SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549
                             ----------------------

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                               September 24, 1997
                Date of Report (Date of earliest event reported)

                      ROCKY MOUNTAIN INTERNATIONAL LIMITED
                      ------------------------------------
             (Exact name of registrant as specified in its charter)


 Washington                        33-42070                    91-1552419
 ----------                        --------                    ----------
(State or other                  (Commission                  (IRS Employer
jurisdiction                      File Number)              Identification No.)
of incorporation)

           3418 North Ocean Boulevard, Fort Lauderdale, Florida 33308
           ----------------------------------------------------------
          (Address of principal executive offices, including zip code)

Registrant's telephone number, including area code: (954)565-9292

                             Olympus Ventures, Inc.
                             ----------------------
            (Former name and address, if changed since last report.)

                                  Page 1 of 23.
                            Exhibit Index on page 8.

                                        1

<PAGE>





Item 1.  Changes in Control of Registrant

     See Item 5 herein.

Item 2.  Acquisition or Disposition of Assets

     See Item 5 herein.

Item 5.  Other Events

     On September  24, 1997,  Rocky  Mountain  International  Limited,  formerly
Olympus  Ventures,  Inc.  (the  "Company")  signed  an  Agreement  and  Plan  of
Reorganization  (the "Agreement") to acquire all of the outstanding common stock
of  Rocky  Mountain   Crystal  Water,   Inc.  ("Rocky   Mountain"),   a  private
Wyoming-based  producer,  bottler and distributor of artesian water. In exchange
for the  shares  of common  stock of Rocky  Mountain,  the  Company  will  issue
6,684,750  shares of its common stock to the  shareholders of Rocky Mountain and
an additional 6,000,000 shares one year from the date of the Agreement, assuming
no  disqualifying  events  occur during the one year  period.  The  Agreement is
intended  to qualify as a tax-free  reorganization  under the  Internal  Revenue
Code.

     The  principal  assets  of  Rocky  Mountain  include  inventory,   accounts
receivable,  and  equipment,  which  will  continue  to be used  as at  present;
licenses for water rights to extract and produce  artesian water from its source
in the Big Horn mountains of Wyoming; and cash.

     The terms of the  Agreement  were the  result of  arms-length  negotiations
between the  managements  of the Company and Rocky  Mountain,  and is based,  in
part,  on the value of Rocky  Mountain's  assets and expected  revenues from the
sale of bottled water. Prior to the Agreement,  there was no affiliation between
any of the parties to the Agreement, or any affiliates of the parties.

     As part of the  Agreement,  the  Company  changed  its  name  from  Olympus
Ventures,  Inc. to Rocky  Mountain  International  Ltd.,  and the  officers  and
directors of the Company  resigned and  appointed  the officers and directors of
Rocky Mountain to be the officers and directors of the Company. The new officers
and directors of the Company are as follows:


                                        2

<PAGE>



      Name                            Position/Title
      ----                            --------------

Michael A. Puhr                    President/Director
Lorinda Liang                      Vice President/Secretary/Director
Wen Jen Allen Lan                  Director

None of the  officers or directors  are related to any of the other  officers or
directors.

     Assuming the issuance of 6,684,750 shares of common stock of the Company to
the  shareholders  of  Rocky  Mountain  in  accordance  with  the  terms  of the
Agreement,  the following  persons are known by the Company to own 5% or more of
the  Company's  voting  stock:

                                                               Percent of
 Name and Address                    Number of Shares       Outstanding Shares 
 ----------------                    ----------------       ------------------ 

Michael  A.  Puhr                       2,015,042                20.59
5639 W.  109th  Circle
Westminster, CO 80020

Lorinda Liang                           1,999,911                20.43
8888 S. Chestnut Hill Ct.
Highlands Ranch, CO 80126

Wen Jen Allen Lan                         510,578                 5.21
No. 95 Fen-Chi Lake
SHU-Shing Sub-Ward, Tansui Cheng
Taipei, Taiwan R.O.C.

