OVIS from $.17 aug 8/97 to $2 Sept.19/97, more than just an investment, no guts no glory,
> ALL NEWBEES, IMHO:
We are volunteers ordering stock certificates and taking the risk for possible gains.
OVIS is comming under heavy attack , yet holding very strong. Here is why.
> 1. The cartel investors are loosely organized but committed, informed and seasoned investors
> with a unified purpose to control their own destiny.
> This investment is better understood if viewed as a short squeeze play
> simply with the support of ovis shareholders and insiders. FORGET TA,
> fundm'l,trend and TIMING.
>
> Remember what happened to us with many other stocks, everything looked great but the
> price kept dropping. With OVIS you can at least know that you have a chance to
> effect the price by trying the plan. If you don't want to be apart of this
> effort don't buy OVIS,it is not just another investment for most of us. WE
> believe we are fighting the system and are willing to lose our money to
> make this point.
That's why the posting is so positive and defensive. We
> must stick together, hold the stock with the purpose of forcing the shorts
> to cover,for the plan to work.
IMHO, this is better than just holding any other stock
> and hoping it will go back up because it has a higher value. If we lose it
> won't be because we
> did not follow our plan and we may learn how to improve and try again in
> due time.
Be aware that you may meet heavy resistant from the clearing house and delays in issuing certificates.
IMHO , the system can delay the the real affects of the squeeze for 3 to 5 month. Meantime the MM will be trying to accumulate shares from anyone they can shake out. Expect OVIS to be strong in each comming month but it should really explode after you have recieved your certificates and held them for few months.
I do not see how buying and holding certificates is manipulating. I just want to make sure that my stocks are owned and controlled by me. I am willing to buy and hold this stock at my risk. I am not advocating that you buy or not buy this stock.
> 2. Shareholders and OVIS management are working in tandem to increase share
> value. We are prepared for dirty tricks, market cycles and sentiment for a
> developing company. With so many people responding to every issue it is
> much harder for the powers to be to put out misinformation that is not
> corrected before it does any meaningful harm.
> 3.IMHO,This is the first time the internet has been used to keep investors in communication,( with each other/ management/market action/news/regulators,etc instantaneously ), as a losely organized group of share holder who volunteer to invest their hard earn money in anticipation of a short squeeze. The power of instant communication will make this a success and is vital to each shareholder.
> 4. OVIS management is doing an outstanding job for the company and it
> shareholders. (see rangingbull artical ragingbull.com
>
THE PLAN RECAP of select posts and news releases
PAST post to read for quick update
>
> To: Swagboy (6428 )
> From: Tom R. Clarksburg Sep 12 1997 12:37PM EST
> Reply #6475 of 6478
>
>
> Geez!!! I feel like a school teacher here!!! :) Here is a quick and easy to
> understand explanation: (keep in mind, all the numbers I use will be
> hypothetical for the sake of simplicity:
>
> XYZ corporation has 1,000,000 shares outstanding.
> Insiders (ie. pres., CEO, CFO, Directors, etc.) own 900,000 shares,
> therefore the FLOAT is 100,000 shares.
>
> Keep in mind, that the 900,000 shares that are owned by the insiders are
> all in their possession, in other words, their stock certificates are located
> at their homes and in safe keeping, meaning the DTC (Depository Trust
> Corporation) does not have them.
>
> The DTC only has 100,000 shares, which is the effective float.
>
> Now, over the past 1 to 2 years, the MM have been shorting stock to new
> buyers, however, given the sad state of the company, they figure that they
> can short and never have to cover by continuously short selling the stock
> to new investors who want to buy, since they don't have or even need to
> keep an inventory. This action prevents the stock from going up and gives
> the illusion of liquidity when there is not any. Once the retail buying
> dries up they short the stock to themselves and simultaneously covering
> thereby creating a "CHURN" while lowering the price.
