TRUTH Contrary to what was told to investors, Morg/Bret issued all of the shares to themselves and a stock promoter named zapara, leaving nothing for the employees. At the time ovis had a total of 1,000,000 shares issued.. Morg/Bret/Zap helped themselves to 2,000,000 shares, worth abt. $5,000,000 today.
PROOF SEE Equities Magazine article, dated May 1997, page 8 and Olympus 8-K page 15
TRUTH A $5,000,000 payday would satisfy most stock promoters, but Morg/Bret weren't done with investors yet. They secretly granted themselves an option to purchase 4,000,000 shares, having a market value of abt. $10,000,000. As directors of ovis and obligated to act in the best interest of the shareholders, Morg/Bret agreed to pay Olmpus $4,000 for the $10,000,000 block.
PROOF SEE Olympus 8-K, Page 14
Morg/Bret allegedly acting in the best interest of the shareholders, gave themselves 6,000,000 out of 7,000,000 shares |