To: Tommy Hicks who wrote (182 ) 10/12/1999 2:58:00 PM From: tonto Respond to of 492
To: +mtnres (179 ) From: +Tommy Hicks Sunday, Sep 7 1997 6:11PM ET Reply # of 491 ************************NewsAlert*********************************** FORT LAUDERDALE, Fla.--(COPPER WIRE)--Sep 7, 1997--Jerry Morgan, CEO of Olympic Ventures R Us, Inc. (OTC BB-OVRS), announced that he had completed negotiations with Matel Toys to provide apparel for a new line of action figure toys. Matel plans to unveil their Psychic Cop action dolls along with his arch rivals Evil Mike K. and the Hawaiian MM in October. Matel had planned to unveil the dolls earlier this summer when they encountered problems with their beta test units. Engineers had apparently used the actual likeness of Evil Mike in their design and found that the dolls frightened small children. Morgan stated "Man, Evil Mike is ugly to the bone." Matel engineers scrambled to remove some of the moles and body hair and did a massive remake of the dolls nose. Morgan added "He still isn't too pretty, but at least not as many children scream .....the initial testing damned near caused a riot at Walmart." Morgan stated that Olympic is currently working out problems they have encountered in their manufacturing process. "Those little biddy shirts are quite a challenge for us" Morgan stated "and those little buttons are a real pain. Have you ever tried to hem a pants leg the size of your finger?" Matel officials stated that they have plans for additional dolls in the line. They stated that S/M Mike and Don Ho Cross Dresser dolls would be available before Christmas. Morgan stated "I don't know much about this S/M stuff.......I know we havn't found a supplier for little biddy chains and hand cuffs." Concerning Don Ho Cross Dresser Morgan added "If they want lace on that thing it's gonna cost extra." Morgan added that problems had already been encountered with this endeaver "They turned down our garter belt prototype.....said it was a rubber band and didn't look right. I don't know how a garter belt can be made to look right on a hairy leg." Morgan indicated that Matel had backed away from offering the same options for the Psychic Cop "I just had to tell'em that I was afraid he'd do one of those Vulcan mind thangs." Morgan stated that the apparel for the dolls would eventually be manufactured at their facility in El Salvador, but language problems had been encountered. Morgan said "None of us here speak a lick of Spanish and they apparently have some kind of pindeho problem.....what ever that is." Morgan stated that he hoped to have the problem remedied shortly. Morgan added that he welcomed comments from investors and others, but stated "Let the phone ring a while, we're just busy as hell.......these little buttons are really something."