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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 (24422)12/7/1997 1:51:00 PM
From: Riley G  Respond to of 55532
 
PPDD again from a naysayer.
In my opinion, I think that MK has appointed you (via private email or telephone call) to start posting more often, since he may be in deep trouble from the SEC and his employer. Note that this is only one persons opinion and may or may not be correct.

RG

Now read this.
--
biz.yahoo.com

Rocky Mountain International Ltd. Announces Rocky Mountain Crystal Water Inc. Has a Signed Agreement for Funding

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.

Rocky Mountain International Ltd. and Rocky Mountain Crystal Water Inc. has extended the equity funding clause in the Merger agreement to accommodate the date of the funding agreement.

The board of directors of Rocky Mountain International LTD. have appointed Gary R. Morgan to the position of C.E.O. of Rocky Mountain International LTD. and Roland L. Breton to the position of President of Rocky Mountain International LTD. the positions held by each prior to the merger agreement.

RMIL is a manufacturer of pure spring and premium artesian bottled drinking water and garment manufacturing. RMIL is focusing its direction on manufacturing, distribution and retailing bottled water and physical fitness products, which the company believes is one of the fastest growing areas in the commercial marketplace.

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Contact:
Rocky Mountain International LTD.
Roland Breton, 954/565-9292



To: s martin who wrote (24422)12/7/1997 4:10:00 PM
From: tonto  Read Replies (1) | Respond to of 55532
 
They have advised that a mutually acceptable extension was agreed upon. The following, considering Nicaragua, could pose a problem.

4.7 Litigation. There is no litigation or proceeding pending or to the knowledge of Olympus, threatened, against or relating to Olympus, its properties or business except as set forth in Exhibit N. Further, no officer, director or person who may be deemed to be an affiliate of Olympus is party to any material legal proceeding which could have an adverse effect on Olympus (financial or
otherwise),
and none is party to any action or proceeding wherein any has an interest adverse to Olympus.