     Consummation of the Agreement is subject to certain conditions  detailed in
the  Agreement  attached  hereto as Exhibit  2.1,  including  the  infusion of a
minimum of $5,000,000 of additional  equity capital (the "Equity  Capital") into
the Company.  The Equity Capital is to be in the form of a private  placement of
Rule 144  "restricted"  common stock of the Company at a price not less than 90%
of the prevailing bid price of the Company's common stock. If the Equity Capital
is not funded by October 25, 1997,  or such later date as mutually  agreed to by
the parties, the Agreement will be terminated automatically.

     The  foregoing  summary of the  Agreement  is qualified by reference to the
complete  text of the  Agreement  which is filed as  Exhibit  2.1  hereto and is
incorporated herein by this reference.

Item 7. Financial Statements and Exhibits

     (a) Financial Statements of Business Acquired


                                        3

<PAGE>

     The  required  financial  statements  are not yet  available.  The required
financial  statements  will be filed by  amendment  or as part of the  Company's
annual  report on Form  10-KSB for the period  ended June 30,  1997,  within the
required time period.

     (b) Pro Forma Financial Information

     It is not practicable to provide the required financial  statements at this
time. Management has prepared the accompanying preliminary,  unaudited financial
statements.  The required financial  statements will be filed by amendment or as
part of the Company's annual report on Form 10-KSB for the period ended June 30,
1997, within the required time period.

     (c) Exhibits.

     2.1  Agreement and Plan of Reorganization  between Olympus Ventures,  Inc.,
          Rocky Mountain  Crystal Water,  and the Shareholders of Rocky Mountain
          Crystal Water, dated September 24, 1997.

     99.1 Press release issued by the Company on October 1, 1997.


                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Dated: October 8, 1997                     ROCKY MOUNTAIN INTERNATIONAL LTD.


                                           By: /s/ MICHAEL A. PUHR
                                               ---------------------------------
                                               Michael A. Puhr, President and
                                               Chief Executive Officer



                                        4

<PAGE>

                       ROCKY MOUNTAIN INTERNATIONAL, LTD.
                   (Formerly known as Olympus Ventures, Inc.)
                             COMBINED BALANCE SHEET
                               AS AT JUNE 30, 1997

                                   (UNAUDITED)
                                   -----------

                                     ASSETS
                                     ------

Current assets:
   Cash and cash equivalents                                       $     28,351
   Accounts receivable                                                  141,860
   Inventory                                                            110,802
                                                                   ------------

         Total current assets                                           281,013

Investments                                                          14,000,000

Fixed assets, net of depreciation                                     1,641,603

Other assets                                                             87,815
                                                                   ------------
TOTAL ASSETS                                                       $ 16,010,431
                                                                   ------------
                      LIABILITIES AND SHAREHOLDERS' EQUITY
                      ------------------------------------

Current liabilities:
    Notes payable                                                  $    145,531
   Accounts payable                                                     457,661
                                                                   ------------

         Total current liabilities                                      603,192

Long term debt                                                          844,439

Other liabilities: Shareholders' loans                                  135,000
                                                                   ------------
TOTAL LIABILITIES                                                     1,582,631
                                                                   ------------

Shareholders' equity:
   Common stock                                                             915
   Paid in capital                                                   32,337,418
   Accumulated deficit                                              (17,910,533)
                                                                   ------------
         Total shareholders' equity                                  14,427,800
                                                                   ------------

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY                         $ 16,010,431
                                                                   ------------

                                        5

<PAGE>



                       ROCKY MOUNTAIN INTERNATIONAL, LTD.
                   (Formerly known as Olympus Ventures, Inc.)
                          COMBINED STATEMENT OF INCOME
                        FOR THE YEAR ENDED JUNE 30, 1997

                                   (UNAUDITED)
                                   -----------

Revenues                                                            $ 1,859,014

Cost of sales                                                           503,293
                                                                    -----------

