Have you heard that a stockholder cartel representing well over 2.5 million shares has demanded the stock certificates of OLYMPUS VENTURES (OVIS-BB), a stock with a public float of only 1.6 million shares? This is particularly noteworthy in light of this press release from OLYMPUS CEO Gary Morgan ----- Read MY messages for information. exchange2000.com
---------------------------------------------------------- Transfer Agent..Trans Securities International 1-509-927-1255
Total O/S issued: 3,071,081 (verified 08-25-1997) Co. 144 SReg shares: 1,000,000 (approx.) Treasury Stock 471,081 (approx) ------------------------------------------------ Total public float: 1,600,000
OVIS Shareholder CARTEL numbers........ Known shares found: 2,138,113 ------------------------------------------------ Shares to go: (538,113)
Since starting the Sharholder Cartel, I have found 538,113 known shorts or nonexistent shares from inside the cartel alone! Think of how many shareholders do not have email, internet access, etc. I and others estimate that there are over 2 million PLUS EXTRA shares in the public float that should not be there! The only way to force the those concerned to call for your stock certificates. THIS action has nothing to do with type 1 or 2 accounts (cash/Margin). We are talking about the selling of stock that does not exist and must be covered in a short squeeze.
Can you see why OVIS and other forums that have references to OVIS have been invaded by the naysayers and personal attacks of me and others. ------
Complaints to regulatory agencies haven't stopped the practice of undeclared short selling. However, one way companies can protect themselves is to recommend to shareholders that they take physical delivery of their stock certificates. When physical delivery of stock certificates is demanded by a significant number of shareholders, the creators of nonexistent stock can be squeezed. The short sellers won't have stock certificates to deliver and thus they will cause losses for them and will cause them to move their undeclared short activities elsewhere. |