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Microcap & Penny Stocks : OILEX (OLEX)
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To: OFW who wrote (2045)12/17/1997 4:28:00 PM
From: Marty Rubin  Read Replies (2) of 4276
 
Hi Offie,
*As a person who plans to pick around helf of what Baron picked today,
can you please express your real concern about the company?
*I DON'T appricate giving away the 500K to Allen Jones. The way I see
it is that is was clearly made bacase of the low stock price. I don't
know why he likes him that much. BTW- When AJ got out of Oilex, and
then latter of ISSM, he said he will sell his ISSM's stake and hold on
to OLEX's.
As I said before, WHAT THE COMPANY NEEDS IS OIL. Adding Allen Jones
will only increase the dilution--nothing more.(it aint a consolting
firm yet. From oil to pr is a long mile) This is why I ask whether
the company has any personal agenda/friendships with Allen Jones.
About NASD's plan to kick out non-reporting co.s: The WSJ reported on
Monday (Most likely: Section C1) that NASD in concernd and prepared to handle the companies who
choose to stay on BB by filling false SEC statments. We may not see
justice in BBs too soon. The company should prepare itself to get out
of this BB and meen it.
Good day,
Marty

PS
You may infer from my prev. post that I put the blame on you
(for manip. the stock). This is very far from the truth.
Volume today: Close to 6M shares. I'm not excited. I only
calculate a small fraction as "real" volume.
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