To: Pugs who wrote (39601 ) 2/1/1998 5:50:00 AM From: Ditchdigger Respond to of 55532
To: Skeeter Bug (202 ) From: ptm, inc Saturday, Oct 18 1997 3:53PM EST Reply # of 317 TRUTH Morg/Bret get rich by selling their near worthless stock to unsuspecting investors. In almost all public companies the shares issued to management are restricted for 12 months or more. Morg/Bret wanted to issue themselves shares that they could sell immediately. To do this Morg/Bret used deception. They registered 2,000,000 shares with the SEC, as part of an Employee Stock Option Plan. Securities law allows these shares to be immediately resold. Morg/Bret told investors these shares would be used to attract and retain employees and to supplement employees cash compensation. PROOF SEE: S-8 Registration Statement, Pages 2 & 5 TRUTH Contrary to what was told to investors, Morg/Bret issued all of the shares to themselves and a stock promoter named zapara, leaving nothing for the employees. At the time ovis had a total of 1,000,000 shares issued.. Morg/Bret/Zap helped themselves to 2,000,000 shares, worth abt. $5,000,000 today. PROOF SEE Equities Magazine article, dated May 1997, page 8 and Olympus 8-K page 15 TRUTH A $5,000,000 payday would satisfy most stock promoters, but Morg/Bret weren't done with investors yet. They secretly granted themselves an option to purchase 4,000,000 shares, having a market value of abt. $10,000,000. As directors of ovis and obligated to act in the best interest of the shareholders, Morg/Bret agreed to pay Olmpus $4,000 for the $10,000,000 block. PROOF SEE Olympus 8-K, Page 14 Morg/Bret allegedly acting in the best interest of the shareholders, gave themselves 6,000,000 out of 7,000,000 shares*How many shares are in the float this week? Pugs, I would also like to "see" some proof backing up the statement, that Mork is being investigated by the SEC. Or is this to be taken on "blind faith" like your illegal short numbers,ROFL!! DD ( The sky is falling,the sky is falling!!!)