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Microcap & Penny Stocks : OILEX (OLEX)
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To: OFW who wrote (2677)1/29/1998 4:59:00 PM
From: Eric Maggard  Read Replies (1) of 4276
 
What gets me is that they are really not paying anything for the money. They just print some more certificates and when they are close to the authorized share limit, they could do another reverse split and start it all over again. After awhile they would have to merge with someone (TANC?) to revamp themselves as a new company to sucker some more people in. As I see it, they could have a close to unlimited supply of money, but at the expense of the small shareholder. How much have they already raised?

Eric
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