW reflected in the 10k and this is the reason for the delay.

Q3) Recently the number of outstanding shares increased from 3.1 million to 3.4 million. Why?
A3) The new shares were released to pay off an option. They are restricted. (I believe he said for two years).

Q4) According to past SEC filings, RMIL is obligated to pay cash or issue more shares to fulfill contract requirements with Nelson
International. How is or has RMIL settled this commitment?
A4) RMIL is renegotiating this deal. RMIL wants all their facilities in one building and is working towards that end.

Q5) According to past SEC filings, RMIL is obligated to pay cash or issue more shares to fulfill contract requirements with H&D Fashoins. How does RMIL intend to fulfill this commitment?
A5) RMIL intends to issue more shares to fulfill this commitment. The shares will be restricted for 2 years.

Q6) Have all the 2,000,000 S-8 shares been issued?
A6) All the S-8 shares have been issued.

Q7) How many shares of the current outsatnding 3.4 million are restricted?
A7) Roland is working on collecting all data concerning the number of shares in the public float. We will give these numbers out as soon as we know.

Q8) When the negotiations with Nelson are done will RMIL issue a press release concerning the agreement?
A8) First, RMIL will submit an 8-k and then likely have a release.

Mr. Morgan also added RMIL was served papers last week regarding
the lawsuit by Mork. RMIL's lawyers have said that all charges will likely be thrown out in the first hearing. He informed me that because of this litigation that the officers of RMIL must be very careful that they do everything correct. He also said that RMIL has no problems with the SEC.
These are my interpretations of our conversation. I was in a hurry due to prior engagements and might have misinterpreted something. This is also why I did not get better details. I personally
am looking forward to the float information. Someone be sure and call tomorrow and check about it. Don't let it slide.

Sincerely,
#108 Hraka



To: TLWatson59 who wrote (23769)12/5/1997 9:47:00 AM
From: TLWatson59  Read Replies (2) | Respond to of 55532
 
Good Morning ALL: TA 12/5/97 RMIL - There is definitely a battle of the trendlines building up. At present the last viable long term uptrend line connected at Wednesday's low point. Yesterday's respect rally, if you can call it that with such puny volume, was not that impressive. Time appears to be running out for any appreciable upside move over the near term, without any concrete news. Perhaps it is just a trading maneuver to wait out the straggling tax loss sellers and ploy to gather in some last minute cheap stock.

I certainly hope so because the chart pattern is indicating potential disaster should the price fall below 1.50 with any appreciable volume. Technically it would not be surprising to see the stock fall back to the .40 - .50 price range.

Fundementally, the consistant postponement of releasing the financial figures for the last reporting period along with what are now antiquated 10K 1997 year end numbers does raise some very serious questions. Unless I am completely crazy, none of those numbers can be influenced in any shape or manner by the proposed merger. Like it or not the merger is still in the proposal stage since an actual transfer of funds has not been made. This is not to say that it won't be made but legally RMCW and Olympus, the latter now operating under the name Rocky Mountain International are still two very separate and distinct business entities. The only way that could not be would mean that the papers have been siigned, the money has been exchanged under whatever conditions the merger called for but the sharehlders for whatever reason have not yet been told.

In any event, my best wishes for success to you all and may the coming Holiday Seasons bring you all joy anf peace.

TLW