Gross profit                                                          1,355,721

Operating expenses                                                    1,451,753
                                                                    -----------

Net operating (Loss)                                                    (96,032)

Other income                                                            120,987
                                                                    -----------

Net (Loss) for the period                                           $    24,955
                                                                    -----------



                                        6

<PAGE>



                       ROCKY MOUNTAIN INTERNATIONAL, LTD.
                   (Formerly known as Olympus Ventures, Inc.)
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 1997

                                   (UNAUDITED)
                                   -----------

1. Organization and Acquisitions:

     During the quarter ended June 30, 1997 there were no new acquisitions.  The
Company  consisted of Olympus  Ventures,  Inc.,  the Parent  company,  and three
subsidiaries:  Olympus Mills USA, Inc., Baron's  International,  S.A., and H & D
Fashions,  S.A. See Note 3 for subsequent  acquisition of Rocky Mountain Crystal
Water, Inc.

2. Principals of consolidation:

     All material intercompany balances and transactions have been eliminated.

3. Subsequent events:

     On September 24, 1997 a contract was entered into to acquire Rocky Mountain
Crystal Water,  Inc. The  acquisition  was made by an exchange of Olympus common
stock for 100% of the common stock of Rocky Mountain Crystal Water, Inc. Olympus
issued  6,684,759 common shares for 100% of the shares of Rocky Mountain Crystal
Water,  Inc. An  additional  6,000,000  shares are to be issued in one year from
date of the  contract.  The name of Olympus  Ventures,  Inc. has been changed to
Rocky Mountain International, Ltd.

     As a result of this combination, the June 30, 1997 financial statements for
Olympus were restated to reflect the  combination  and the shares issues,  as if
the combination had taken place on that date.



                                        7

<PAGE>


                                  EXHIBIT INDEX



Exhibit Number            Description


     2.1  Agreement and Plan of Reorganization  between Olympus  Ventures,  Inc.
          and Rocky Mountain Crystal Water, dated September 24, 1997.

     99.1 Press release issued by the Company on October 1, 1997.







                                        8
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SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549
                             ----------------------

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                               September 24, 1997
                Date of Report (Date of earliest event reported)

                      ROCKY MOUNTAIN INTERNATIONAL LIMITED
                      ------------------------------------
             (Exact name of registrant as specified in its charter)

 Washington                        33-42070                    91-1552419
 ----------                        --------                    ----------
(State or other                  (Commission                  (IRS Employer
jurisdiction                      File Number)              Identification No.)
of incorporation)

           3418 North Ocean Boulevard, Fort Lauderdale, Florida 33308
           ----------------------------------------------------------
          (Address of principal executive offices, including zip code)

Registrant's telephone number, including area code: (954)565-9292

                             Olympus Ventures, Inc.
                             ----------------------
            (Former name and address, if changed since last report.)

                                  Page 1 of 23.
                            Exhibit Index on page 8.

                                        1
Item 1.  Changes in Control of Registrant

     See Item 5 herein.

Item 2.  Acquisition or Disposition of Assets

     See Item 5 herein.

Item 5.  Other Events

     On September  24, 1997,  Rocky  Mountain  International  Limited,  formerly
Olympus  Ventures,  Inc.  (the  "Company")  signed  an  Agreement  and  Plan  of
Reorganization  (the "Agreement") to acquire all of the outstanding common stock
of  Rocky  Mountain   Crystal  Water,   Inc.  ("Rocky   Mountain"),   a  private
Wyoming-based  producer,  bottler and distributor of artesian water. In exchange
for the  shares  of common  stock of Rocky  Mountain,  the  Company  will  issue
6,684,750  shares of its common stock to the  shareholders of Rocky Mountain and
an additional 6,000,000 shares one year from the date of the Agreement, assuming
no  disqualifying  events  occur during the one year  period.  The  Agreement is
intended  to qualify as a tax-free  reorganization  under the  Internal  Revenue
Code.

