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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 (37863)	1/24/1998 1:42:00 PM
From: TideGlider	Read Replies (1) \| Respond to of 55532

Angel: I am not speaking about different amounts of money or two equal amounts of money. I am speaking directly to the statements that the SHARES will be issued to RMCW and the statement that the shares WERE issued. That is what I am wondering about. If indeed the shares were issued were the shares to be issued at the close of the merger to RMIL management also issued. That would be an additional 1.6 million to 4.1 million. 3.16 Commitment to Honor Prior Obligations of Olympus. RMCW and the Stockholders agree to ratify, honor and be bound by the prior obligations of Olympus to its current officers and directors: Gary Morgan and/or assigns, Roland Breton and/or assigns, and Joel Marcus; specifically Olympus' obligations to issue said persons options to acquire an identical number of Rule 144 "restricted" shares of common stock as follows: 100,000 to Joel Marcus; and 2,000,000 each to Gary Morgan and Roland Breton. The options to be issued at par value to Messrs. Morgan and Breton are nondilutive and adjustable in proportion to the effect of any capital reorganization of the issuer which reduces the number of issued and outstanding shares of common stock, but in no event shall the number of such options to be issued to Messrs. Morgan and Breton be less than 750,000 each. RMCW further agrees that such options shall be issued within six months of Closing. TG