August 1, 1997
Attention: Shareholders in "OCCF"
We are pleased to tell you that the quarter has just been completed with a new quarterly record being set for sales and a new monthly record high for sales
was also set in July. Sales for the third quarter was approximately $14.3 million versus $10.86 million in the same period last year and $10.6 million for the
second quarter. Business levels continue to strengthen with the fourth quarter typically being our strongest quarter of the year. Please find attached some
of our recent press releases for information purposes.
On a more serious note, I have not responded in quite a while on the "Short Interest" in "OCCF". As reported in several earlier press releases, the few large
funds that control most of the "Short Interest" continue to manipulate the stock price. It is the value of your stock that they are playing with. Presently they
have sold 967,920 shares that they do not own, depressing significantly the value of your shares. Remember, "short interest" selling means that someone
has borrowed your shares without your knowledge, then sold them without your knowledge, and is hoping to buy them back cheap and then return them to
your account. Several stock brokers have suggested that the only way that we can drive the "Short Interest" manipulators out of "OCCF" is to have all
shareholders request their shares back in certificate form. Presently 2.41 million shares are at brokerage firms in street-name and 265,000 shares are in
the original stock certificates. If your "OCCF" stock is in an account at your stock brokers office and you wish to assist in eliminating the "Short Interest"
manipulators and to increase the value of your shares, please try the following:
Call your stock broker's office and inform them that you wish to have your "OCCF" shares returned to you in certificate form immediately.
Watch what happens to the stock price as your shares are returned to you in certificate form.
We shall monitor the process and send out additional newsletters approximately every two weeks so that you can stay informed with how many shares are
in certificates versus in street-name at stock broker offices. As the number of shares in street name gradually declines, the "Short Interest" manipulators
will be forced to buy back that 967,920 shares. Talk to your friends at home or work and let them watch and see what happens when shareholders take the
initiative to drive these underhanded manipulators out of "OCCF". This process might take a little while to complete, so be patient, inform others, and wait
for the next update.
For your information, here is an approximate background on when, at what price range, and how much stock the "Short Interest" manipulators have sold to
depress the value in "OCCF".
DATE NUMBER OF SHARES
SOLD SOLD "SHORT" PRICE RANGE
----------------------------------------------------
June 1996 568,000 $20 to $30
August 1996 157,000 $18 to $20
September 1996 30,000 $16 to $18
March 1997 65,000 $15 to $17
April 1997 165,000 $12 to $13
At what price would you be willing to sell your shares back to these "Short Interest" manipulators? A good question that only you can answer. Remember,
it is like you loaning someone a stick to beat you up with and then asking yourself what happened. The "battle" has just begun and with the help of our
6,500 shareholders, victory shall be ever so sweet to you.
Yours truly,
Robert Kopstein, President/CEO |
