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Non-Tech : Olympus Ventures (OLPV)

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To: Bob Frasca who wrote (50)11/25/1996 3:21:00 PM
From: Robert Scott   of 485
 
The last data I have at my disposal is their special filing in September to give management a crack at 1,500,000 shares for "employee benefits, etc." Here is part of it:

As filed with the Securities and Exchange Commission on
September 4, 1996.
Registration No. 333-

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM S-8

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

OLYMPUS VENTURES, INC.
(Exact name of registrant as specified in its charter)

Washington 91-1552419
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)

749 West 17th Street, Hialeah, Florida 33013
(Address of Principal Executive Offices) (Zip Code)

1996 EMPLOYEE STOCK BENEFIT PLAN
(Full title of the plan)

Bryan Morley, 749 West 17th Street, Hialeah, Florida 33013
(Name and address of agent for service)

(305) 885-4464
(Telephone number, including area code, of agent for service)

CALCULATION OF REGISTRATION FEE

PROPOSED PROPOSED
TITLE OF MAXIMUM MAXIMUM
SECURITIES AMOUNT OFFERING AGGREGATE AMOUNT OF
TO BE TO BE PRICE PER OFFERING REGISTRATION
REGISTERED REGISTERED SHARE(1) PRICE FEE

Common 1,500,000 $0.52 $780,000.00 $269.00
Stock
($0.001
par value)

- - - - -

As you might suspect, the employees who most likely will benefit from this S8 will be the head honchos. Nothing wrong with that, of course, if the company is producing rewards for everyone, including us investors. We shall see.
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