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

To: tonto who wrote (40830)	2/6/1998 2:31:00 PM
From: Pugs	Read Replies (1) \| Respond to of 55532

954 565 9292 or 1-900 REALITY-CHECK! BUST THE SHORT! Pugs

To: tonto who wrote (40830)	2/6/1998 3:06:00 PM
From: TLWatson59	Read Replies (1) \| Respond to of 55532

tonto: Is this perhaps another case of smoke and mirrors? The original terms of the announced merger between RMCW and OVIS called explicitly for the exchange of monies first to be deposited into RMCW and then a percentage of that to be given to the OVIS faction of the newly merged enterprise. Until that time all shares which were to be exchanged by OVIS for RMCW were to be held in escrow. The original terms of the merger were not amended or if they were the public was never notified of any modification. This means that unless the funds were actually deposited in RMCW's account and as far as the public is concerned they have not been, followed by the exchange of OVIS for RMCW shares, the principles of RMCW have no standing whatsoever in RMIL. The November announcement not withstanding. It would be just a guess on my part that this matter may have been brought to the attention of Morgan and Bretton when they first sat down to discuss things with the SEC. One way to check this out would be to see when OVIS announced the actual name change to RMIL and the simultaneous reversal of corporate officer positions. Then review a statement I believe which was attributed to either Morgan or Bretton that they had met with the SEC in eitherPhoenix or Las Vegas and see if the dates coincide. It does seem unusual though to see Purh's name on a certificate for RMIL when legally he had no standing in the company until he came up with the money and effected the conclusion of the merger.