OILEX (OLEX) Message Board

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Microcap & Penny Stocks : OILEX (OLEX)

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To: Ajay who wrote (2270)	1/5/1998 9:43:00 PM
From: Eric Maggard	Read Replies (1) of 4276

But the value of the company has not decreased, rather it has increased. What?? Is this some kind of new math? The value of the company measured by the market has gone down considerably. Also, has the value of the company. Read the opening and the write-up a while ago. The value of the company is in the reserves. How do we know how much is there? How do you know there might not be more shares issued? You are probably hoping that there will not be. I don't see where the reserves are being proved. Show me the oil and I might believe. Eric Note: They have been promising improving production for almost 1.5 years. Good luck

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