DD,
(I am trying to send this in 2 parts, its long, and theres some problem)
I can say this:
I was one of the first people to talk to Jehu Hand, although I was not completely honest with him, I was trying to feel him out, and got a pretty good idea as to what he seemed to be up to. I also had a friend who called, here is the first reason.
A) My friend told Mr Hand that he had a 10,000 share position and that he wanted to know what was going on Mr. Hand informed him that OVIS was a company in California and that they had no tie with OVIS in FLORIDA, and infact they owned the name, and were doing business. He told my friend that OVIS in FL had inflated the price by announcing the deal with PALCO which didn't exist. (Now DD your not going to tell me a 750,000 dollar aquisition is going to run the stock from .19 to 2.00 dollars are you? :-) ) yet that is exactly what Mr. Hand was saying. He said that he should sell, and get out while he could.
B) I called and told Mr. Hand that I had a sizable position, 6 figure position...whala, Sir, you are in grave danger of losing your money, I am here to help, tell me how many shares do you have? I continued to try and find out what was going on....he continued to badger me about how many shares I had, he went so far as to ask me to fax a copy of my certs to him... I also told him that OVIS did still retain their name (as I had called Washington State) and he called me a liar! I told him I had confirmed, and he said that they were OVIS and they were in the real estate business, and no OVIS and they didn't sell stock...I then asked him how I had my position with their name on it, and he said that the OLD OVIS no longer exsisted and it wouldn't be trading in a few days. He wanted my phone number, my broker...I didn't like his tone, and when I asked him if he was the attorney for the short position, he said, "no, I am a representative of a OVIS shareholder," Now what shareholder, in their right mind would be po'ed about a run from .20 to 2.00? One that was a shareholder on borrowed shares, thats who.
C) My conversation with Randall Baker, this will be quite simple, I asked Mr. Baker what his position was, and he claimed first that he was an attorney for Magellan, (later of course he slipped and said he was a broker) of course me, I couldn't believe my ears? I asked him what was going on, and he said THEY were trying to help shareholders, and that I should sell? Of course at this point the whole name thing had been straightened out, and he still claimed they were OVIS...
D) Next the TA, well, the damn TA was pretty interesting too... I ordered my certs back in August...I already told everyone that It took Schwab about 2 months to get their stuff straightened out, well low and behold, Schwab called me and told me that it had been sent to the TA....I called the TA to confirm what everyone had been reporting, that they had been being held up, and that they were receiving typed certs...I called the TA to find out if my certs had been processed, When I talked to the lady, can't remember her name now, who was in charge she told me, "Yes Mr. McCarty, I am typing them up as we speak" So I asked, why are you typing them, don't you have a printer? She replied "Yes we do, but my Boss told me to type these, I don't really know why" Of course it was about 2 weeks before that someone from the Calvary had said they heard a rumor that Mork knew the TA, and that his business may use the same one, and he may even have been close to the TA at some point. Now I don't know about you, but I found this to be fishy as well.
E) Finally, I think the presents of MAWORKS, PMT INC. and of course Phurity, was the icing on the cake. First off, Maworks was passing legal documents on this thread that should have never made it here, discovery, yes, SI no. PMT inc. who Mork said he hired to make the Web page, also came on and flamed...now how many people do you know that will put up a web page for you and then come to this thread and speak about something they are total unqualified to talk about and try and scare investors? Phurity was obiously a play on Mike Phur, and he did about the same, claiming trading halts in October or early Novemeber I believe. When things started heating up, and an investigation was started, they almost completely vanished, not a word, or a whisper in the night. I truely believe that they were here to shake people, and yes..it worked. Do you realize if we weren't held up at the TA (and I can only say we were, because people reported such here)we would have sealed this deal up in October, not sitting on our hands talking about fundementals in January. There are just to many coincendences for me to just think thats what they were. I also think that Mr. Morks behavior leads me to belive that he has something more then a measly 100,000 short position to cover, or he is tied to one in Canada, and he may have known about one in Asia. His puppets, put up a Web page calling us Rileys sheep, and a bunch of kool aid drinkers, (while I admit did in my grade school days :-) That sure is a way to build public opinion. Now he wants me to believe he is my savior and I can jump on his lawsuit for free...so why didn't he say this before? Its just kind of convenient now that he has people starting to shutter, and he has enough people worried about fundi's when in a squeeze, as I have said before, they really don't mean much, although enough is needed to trade :-) |
