>>However, was anybody lied to by the company on this thread? If, in fact, those plants offshore are non-existant or not owned by Olympus Ventures, then I have been lied to by Roland Breton. If they do not get the 10 million dollars, then I have been lied to by press releases.
However, none of these things have been proven, so management is absolved... for now. But you people who fault Riley, who saw the same situation I did and hyped and told people to buy; I'm sorry, I just don't share your enthusiasm to nail him, although people I love have been burned by this stock.<<<
I am surprised at your comments that management is absolved because it hasn't been proven that they lied. It has in fact been proven that they lied. They do not own or operate the Hialeah plant or the Nicaraguan plant as they stated in press releases and on the phone. Perhaps you haven't verified the lies for yourself, but they have been proven to those who have called the Hialeah and Nicaraguan plants. They lied about the deal with Palco, as Palco notified RMIL two days prior to their press release. There have been many lies told about the receipt of the money and the status of trading. The people who bought this stock last fall were told they were buying stock in a company that had contracts with Kmart, JC Penny and others, there were in fact no contracts. They bought a company that promised to earn revenues of $12,000,000 and produce "squeaky" clean financials. They bought on the hype that there were more illegal shorts than there were existing shares, they bought on the promise that the float was 1.6 million and would not increase. The float is now 2.5 million, there have been no financials produced, presumedly because they don't even have $70,000 to pay the auditor. Where is the $12,000,000 in revenues?
Matty you are every con man's dream, a customer who blames himself for the misdeeds of others. If you bought what you thought was a new car and found it had been wrecked, would you blame yourself or the person who sold you a "new" car ? There is such a thing as consumer fraud, that's why there are laws against it. |