     The  principal  assets  of  Rocky  Mountain  include  inventory,   accounts
receivable,  and  equipment,  which  will  continue  to be used  as at  present;
licenses for water rights to extract and produce  artesian water from its source
in the Big Horn mountains of Wyoming; and cash.

     The terms of the  Agreement  were the  result of  arms-length  negotiations
between the  managements  of the Company and Rocky  Mountain,  and is based,  in
part,  on the value of Rocky  Mountain's  assets and expected  revenues from the
sale of bottled water. Prior to the Agreement,  there was no affiliation between
any of the parties to the Agreement, or any affiliates of the parties.

     As part of the  Agreement,  the  Company  changed  its  name  from  Olympus
Ventures,  Inc. to Rocky  Mountain  International  Ltd.,  and the  officers  and
directors of the Company  resigned and  appointed  the officers and directors of
Rocky Mountain to be the officers and directors of the Company. The new officers
and directors of the Company are as follows:

                                        2
Name                            Position/Title
      ----                            --------------

Michael A. Puhr                    President/Director
Lorinda Liang                      Vice President/Secretary/Director
Wen Jen Allen Lan                  Director

None of the  officers or directors  are related to any of the other  officers or
directors.

     Assuming the issuance of 6,684,750 shares of common stock of the Company to
the  shareholders  of  Rocky  Mountain  in  accordance  with  the  terms  of the
Agreement,  the following  persons are known by the Company to own 5% or more of
the  Company's  voting  stock:

                                                               Percent of
 Name and Address                    Number of Shares       Outstanding Shares 
 ----------------                    ----------------       ------------------ 

Michael  A.  Puhr                       2,015,042                20.59
5639 W.  109th  Circle
Westminster, CO 80020

Lorinda Liang                           1,999,911                20.43
8888 S. Chestnut Hill Ct.
Highlands Ranch, CO 80126

Wen Jen Allen Lan                         510,578                 5.21
No. 95 Fen-Chi Lake
SHU-Shing Sub-Ward, Tansui Cheng
Taipei, Taiwan R.O.C.

     Consummation of the Agreement is subject to certain conditions  detailed in
the  Agreement  attached  hereto as Exhibit  2.1,  including  the  infusion of a
minimum of $5,000,000 of additional  equity capital (the "Equity  Capital") into
the Company.  The Equity Capital is to be in the form of a private  placement of
Rule 144  "restricted"  common stock of the Company at a price not less than 90%
of the prevailing bid price of the Company's common stock. If the Equity Capital
is not funded by October 25, 1997,  or such later date as mutually  agreed to by
the parties, the Agreement will be terminated automatically.

     The  foregoing  summary of the  Agreement  is qualified by reference to the
complete  text of the  Agreement  which is filed as  Exhibit  2.1  hereto and is
incorporated herein by this reference.

Item 7. Financial Statements and Exhibits

     (a) Financial Statements of Business Acquired

                                        3
The  required  financial  statements  are not yet  available.  The required
financial  statements  will be filed by  amendment  or as part of the  Company's
annual  report on Form  10-KSB for the period  ended June 30,  1997,  within the
required time period.

     (b) Pro Forma Financial Information

     It is not practicable to provide the required financial  statements at this
time. Management has prepared the accompanying preliminary,  unaudited financial
statements.  The required financial  statements will be filed by amendment or as
part of the Company's annual report on Form 10-KSB for the period ended June 30,
1997, within the required time period.

     (c) Exhibits.

     2.1  Agreement and Plan of Reorganization  between Olympus Ventures,  Inc.,
          Rocky Mountain  Crystal Water,  and the Shareholders of Rocky Mountain
          Crystal Water, dated September 24, 1997.

     99.1 Press release issued by the Company on October 1, 1997.

                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Dated: October 8, 1997                     ROCKY MOUNTAIN INTERNATIONAL LTD.

