Steve,
If you were one of the 450 employees in Nicaragua, wouldn't you wonder what happened to your fine company?
I'm not sure what it looks like to you, but to me it looks like 75% of Olympus' workforce now works for someone else.
But of course, that's not important or anything.
And almost half of your fine company's assets were or are there, but that's probably not anything to get too excited or curious about, right?
And the company says in the 8-K
6.3 Conduct of business. Olympus will use its best efforts to maintain and preserve its business organization, employee relationships and goodwill intact, and will not, without the written consent of RMCW, enter into any material committments except in the course of ordinary business.
And,
4.6 Title to Property. Olympus has good and marketable title to all properties and assets, real and personal, proprietary or otherwise, reflected in its balance sheet, and the properties and assets of Olympus are subject to no mortgage, pledge, lien, or encumbrance, except leins shown therein or in Exhibit M, with respect to which no default exists. |
