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Microcap & Penny Stocks : Olympus Ventures (OVIS) - Shareholder Cartel

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To: Riley G who wrote ()8/28/1997 11:59:00 PM
From: Riley G   of 65
 
What is the shareholder cartel.

1. The term cartel is used for the lack of a better word.
2. The Shareholder cartel was formed by me as a means to count the public shares of OVIS shares on the public market. As I and many others expected to find many extra shares that have flooded the market. The only way for this to have happened is through the blatant selling of nonexistent shares by the market markers to new or old investors buying OVIS shares.
3. Once I had counted some 2.1 million OVIS shares on the market. I new that the market had been flooded with at least 500,000 extra shares. I and others also expect that there maybe between 2 to 3.5 million extra shares in the OVIS market place that should not legally be there.
4. We the members of the shareholder value cartel are each individuals acting on our own in a common cause to achive our proper shareholder value. We are for all shareholders and not just for ourselves. This means that we do not sell any shares until each individuals shareholder value is recieved. We do not flood the market with our shares if we decide to sell them, as OVIS has a small public float and this would collapse it. Thus damaging other shareholders value.
5. The calling of the stock certificates was a last ditch effort as we believe the Market Markers had banned together to hammer the stock back under a dollar and into the pennies again. We were left with no choice in the matter but to take this drastic action as they were trying to decrease or share value through an induced panic selling.
This was witnessed by myself and others on the Friday afternoon, before I asked each member to start calling for certificate delivery. The closing on that Friday and trading the next Monday showed heavy signs of this attempted induction of a panic sell which failed as more people bought shares on the dips to stabilize the stock.

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Based upon the past 9 months eps of .085 cents OVIS should have been trading at $2.125 to $2.5 per share. Based upon the 12 month projected revenues of 15 million plus dollars, I see OVIS trading at $15 to $20 per share. A far cry from the .19 cents I found the stock at when I first started buying it in Aug. 1997.

Riley G
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