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


To: Angel D who wrote (37666)1/22/1998 1:14:00 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 55532
 
He should have been able to "remote view" the SEC's suspension then.

JeffG



To: Angel D who wrote (37666)1/22/1998 1:50:00 PM
From: Pugs  Read Replies (7) | Respond to of 55532
 
Angel,
Alot have asked, Why does RMCW need OVIS? Besides the obvious that OVIS is a publically traded co., there about 5-6MM other 'naked' reasons for the merger. Anyone who doesn't see the merger as 'calculated' is not being honest or in 'denial'.
The SEC suspension is over, the MM's are short, they ain't going nowhere, they're stalling for the 10K, which is , in turn, waiting for the $10MM.
The investor has sent two letters of intent informing RMCW & RMIL that the $10MM will be rec'd the 28th, before the extension deadline stated in the 8K. The co., I hear, was also informed of the reasons for the delay.
Once the $10MM is rec'd, the co. will forward the 10K to the MM's....a series of announcements will be in place for release when trading commences. There is also talk of another $3MM investor ( yet to be confirmed ).
RMCW's new bottling facilities will be completed in approx. 8 wks. from the reciept of the money. They must meet their deadlines for backorders of RMCWater.
It appears that RMCW will become a publically traded co., The merger, on the strength of the cash , etc, will help BUST THE SHORT!!!
On top of that!!...THERE'S MORE!!!!
SOLIDARITY!!!
Pugs