>>The present tenant signed his lease6-24-96.<<
Fort Lauderdale, Florida Wednesday September 4,1996 Olympus Ventures Inc.(OTCBB-OLPV)announced today that Gary Morgan's restructuring and aggressive business plan for Olympus
Ventures, Inc. was given a major vote of confidence by the
new management team. Roland Bretton, President of
Olympus Mills, consulting accountant Joel Marcus, Mr.
Morgan, and several other key executives agreed to work for
shares in lieu of salaries. This strong commitment displayed
by the management team should add to share holder
confidence.
The recent surge of incoming orders spawned by
endorsements from Wal-Mart and GNC has resulted in the
Nicaragua, Dominican Republic and Hialeah, Florida plants
being booked to capacity until the end of July, 1997.
All the plants, including the Florida plant were booked to capacity
until July, 1997. Date of release is September 4, 1996, two months after the current tenant of the building signed their lease, per Mike.
It has been reported that Olympus boxes etc, were seen inside the building. Was that work sub'd out to the current tenant? If so, how is this tenant able to do the work in less space, when the presales created a capacity situation? Sewing machines and cutting tables working dimensions cannot be reduced. |
