Management and financials:
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(it would be good to know who the other key executives are) 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
The vessel has been covered, although the issue is confusing. The knowledge that the plants are leased, yet the company made a specific point of stressing the fact that it owns plants, is disturbing.
Management and financials:
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
The vessel has been covered, although the issue is confusing. The knowledge that the plants are leased, yet the company made a specific point of stressing the fact that it owns plants, is disturbing.
Management and financials:
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
The vessel has been covered, although the issue is confusing. The knowledge that the plants are leased, yet the company made a specific point of stressing the fact that it owns plants, is disturbing.
The company info at their website once again refers to their puchasing the factories, which contradicts their filings with the SEC:
olympusventures.com
I have done searches on the net, without success, and have called the Oklahoma State Archives, The Vocational and Technical Department, The Regents of Higher Education, and the Oklahoma Board of Private Vocational Schools, and have been unsuccessful in verify that the Oklahoma Institute of Technologies, listed as a place of education for Mr. Morgan, exists, or has ever existed. Hopefully this school's address and history can be posted by someone.
I spoke with Alex today, and the company has 4 private labels. She did not know where or if I could buy any in Colorado. She did say that they shipped product to Asia, not too long ago. It does not have a specific order frequency, it is ordered as needed. All other questions were referred to the sales office. |