The money issue does not make sense from a business stand point. If the money had been sent as the company advised, then the investor had already released the funds from their account abroad.
The SEC cautioned us regarding information provided by the company and
we will eventually better understand the company soon. It has a record
of poor asset management, release of inaccurate information via the wire services and brochures,
I recently received a copy of their brochure which was produced since
Gary Morgan and Roland Breton became directors and officers. This is serious stuff:
Olympus Ventures, Inc. of Ft. Lauderdale, Florida, a well managed, well financed company, has taken advantage of this major opportunity.
Over the past 18 months, Olympus has purchased several high quality
garment factories and in doing so has created a vertically integrated apparel manufacturing operation easily capable of fulfilling full packaging contracts. Now with some of the best-known
names in the retail garment industry already on its customer list, and with sales in calender 1997 expected to top $12 million, Olympus appears to be well prepared for long term growth.
The wording is explicit, they want the investing public to believe that the company not only is well financed, but that it has purchased several high quality factories, which we know is absolutely false.
They have written the above information for record, and I believe this is one of the reasons the SEC has cautioned us regarding the information. This has yet to be resolved.
Incidentally, on the back of the brochure it lists Alexis International as the contact for investor information.
Their address as listed on this brochure is:
74900 Hwy. 111 Suite 123 Indian Wells, CA 92210
(760) 773-9227
fax (760) 340-6629
Isn't this the company Zaparra is/was with and where Mork's shares allegedly are from? |
