OILEX (OLEX) Message Board

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Microcap & Penny Stocks : OILEX (OLEX)

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To: Marty Rubin who wrote (974)	5/2/1997 11:48:00 PM
From: Madeleine Harrison	of 4276

The company now makes money and I don't see why they shouldn't buy their own shares. Maybe 2M shares will somehow stop the dilution and bring the price to $3. Remember: we have one month before the company could have the chance to really consider NASDAQ. Until then, the company can decide on many ways to bring the price up. Advice? Call Oilex! Marty Marty, I like this idea a LOT better than the reverse split which Eric keeps bringing up and which we convenietly ignore. But I don't know if buying them would be enough to bring the price up that far. Also, I have this itchy thought in the back of my head that very soon the qualification for NASDAQ is going up to $4. Is that right, or is it that if the price falls under $4, the stock can be de-listed. (also if insufficient capital is in the coffers) Later, Madly

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