>
> In the process of shorting the stock to retail clients without coming up
> with the required borrowed stock they are effectivley creating more stock
> that was not authorized by the company. How can that happen you say? Well,
> thats why the process of Naked or undeclared short selling is illegal. They
> are shorting (selling) YOU , in the investment public, stock that was
> created by them.
>
> back to my example above:
>
> Lets now say that through the process of Naked shorting the stock to
> legitimate retail buyers (you and Me) there are now 3,000,000 shares in the
> public hands or "float". In other words , (you and me) now own 3,000,000
> shares of XYZ corporation, when the "float" is supposed to be just 100,000
> shares.
>
> Now the owners of the 3,000,000 shares decide to take delivery of their
> stock certificates. They call their brokers and put in the request. The
> broker then sends the request to the Transfer agent who begins the transfer
> from the"brokerage name" to your name. Well, the transfer agent begins
> to issue certs, however when the reach 100,000 shares their computer stops
> printing certicates because the legal authorized(by XYZ corp) share limit
> has been reached.
>
> So what happens next? Simple, The transfer agent then calls up the MM and
> tell them that there are an extra 2.9 million shares and they have 3
> business days to eliminate those shares. Now the MM has 2 options:
>
> 1) call XYZ corp. and plead their case to them and ask if they please issue
> 2.9m more shares or,
>
> 2) they would have to go in an buy 2.9 shares in the open market, this will
> in effect skyrocket the stock because they are trying to buy in a market
> that has the float completely taken up. So in order for the people to
> loosen the hold on their shares, they have to continousluy increase the
> price.
>
> Hope that explantion helped ( sorry about mis spelled words and typos as I
> am late for a meeting and must go.
>
> Regards
> Tom
>\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\> > news
> > > release release AUG.25,1997 along with investor see plan below.
> > >
> > > Subject: Olympus Ventures (OVIS) - formerly (OLPV)
> > >
> > > | Previous | Next | Respond | Show Navigation
> > >
> > > To: Fatdaddy (1284 )
> > > From: Riley G Aug 22 1997 7:51PM EST
> > > Reply #1304 of 4408
> > >
> > > FEEL THE OVIS CARTEL POWER !!!!!!
> > > At 05:27 PM 8/22/97 -0700, you wrote:
> > > >Which do you think is the best option for us. IE.keep us out of the
> loop
> > > >the least amount of time and help protect the cartel's interest.I'm
> sure
> > > >the timing is a concern to some of us.
> > > >
> > > >I would hate to think great numbers of small shareholders would do
> > > >NOTHING because of the confusion, thinking their shares didn't make a
> > > >difference.
> > >
> > > Stay in the loop we need everyone or we all fail. So far we only lost
> two
> > > people. One was a college kid with 200 shares that doubled his money
> from
> > > .42 to 83 area, and the other was a day trader.
> > >
> > > The cartel does not sell until the stock price is over $20 per share,
> and
> > > then only releasing shares in small amounts as the stock climbs to new
> > > highs. The price this could reach is beyond belief, but the big key is
> to
> > > sell your shares in small amounts and not dump it, and don't sell at
> the
> > > market. Sell them in odd ares like $56.625 or $87.125.
> > >
> > > Like I have said before 200-1000 share holders can easy out whenever
> they
> > > wish. BUT work the ladder and play it to the max. Don't look at 50 to
> 80
> > > per share and then just dump it. Sell some here and some there. Make
> this
> > > thing work for you and the cartel. Remember we are the ones with the
> > stock
> > > and we are the ones calling in the certs. This is why ALL CERTS have to
> > be
> > > called. Don't think because you have only 200 shares or less that you
> do
> > > not make a difference. In fact the more certs that are called the HIGH
> > then
> > > stock will go, as this puts direct press on the seller of shorts and
> they
> > > must buy them at the market price, and that is control by those with
> the
> > > stock. Now we have the MM and shorts coming to buy your shares at your
> > > price and you basically name it! So call in those certs NOW!
> > >
> > > This stock price will not happen in a day. We will shoot up quickly,
> but
> > it
> > > will last for a long while, as it takes a long time to by back 100% of
> > the
> > > shorted shares. There will be action for a while and wait the stock
> > raises.
