OILEX (OLEX) Message Board

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Microcap & Penny Stocks : OILEX (OLEX)

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To: Prudent Investor who wrote (2732)	2/10/1998 3:26:00 PM
From: Eric Maggard	Read Replies (1) of 4276

I don't think they would show their faces around here anymore. Anybody could see how bad of shape the company is in now. Also, how bad they are hurting their investors. Down to .32x.38. They might have to do another reverse split in the next month or two the way this is going. It would be nice to know the amount of debentures that have been converted along the way. If the price gets down to .10 pretty quickly, the debentures could add another 20 - 30 million shares onto the market and maybe more. It's incredible to look at the Yahoo ticker and see the 52 week high at over 20 dollars. See you later, Eric

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