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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (28667)12/18/1997 9:40:00 PM
From: michael d kugler  Respond to of 55532
 
DD.....here's the release.

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 Breton, 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 committment should add to shareholder 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 marketplace, 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