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Microcap & Penny Stocks : Olympus Ventures (OVIS) - formerly (OLPV)

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To: Findit who wrote (779)8/21/1997 2:58:00 PM
From: Riley G   of 13196
 
OVIS information: As of last night

Total O/S issued: 2,900,000
Co. 144 SReg shares: 900,000 (2 more year befor conversion)
Treasury Stock 400,000 (is not going anywhere)
Total public float: 1,600,000
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Cartel Shares: 1,805,844
Shares to go: (205,844) Known shorted shares
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These numbers represent what has been reported to me by fellow cartel members. I amd other are in this company based upon the fundamentals.

I invested in OVIS some three weeks ago because I saw an undervaled company with huge growth potential based on projected 12 month revenues of 15 plus million dollars w/ 2.9 million total shares outstanding. This alone related to a stock price of between $15 and $20 per share w/ a PE in the 20's.

I found that there was an alleged short position that was greater than the public float and that caught eye.

RG
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