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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 (47729)	6/3/1998 2:27:00 PM
From: Riley G	Read Replies (1) \| Respond to of 55532

To: ovisusa@aol.com From: Riley G Subject: Fwd: RMIL & RMCW >To: Riley.G >Subject: Re: RMIL > >Did you hear anything from XXXXXXXX about RMCW's side of things. Is Puhr >giving himself a deadline of 2 weeks to come up with the money to complete >the merger? Surely, Puhr must not have faith in his investors if he had to >file Chapter 11. That's what this tells me. Unless, of course, Puhr filed >for bankruptcy just before the foreclosure sale since this will postpone >the sale to be continued at some future date. Having bought a number of >foreclosures myself, I am familiar with the process. Bankruptcy is a >commonly used delay tactic to extend the sale date on the foreclosed >property. Therefore, this Chapter 11 may have been Puhr's last resort to >saving his property rather than the lender agreeing to accept Puhr and his >investor(s) word about some future cash infussion. It does appear that >RMCW needs the cash infussion more so than RMIL. I will be shocked if RMCW >comes up with the money in 2 weeks as Puhr has said to RMIL. Forget about RMCW, I have said this for 5 months! Forget about any money or merger with RMCW! PERIOD. RMIL stands on it's own two feet, and if RMCW has a product (bottled water). Then let them produce a product and start making some money from the alleged contracts for their product. RMCW is NOT part of RMIL and we shareholders should not worry about this lame duck! I say move along a drop RMCW from our minds! Unless they want to finish their reorganization and RMIL buy them for less than 200k shares! Riley G