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


To: Pugs who wrote (27087)12/13/1997 4:05:00 PM
From: David R  Read Replies (2) | Respond to of 55532
 
RE: So glaD you decided to be a regular contributor to this thread!

Not hardley. I have been lurking since I bought OVIS shares. I am only posting due to the recent drop of RMIL. Don't plan to stick around long (save the tears PUGS).

What you'll find is that a good % of the $10,000,000.00 is going towards construction of a new bottling facilities in Tensleep so the can fill the $30,000,000.00 in backorders they have for RMCW.

I hope that they save a little for distribution and marketing. The bottled water market is very competitive and comodity priced (except for the handful of "premium" brands of which RMIL is not).

BTW: Is it coincedence that a press release was issued yesterday as RMIL was about to go fractional, or was it an effort of RMIL's management to prop up the price. Notice that few were surprised that the closing of the $10M investmen/loan is delayed. Seems typical for RMIL to always have the real news just next week, next month, etc. There is always just one more thing before partytime. RMIL is anything but a solid company.



To: Pugs who wrote (27087)12/13/1997 4:23:00 PM
From: s martin  Read Replies (1) | Respond to of 55532
 
What is the difference in Olympus Ventures and Olympus Mills, USA ? TIA

. FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Oct. 1, 1997--Olympus Ventures Inc. of Fort Lauderdale (OTC-BB:OVIS - news) is happy to announce a merger agreement with Rocky Mountain Crystal Water of Denver.

The merger gives Rocky Mountain International LTD (OVIS/RMCW) the ability to move from the OTC-BB to AMEX.

OVIS issued 6,684,750 restricted shares of Rule 144 Legend common stock to RMCW shareholders, and will issue up to 2,500,000 restricted shares of Rule 144 Legend common stock to be exchanged in lieu of Five Million Dollars ($5,000,000). The 3,071,081 pre merger shares of Olympus Ventures stock making up the balance of the 9,755,831 outstanding shares. Full disclosure of the merger and a copy of the contract will be filed within the required reporting period.

The RMIL asset base is in excess of Twenty Million Dollars ($21,010,431) with the addition of the Five Million Dollars ($5,000,000). Roland Breton, president of Olympus Ventures Inc. stated: ''With Rocky Mountain Crystal Water's existing business and future contracts this merger will be an exciting and profitable experience for all of us. Olympus Mills USA Inc. a wholly owned subsidiary of RMIL will now have the financial backing to continue its planned growth in the physical fitness market.''

RMCW is a manufacturer of pure spring and premium artesian bottled drinking water and is merging with Olympus Ventures Inc. who is currently engaged in the garment industry. 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.

NOTE TO EDITORS: In the Internet/email address noted in this news release, there is an ''at'' symbol between ovisusa and aol.com/.

In the World Wide Web address noted in this news release, there is a double slash between http: and www.olympusventures.com. These symbols may not appear properly in some systems.

Contact:

Rocky Mountain International LTD.
Roland Breton, 954/565-9292
E-mail: ovisusa@aol.com/
Web Page: olympusventures.com