RMIL (newest symbol for OVIS, formerly OLPV) is trying to merge with private companies. They supposedly signed a letter of intent, in Aug 197, the acquire Palco a private distributor of athletic wear. Apparently Palco withdrew and RMIL is now trying to merge with the private company RMCW, (Rocky Mountain Crystal Water). The merger is supposed to be finalized on OCT 25 or thereabouts, but finalization remains to be seen, as RMCW was also supposed to merge recently with PRTI (Phoenix Resources Tech). Now that merger didn't work out because supposedly Phoenix failed to disclose a large debt. This impacted the merger of MVP (Amex listed) and PRTI and so forth and so on...RMIL which is on it's third stock symbol in less than a year will change it's symbol again, when they get listed (wink) on the AMEX, Jump on it quickly if you can.. |
If you can follow that trail at all, should be good for laughs, if nothing else.