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


To: Riley G who wrote (31245)12/29/1997 1:21:00 AM
From: s martin  Read Replies (1) | Respond to of 55532
 
What would be your explanation for this press release if what you state is true. ?

Fort Lauderdale, Florida Wednesday September 4,1996 Olympus Ventures Inc.(OTCBB-OLPV).

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."



To: Riley G who wrote (31245)12/29/1997 1:27:00 AM
From: michael d kugler  Respond to of 55532
 
<Speculation on my part. Lets suppose the ship was recovered and OVIS / RMIL was contacted about it's recovery. Suppose Gary Morgan flies down to check it out and finds it's beyond repairs and Gary Morgan leaves it as is. Since the ship was already written off as June 30, 1996. Who really cares about it anyway? I know that I don't.>

So then he puts a press release out a couple months after that saying they refurbished it, on a grandiose article about how much confidence everyone had in Morgan.