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Microcap & Penny Stocks : OILEX (OLEX)

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To: baron-marney who wrote (2060)12/18/1997 11:23:00 PM
From: Richard L. Williams  Read Replies (1) of 4276
 
We have decided that our posts will be of an informative basis and will deal with current activities and management's development of this junior oil company. WE WILL NOT RESOPND OR PANDER TO WHAT WE BELIEVE TO BE PERSONAL AGENDAS AND EGOS.

OK, Baron---
I am a stockholder. My only agenda at this point is to figure what the heck is going on with my investment in Oilex, and my ego is not involved here.

The sinking feeling I get when I watch the value of my Oilex holding decline day by day by 5%, 9% or 23% a day is matched by my frustration in watching you stonewall every legitimate question about the operations/compensation plans of Oilex, which we own a part of.

First, to what do you ascribe the meteoric fall of this stock, despite the wonderful news coming out of Bigfoot and Australia? The way it is shaping up to me is ugly, I don't even want to put my fears in writing here.

You are a PR firm...certainly you can understand how the lack of information is even more fearful than bad news. The human imagination can form the darkest ideas in the void of ignorance.

I am not too interested in every issue that has been raised here. But I would like to know if Oilex knows the reason behind the fall of its stock, and if it does, would it be willing to share that information with us.

I'd say Oilex needs to put some oil out to still the waters.

Thank you,
Richard Williams
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