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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 (28394)	12/17/1997 10:24:00 AM
From: s martin	Respond to of 55532

>>>3. The terms for the Palco LOI ended September 24th, 1997<<< To: +Pugs (19597 ) From: +Riley G Tuesday, Nov 18 1997 7:20PM EST Reply # of 28414 Points of conversation with Gary Morgan on October 24th, 1997. In regards to the Press released dated Thursday October 23 6:42 PM EDT from D. Mork and Magellan Litigation Services..PR Newswire. 1. The press release is distorted and not true. 2. When OVIS announced the Palco Letter of Intent (LOI) the stock price was already at $1 a share and not the .20 cents as mentioned in the press release. 3. The terms for the Palco LOI ended September 24th, 1997

To: Pugs who wrote (28394)	12/17/1997 10:35:00 AM
From: s martin	Read Replies (1) \| Respond to of 55532

>>>>. Morgan, also, in addition to what I was told by Breton last Monday, denies that the Palco deal was dead before the press release. According to him the decision was made about 2/3 weeks ago by Olympus because the deal was too costly.<<<<<< To: Joe Waldron (6950 ) From: Douglas Massengill Tuesday, Oct 21 1997 3:58PM EST Reply #7021 of 9203 Joe, I actually spoke to Gary Morgan this morning. Here is what I was told. Keep in mind that I cannot guarantee the veracity of the information, only that it a true account of what he said to me. 1. All the shares that have been issued to Morgan and Breton are Rule 144 shares and therefore neither of them coulf sell without filing with the SEC before selling them. (As far as I can tell there have been no filings to date.) 2. They do have buyers (not guaranteed) lined up to buy the shares needed for the $5 million capital infusion. If the shares are not sold, it is Olympus Ventures's decision regarding going through with the merger, not RMCW. Under no circumstances will any Reg. S shares be issued. 3. The $14 million in investments are, in fact 4 million shares of MVP Holdings. When I mentioned that currently MPVH is selling for about $.35, he told me that, if at one year from the date of the original agreement with PRTI (march 98) the shares were not worth $3.50 per share, then MVPH would have to issue enough shares to bring the worth back up to $14 million. This is where, evidently, MPVH is balking (according to Morgan), because that would essentially give ownership of MVPH to RMIL. (Quite honestly, I am not sure that I understand about MPVH contesting) However, Morgan stated that RMIL has the certificate for the 4 million shares. He even gave me the certificate number. 4. Morgan, also, in addition to what I was told by Breton last Monday, denies that the Palco deal was dead before the press release. According to him the decision was made about 2/3 weeks ago by Olympus because the deal was too costly. -------SNIP--------

To: Pugs who wrote (28394)	12/17/1997 10:37:00 AM
From: s martin	Respond to of 55532

>>The deal is however, terminated<<<<<< To: +Dave Mazza (5869 ) From: +MZUBOZ Thursday, Oct 16 1997 1:08PM EST Reply # of 28416 Spoke to Roland Breton this morning: 1. He told me that he sat in on negotiations with Palco after the September 19 news release, so how could the deal have been off two days prior to the release. The deal is however, terminated.