> > >
> > > As many of you have seen. I have not been wrong with my calling the
> shots
> > > of what the MM would try to do to us. That being Run the price of the
> > stock
> > > up and then try to walk it back down to great profit taking and panic
> > > selling. The other dirty tricks that they would play, and even the
> dates
> > > and times they would do them. And I have put 15 hours a day at this for
> > the
> > > last few weeks to get us all through this ordeal in one piece and a lot
> > > richer. And I am in the business to make money. In this deal I should
> > make
> > > between 2.5 to 4 million with my shares alone, some others more, and
> some
> > > less, but I can not do it without you and you without me, and we have
> > done
> > > so far what others said was impossible. I believe this one will go down
> > in
> > > the record books, and may even change the way MM work stocks. We are a
> > team
> > > and we all need to be on the same page.
> > >
> > > That page is.
> > > 1. Buy stock at any price, not limit orders. BUY at the MARKET at these
> > > levels. As you will not get filled any other way.
> > > 2. Don't sell until the marks are reached over at least the $25 range.
> > > 3. Don't fall for the MM tricks mentioned earlier.
> > > 4. We are for every shareholder of OVIS in or out of the cartel.
> > >
> > > The reason that 99% of you are in this cartel is because I formed it on
> > > Aug. 7th, 1997 when the stock was at .19 to .22 cents a share. I
> > uncovered
> > > this diamond in the rough and built this cartel with the help of
> everyone
> > > on the list. But the true reason you are here is because of the way we
> > > cartel members at the bottom worked at buying all the shares we could
> and
> > > at any price. We took this company up from the ashes of the MM doom
> into
> > a
> > > company that wants to be on the AMEX.
> > >
> > > Each one of us from the smallest shareholder to the largest each need
> the
> > > other in this business as the Market Markers will do just like I have
> > said
> > > and try these dirty low down tricks.
> > >
> > > Why, because people get scared and loose trust upon there fellow
> > > shareholders based upon their past dealing with people. To win this
> > ordeal
> > > and every make TONS of money in return, we must act as one unit and act
> > as
> > > fast and furious as they do.
> > >
> > > Monday we need tons of buying at the open as they will try to hammer
> down
> > > lower at the open. We all need to get new investors in OVIS and have
> them
> > > buy it and order their CERT's then, not later, as this places more
> > pressure
> > > on them.
> > >
> > > It all comes down to this.
> > > Call the CERTS and play it to the hilt. We are the winners already, we
> > just
> > > need to work the stock price now. That's a short squeeze. You get what
> > you
> > > put into it, and don't back down because you have 2,000,000 plus cartel
> > > shares behind you.
> > > -------
> > > All others outside the cartel need to do the same things. Everyone call
> > in
> > > the certs. This should mean about 3 to 4 million cert requests for 1.6
> > > million total.
> > >
> > > You can see why the MM are worried. To late the ball was dropped today.
> > >
> > > Riley G
> > > OVIS Cartel Founder & Leader
> >
> > FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Aug. 25, 1997--Gary Morgan, CEO
> of
> > Olympus Ventures, Inc. (OTC BB-OVIS), announced that he is organizing a
> > non-profit association to counter the abusive practices of short-selling
> > securities listed on the Over-the-Counter Bulletin Board(r) system of the
> > National Association of Securities Dealers.
> >
> > Morgan stated that he felt that small, "legitimate" companies listed on
> the
> > Bulletin Board(r) system have no protection against the practice of
> abusive
> > short-selling by well-capitalized trading firms and individuals
> attempting
> > to profit from market manipulation rather than company and market
> > fundamentals. By uncoupling a company's stock performance/movement from
> the
> > company's fundamentals which ordinarily determine its stock
> > performance/movement, abusive short- selling practices significantly
> > influence the ability of such companies to maintain favorable shareholder
> > relations and to access capital, (etc.) desperately needed by many such
> > companies to achieve higher levels of growth and other corporate goals.
