exchange2000.com
I find it rather strange that Dempsey Mork in conjunction with Hand &
hand stated that Dempsey Mork was in the real estate business but failed
to mention this.
Investment Security Companies
DEMPSEY MORK & ASSOCIATES
73725 EL PASEO PM
PALM DESERT, CA 92260
(760) 776-9331
We all may see through his real reason for trying to railroad OVIS, as
he runs an Investment Securities Company, along with his mentioned real
estate business, Magellan Litigation Services, and Magellan Capital
Corporation.
------------------------------------------------------
exchange2000.com
>Date: Tue, 30 Sep 1997 00:46:55 -0400 (EDT)
>Subject: Dempsey Mork & associates
>Don't know if this has already been found or not . Did a search on
"OnVillage Yellow Pages ", and found a listing for
>Dempsey Mork & Associates
>73725 El Paseo
>Palm Desert , Ca. 92260
>Telephone # given as (619) 776-9331.
>They are listed as an Investment Securities Company.
>Good luck !!
Interesting that Dempsey Mork has an investment firm along with a real
estate business. The only thing that Hand & Hand said was that they were
in the real estate business. It looks like they may have forgotten the
Investment Securities Company part of the business. I wonder if they use
the suspected shorted funds to buy property and expand upon it with
buildings and developments....
----------------------------------------------------------
FT. LAUDERDALE, Fla. (Dow Jones)--Olympus Ventures Inc. (OVIS) filed a
defamation suit against Dempsey Mork, his attorney John Hand and the law
firm of Hand & Hand.
As reported Wednesday, Mork, through an entity called Magellan
Litigation Services Inc., filed a lawsuit against Olympus, charging the
company with fraud and stock manipulation.
In addition to defamation, Olympus is charging the defendants with
unfiar business practices and conspiracy.
In a press release Thursday, Olympus said that while it has not been
served with the complaint, it believes the allegations are "entirely
without merit."
Olympus alleges that Dempsey Mork maintains a short position in Olympus
stock and has published false and defamatory statements against the
company in to lower its stock price.
(END) DOW JONES NEWS 09-25-97
05:14 PM
------------------------------------
Company Press Release
Olympus Ventures Inc. Files Suit for Defamation and Unfair Business
Practices
FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 25, 1997--Olympus Ventures
Inc. (OTC-BB:OVIS) today announced that on Sept. 24, 1997 Olympus
Ventures Inc. filed suit in the United States District Court for the
Southern District of Florida for defamation, unfair business practices
and conspiracy against Dempsey Mork, John Hand and the law firm of Hand
and Hand.
Olympus alleges that false and defamatory statements were published
through a national wire service, and posted on the Internet for the
improper purpose of influencing the price of Olympus Ventures Inc.
common stock.
The company further alleges that Dempsey Mork has established a short
position in Olympus stock, and is seeking to disrupt the company to
cause the stock price to decline in order to cover his short position.
The company also alleges that in furtherance of Mork's effort to disrupt
the company, he, thru an entity named Magellan Litigation Services Inc.
has purportedly filed a lawsuit against Olympus and its officers. While
Olympus has not been served with the complaint, based on the company's
review of the press release issued by Magellan, the company believes the
allegations against Olympus and its officers are entirely without merit.
Gary Morgan, CEO of Olympus states that: ''The company alleges that the
false and defamatory actions were an attempt to manipulate Olympus'
stock price and damage the company's credibility and growth in the
marketplace. By filing this action we are protecting the integrity of
Olympus Ventures Inc. common stock and standing firm against any and all
efforts to manipulate the marketplace.''
Olympus has retained, Thomas L. Abrams, of Shapiro & Abrams in Ft.
Lauderdale and Karen Y. Bitar, securities litigator with the
international law firm of Paul, Hastings, Janofsky & Walker LLP in
connection with the action. Abrams states that this action is similar to
an action which has recently been filed in the United States District
Court in New Hampshire by Presstek, Inc. (PRST), trading on the Nasdaq
securities exchange.
______________________________________
The next installment we will get into a major brokerages involment in the RMIL market .
RBM |
