SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?


To: TideGlider who wrote (18867)11/16/1997 9:49:00 PM
From: TopCat  Respond to of 55532
 
<< I don't understand the 14 mil
"investment" where did it come from?>>

One of the highly debated, but unanswered question from the 8K.

TC



To: TideGlider who wrote (18867)11/16/1997 9:49:00 PM
From: FTJoe  Respond to of 55532
 
Have a good night!! You'll need your rest if you intend to sort all this out!! ;-)



To: TideGlider who wrote (18867)11/16/1997 10:04:00 PM
From: michael d kugler  Respond to of 55532
 
My understanding of the situation with the $14 million asset, is that it is represented by a certificate for 4 million shares of MVPH, who bought an oil and gas property from PRTI while Michael Puhr, the president of Rocky Mountain Crystal Water, was at PRTI.

The certificate was stopped at the transfer agent by MVPH and the shares have already been re-issued to other PRTI shareholders.



To: TideGlider who wrote (18867)11/16/1997 11:08:00 PM
From: s martin  Read Replies (3) | Respond to of 55532
 
TideGlider, After catching up on all the posts, I see you never got the answer you were seeking. Sales of both water and garments are impossible to track it seems. While it seems to be a simple matter, I have tried for weeks to get the name of a location that sells the water. The names of Albertson's Safeway and Alfalfa Health Food stores have been given. Ticker Talker (I lbelieve) called both Albertson's and Safeway in Co and I called Alfalfa Health Food stores, none of them report that they sell the water. Additional sightings have come from a Mobil station on some expressway, Fordham University and one of the posters claims to own a bottle of water.

When I asked about any of these, the answer was they have many distributors. Problem is no one has the name or number of one that they can post. Joey Krinsky, of of the posters here reported he was told by Alex at RMCW that they are fully operational and running three shifts to "manufacture" (Morgan's word) the water. Morgan it is reported by the Casper Star Tribune says the plant is inactive. A new facility was contracted for but the contractor was not paid for the intial work and work was halted.

It has been reported that there were garment sales to Walmart and a number of other retailers, at one time. However for the present time, the situation seems to be that the only do contract work. They do the contract work for Trends Clothing Corp, in FL, I have not found a # for them. The cutting facility in Hialeah, it was reported here, by Tom Clarksburg, was fully operational, during his visit a month ago, with 120 workers, further checking revealed that was not true, the facility is patially occupied by workers for another company who does not produce items for Olympus. A number was given here for the Latin American facility, but a call by someone on this thread was answered by someone who said they could give no information.

Bottom line...There are no verifiable sales of water or garments that have been reported here.



To: TideGlider who wrote (18867)11/17/1997 1:19:00 AM
From: s martin  Respond to of 55532
 
This previous press release lists the outlets for Olympus wear that they previously claimed to sell to, As you can see they said they had orders that would keep all their plants booked to capacity until July of 1997. The Hialeah plant is not in operation by Olympus.

To: +The Ditchdigger (17600 )
From: +s martin Thursday, Nov 13 1997 2:03PM EST
Reply #17607 of 18934

International.. that's the ticket !

Management of Olympus Mills Displays Confidence in Company

Fort Lauderdale, Florida Wednesday September 4,1996 Olympus Ventures Inc.(OTCBB-OLPV)announced today that Gary Morgan's restructuring and aggressive business plan for Olympus Ventures, Inc. was given a major vote of confidence by the new management team. Roland Bretton, President of Olympus Mills, consulting accountant Joel Marcus, Mr. Morgan, and several other key executives agreed to work for shares in lieu of salaries. This strong commitment displayed by the management team should add to share holder confidence.

The recent surge of incoming orders spawned by endorsements from Wal-Mart and GNC has resulted in the Nicaragua, Dominican Republic and Hialeah, Florida plants being booked to capacity until the end of July, 1997.

Mr. Morgan spent the labor day weekend in Jamaica where Olympus Ventures shipping line CEA is finishing the refurbishing of their flagship "Pilar del Caribe." "By promoting the shipping line, our presence will be felt throughout the Caribbean, says Mr. Morgan. Owning CEA gives us the competitive edge we need in the garment manufacturing business. Consistently visiting all of the major ports gives us an accurate pulse of the market place, which greatly influences the pace at which we want to grow. I think North America is just beginning to take advantage of the many resources available to us in the Caribbean and Central America."

Olympus Mills USA is a Hialeah, Florida based manufacturer which owns and operates knitting mills, cutting, sewing and finishing factories. They sell to only top apparel companies such as Donna Karan, Bum Equipment and retailers such as Macy's, JC Penney, Wal-Mart, Montgomery Ward, K-Mart and Target Stores

Olympus Venture, Inc.
Corporate Office USA
Hialeah, Florida 33013

Tel:(305)885-4464
Fax:(305)885-4558