> > Such practices may also discourage "excellent" companies that do not
> > qualify for listing on any of the national exchanges, from going public
> > through the Bulletin Board(r) system.
> >
> > Morgan feels that by inhibiting access to capital, abusive short- selling
> > practices frequently determine the destiny of companies listed on the
> > Bulletin Board(r) system. Accordingly, he is organizing an association to
> > work with the regulatory agencies overseeing the Bulletin Board(r)
> service,
> > to bring attention to the problems caused by abusive short-selling
> > practices and to generate ideas to combat such practices. Morgan has
> > already engaged the commitment of a securities attorney, a stock analyst
> > and a lobbyist to work with and advise the association.
> >
> > Morgan welcomes the participation and input of executives of any small
> > companies who would like to support and be involved with the association.
> > To get more information, contact Gary Morgan by E-mail at
> ovisusa@aol.com,
> > or by facsimile at 954/565-8894. -0-
> >
> > NOTE TO EDITORS: In the Internet/email address noted in this news
> release,
> > there is an "at" symbol between ovisusa and aol.com. This symbol may not
> > appear properly in some systems.
> >
> > CONTACT:
> > Olympus Ventures Inc.
> > Roland Breton, 954/565-9292
> > email: ovisusa@aol.com
> > olympusventures.com
> FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 16, 1997--Olympus
> Ventures, Inc., (OTC-BB: OVIS.O) announced Tuesday that a press
> release, which was released by Hand & Hand dated Sept. 15, 1997 at
> 5:36 p.m. EDT, stating that OVIS was dissolved and no longer exists,
> is erroneous.
> According to Gary Morgan, chief executive officer of Olympus
> Ventures, Inc. (OVIS), the new Olympus Ventures was advised by the State of
>
> Washington on Sept. 11, 1997 that they would have to change their
> name or be removed from the Washington Registry. They also were
> advised that the original Olympus Ventures, Inc. is fully
> incorporated and in good standing with the State of Washington.
> Morgan stated, "Hand & Hand represents an investor of OVIS which is
> extremely unhappy with the increase in the stock price of OVIS."
> Morgan said he believes that Hand & Hand is doing anything in its power
> to disrupt the market of OVIS.
> Morgan also stated that this is a prime example to what
> means the shorters will go to disrupt the OTC-BB companies.
> Morgan said he plans on meeting with NASD and the SEC giving them
> documentation which he has compiled over the past 30 days.
> Morgan's final comment was, "Shorting stock in a legal manner is
> healthy to the market; however, illegal Naked Shorting is damaging
> to the small companies, its investors and defeats the attempts of
> the NASD to protect the investor."
> For additional information and verification, contact Roland
> Breton at Olympus Ventures, Inc., 954/565-9292.
> -0-
>
> The following was issued to Olympus Ventures, Inc. by the State of
> Washington Secretary of State, Corporations Division, on Sept. 16,
> 1997:
>
> DATE: September 16, 1997
>
> TO: OLYMPUS VENTURES, INC.
> ATTN: ROLAND BRETON
> FAX: (602) 993-0276
>
> RE: OLYMPUS VENTURES, INC.
>
> The reinstatement for your corporation was received on September 08,
> 1997. The filed date of documents is the received date in this
> office.
>
> On September 10, 1997, a corporation also by the name of OLYMPUS
> VENTURES, INC. was filed with our office on an expedited basis.
> This filing was accepted in error. Since the reinstatement was
> received first the other corporate filing for OLYMPUS VENTURES, INC.
> should not have been accepted.
>
> The other corporation was notified by our office on Thursday,
> September 11, 1997 that they needed to file a corporate name change.
>
> Please contact me at (360) 664-4198 if you have any questions
> regarding this matter.
>
> Sincerely,
>
> Christina M. Johnson
> Team Support Manager
>
> CONTACT: Olympus Ventures, Inc., Fort Lauderdale
> Roland Breton, 954/565-9292
E-Mail: ovisusa@aol.com
CWF
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