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Microcap & Penny Stocks : OILEX (OLEX)

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To: VANCE NEIL HIRD who wrote (932)4/17/1997 5:25:00 PM
From: Marty Rubin   of 4276
 
Subj: Re:down, down, down
Date: 4/17/97 2:18:05 PM
From: Marty

PM4:45 ET
*I called the company and there is no pr scheduled so far.
*Audit will be completed in 3-4 weeks.
*Do to weather problems(which is now improving)BPD rate is 150-300
*In about two weeks they will start a guiding tour around the US which, hopefully, will bring the price up.
*No doubt Oilex will be on NASDAQ this year.
When ask to comment on today's drop, I was told by (believe) Mr. Burditt it's just a hiccup.
Good day,
Marty

PS
I will advise you to call the company and base your own conclusions
Oilex # is (713)629-5998
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