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


To: TideGlider who wrote (37859)1/24/1998 12:25:00 PM
From: Mr. Dendro  Respond to of 55532
 
TideGlider: your post raises an issue that I have been wondering about. The merger agreement is not fulfilled until the $5 million dollars in equity financing is received. But, according to the transfer agent, there are over 14 million shares of RMIL stock outstading. Obviously, the company has already issued the shares called for by the merger agreement and the shares to be exchanged for the $5 million. Who's currently holding these shares?



To: TideGlider who wrote (37859)1/24/1998 12:51:00 PM
From: s martin  Respond to of 55532
 
The numerous conflicts in all information from the company and those in touch with the company, is what leads to the suspicion that the company is not a legitimate enterprise, IMO.



To: TideGlider who wrote (37859)1/24/1998 1:25:00 PM
From: Angel D  Read Replies (1) | Respond to of 55532
 
TG,

I'm having a little trouble figuring this one out. It appears that you are talking about 2 different $5 million. This is not to say you are not correct. After all, I had a hard time following the story line on "Dallas", let alone this epic.

Pugs, Tonto, anybody? Could you straighten this this out for us. I would hate for others to be as confused as I.

Regards,

AD



To: TideGlider who wrote (37859)1/24/1998 2:06:00 PM
From: Angel D  Read Replies (1) | Respond to of 55532
 
TG,

Sorry for the misunderstanding. It's just that in one paragraph you mention that 2,500,000 shares will be issued in lieu of $5,000,000 cash and in another paragraph you ask if exchange of the stock is to be made upon reciept of "the cash". I guess I assumed that you were, in the latter, referring to the cash to be received on the 28th. Sorry again if I misunderstood your meaning.

Regards,

AD