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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 (37669)1/22/1998 2:13:00 PM
From: Angel D  Read Replies (1) | Respond to of 55532
 
Gosh Pugs! I already knew most of that (wink).

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To: Pugs who wrote (37669)1/22/1998 2:19:00 PM
From: Ditchdigger  Read Replies (2) | Respond to of 55532
 
Pugs,<It appears that RMCW will become a publically traded co.> Pardon? What about RMIL?..DD



To: Pugs who wrote (37669)1/22/1998 2:33:00 PM
From: Buster  Read Replies (1) | Respond to of 55532
 
Pugs,

>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.

If the MM are short 5-6mm shares wouldn't they want to start trading
now on the pinks before the supposed 10million dollars is deposited
in RMIL's account? Why not short a few more million shares and
cause a panic? I would think the power to be have deeper pockets than
the Calvary/Cartel?

>There is also talk of another $3MM investor ( yet to be confirmed ).

Who is talking about the $3MM investor? The company or Riley?

Buster



To: Pugs who wrote (37669)1/22/1998 3:28:00 PM
From: tonto  Read Replies (2) | Respond to of 55532
 
Pugs, has the building already been ordered?

As you have informed us, the money is now coming in within the next 6
days, and the building will now be completed in approximately 8 weeks upon receipt of the money:

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.

You may want to verify this with the company. The company would have had to put down a deposit and it takes approximately 6 weeks for delivery once the order is placed. That would only leave approximately two weeks for construction of the building and setting up the bottling plant.



To: Pugs who wrote (37669)1/22/1998 5:20:00 PM
From: Jimtk  Read Replies (2) | Respond to of 55532
 
$3 million??? Why stop there - make it 5 or 6 million...what the heck. PLEASE tell us who it is. I've got beachfront property in suburban Baghdad I'd like to sell...cheap. And what-in-the-world down and out MMwould want to spend any energy on this pig when there are 10,000 other securities to chose from? If this stock opens, then elephants can fly.



To: Pugs who wrote (37669)1/22/1998 8:57:00 PM
From: Arcane Lore  Respond to of 55532
 
Pugs:

You wrote:

"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'."

From the 10/09/97 8-K, the shares to be issued to the RMCW owners are Rule 144 shares and hence ineligible for trading for a minimum of a year:

1.1 Exchange of Shares. The Stockholders agree to transfer to Olympus at the close of escrow, 100% of the outstanding shares, and any subscriptions to purchase shares, of RMCW listed in Exhibit A hereto and incorporated herein by this reference (the "RMCW Shares") in exchange for 6,684,750 Rule 144 "restricted" shares of common stock of Olympus (the "Olympus Shares") to be
issued to the Stockholders on a pro rata basis.

sec.gov

Are you suggesting that the short squeeze will not take place until the RMIL shares owned by the RMCW owners become eligible for trading? or that the short squeeze, if it occurs, will still be ongoing by the time the shares are eligible for trading?



To: Pugs who wrote (37669)1/22/1998 10:41:00 PM
From: Arcane Lore  Read Replies (1) | Respond to of 55532
 
Pugs:

A presumably (and hopefully) minor issue -

You wrote:

"...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. ..."

From the most recent 8-K,

sec.gov

Per the agreement with Rocky Mountain Crystal Water, Inc. was to receive $5,000,000 from an outside investor within 30 days of the signing. Since that date the Company has given two 30 day extensions. The Company has received a copy of a letter from the investor dated January 1 1998, advising Rocky Mountain
Crystal Water, Inc. that the funds were in processing at this time, the Company has now given another 30-day extension due to the above mentioned letter.

Thus RMIL has been granted three 30 day extensions (90 days total) from the original deadline of Oct. 25, 1997 (per the 10/09/97 8-K). By my calculations, the date 90 days after Oct. 25, 1997 is tomorrow, Jan. 23, 1998 (recall that Oct. and Dec. are 31 day months). Even if the actual extension agreements (as opposed to the 8-K) specified 1 month in each case, the current deadline would be Sunday, Jan. 25, 1998. Either way, the date for receipt of the $5M equity purchase, Jan. 28th, is after the end of the third extension.

Are my calculations correct? If so, has RMCW granted RMIL a fourth extension?

TIA