Pugs, you are confused about the truth about GIFS or what actually took place. Do not expect me to row your boat regarding GIFS. Try as hard as you like, twist the information as hard as you can, but it will lead you nowhere.
RMIL on the other hand is entirely a different issue. Our discussion only highlights in writing what RMIL is to date. It is a company that
operates out of only one leased factory, that being the one in the Dominican Republic. As you are aware, they were evicted in Nicaragua and no longer are in business there, and the leased factory in Hialeah
is subleased to another firm. They have lost considerable capacity during another tough year for the company.
The company should have released this very materially important information to the investing public, as until it was disclosed here, most investors believed as late as a couple months ago that their company owned their own factories, instead of having been evicted from a leased factory.
I know you support how current management operates, but it is better for investors to know that the company had changed dramatically and never owned the factories that they leased.
From the brochure:
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. |
