Yuri...All,
I phoned the company this morning and spoke with Gary Morgan...I wasn't received with enthusiasm, and as the conversation progressed, I think I understood why. First, the phone numbers...
Olympus Ventures, the mill 305-885-4464
Olympus Ventures, corporate 954-565-9292
Lions Sports, 516-244-6155
They employ about 700 with better than 80% in the factory in Nicarauga
and The Dominican Republic. They have a cutting mill and a knitting mill in FL...Gary Morgan has sucussfully CEO'd several companies...
National Properties, which I believe he said was privately held, a chain of Pizza Parlors and several other ventures..I've forgotten...
Olympus will see $100,000 profit in the first Q of 97, and they haven't been in operation for a full year.
My impression is that they definitely need a PR firm, or at least a receptionist...the marketing is lacking in this area. My understanding is, they are aware of this and have hopes to have a new marketing firm Very soon...I took this information to be genuine and
expect we will hear something in the next 2 weeks...
Strong intuition tells me not to sell...and I am going to listen to my inner voice.
Nothing can be done about the MMs and when the shorting is done we
will be happily and profitably invested...I think!!
I didn't call the mill..maybe sommeone do that? They will have
information for us as well.
The conversation went very well, and ended on a Much better note...
Claudia |
