People in MORK's office (Gerry Caskey - Webmaster) had the evidence also.
Gerry Caskey = PTM, INC on SI
RG
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siliconinvestor.com
To: Skeeter Bug (202 )
From: ptm, inc Saturday, Oct 18 1997 3:53PM ET
Reply # of 318
TRUTH
Morg/Bret get rich by selling their near worthless stock to unsuspecting investors. In almost all public companies the shares issued to management are restricted for 12 months or more.
Morg/Bret wanted to issue themselves shares that they could sell immediately. To do this Morg/Bret used deception. They registered 2,000,000 shares with the SEC, as part of an Employee Stock Option Plan. Securities law allows these shares to be immediately resold.
Morg/Bret told investors these shares would be used to attract and retain employees and to supplement employees cash compensation.
PROOF SEE: S-8 Registration Statement, Pages 2 & 5
TRUTH
Contrary to what was told to investors, Morg/Bret issued all of the shares to themselves and a stock promoter named zapara, leaving nothing for the employees. At the time ovis had a total of 1,000,000 shares issued.. Morg/Bret/Zap helped themselves to 2,000,000 shares, worth abt. $5,000,000 today.
PROOF SEE Equities Magazine article, dated May 1997, page 8 and Olympus 8-K page
15
TRUTH
A $5,000,000 payday would satisfy most stock promoters, but Morg/Bret weren't done with investors yet. They secretly granted themselves an option to purchase 4,000,000 shares, having a market value of abt. $10,000,000. As directors of ovis and obligated to act in the best interest of the shareholders, Morg/Bret agreed to pay Olmpus $4,000 for the $10,000,000 block.
PROOF SEE Olympus 8-K, Page 14
Morg/Bret allegedly acting in the best interest of the shareholders, gave themselves 6,000,000 out of 7,000,000 shares |