                                           By: /s/ MICHAEL A. PUHR
                                               ---------------------------------
                                               Michael A. Puhr, President and
                                               Chief Executive Officer

                                        4
ROCKY MOUNTAIN INTERNATIONAL, LTD.
                   (Formerly known as Olympus Ventures, Inc.)
                             COMBINED BALANCE SHEET
                               AS AT JUNE 30, 1997

                                   (UNAUDITED)
                                   -----------

                                     ASSETS
                                     ------

Current assets:
   Cash and cash equivalents                                       $     28,351
   Accounts receivable                                                  141,860
   Inventory                                                            110,802
                                                                   ------------

         Total current assets                                           281,013

Investments                                                          14,000,000

Fixed assets, net of depreciation                                     1,641,603

Other assets                                                             87,815
                                                                   ------------
TOTAL ASSETS                                                       $ 16,010,431
                                                                   ------------
                      LIABILITIES AND SHAREHOLDERS' EQUITY
                      ------------------------------------

Current liabilities:
    Notes payable                                                  $    145,531
   Accounts payable                                                     457,661
                                                                   ------------

         Total current liabilities                                      603,192

Long term debt                                                          844,439

Other liabilities: Shareholders' loans                                  135,000
                                                                   ------------
TOTAL LIABILITIES                                                     1,582,631
                                                                   ------------

Shareholders' equity:
   Common stock                                                             915
   Paid in capital                                                   32,337,418
   Accumulated deficit                                              (17,910,533)
                                                                   ------------
         Total shareholders' equity                                  14,427,800
                                                                   ------------

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY                         $ 16,010,431
                                                                   ------------

                                        5
ROCKY MOUNTAIN INTERNATIONAL, LTD.
                   (Formerly known as Olympus Ventures, Inc.)
                          COMBINED STATEMENT OF INCOME
                        FOR THE YEAR ENDED JUNE 30, 1997

                                   (UNAUDITED)
                                   -----------

Revenues                                                            $ 1,859,014

Cost of sales                                                           503,293
                                                                    -----------

Gross profit                                                          1,355,721

Operating expenses                                                    1,451,753
                                                                    -----------

Net operating (Loss)                                                    (96,032)

Other income                                                            120,987
                                                                    -----------

Net (Loss) for the period                                           $    24,955
                                                                    -----------

                                        6
ROCKY MOUNTAIN INTERNATIONAL, LTD.
                   (Formerly known as Olympus Ventures, Inc.)
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 1997

                                   (UNAUDITED)
                                   -----------

1. Organization and Acquisitions:

     During the quarter ended June 30, 1997 there were no new acquisitions.  The
Company  consisted of Olympus  Ventures,  Inc.,  the Parent  company,  and three
subsidiaries:  Olympus Mills USA, Inc., Baron's  International,  S.A., and H & D
Fashions,  S.A. See Note 3 for subsequent  acquisition of Rocky Mountain Crystal
Water, Inc.

2. Principals of consolidation:

     All material intercompany balances and transactions have been eliminated.

3. Subsequent events:

     On September 24, 1997 a contract was entered into to acquire Rocky Mountain
Crystal Water,  Inc. The  acquisition  was made by an exchange of Olympus common
stock for 100% of the common stock of Rocky Mountain Crystal Water, Inc. Olympus
issued  6,684,759 common shares for 100% of the shares of Rocky Mountain Crystal
Water,  Inc. An  additional  6,000,000  shares are to be issued in one year from
date of the  contract.  The name of Olympus  Ventures,  Inc. has been changed to
Rocky Mountain International, Ltd.

     As a result of this combination, the June 30, 1997 financial statements for
Olympus were restated to reflect the  combination  and the shares issues,  as if
the combination had taken place on that date.

                                        7
EXHIBIT INDEX

Exhibit Number            Description

     2.1  Agreement and Plan of Reorganization  between Olympus  Ventures,  Inc.
          and Rocky Mountain Crystal Water, dated September 24, 1997.

     99.1 Press release issued by the Company on October 1, 1997.

                                        8