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Microcap & Penny Stocks : OILEX (OLEX)
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To: Ditchdigger who wrote (2770)2/19/1998 3:01:00 PM
From: OFW  Read Replies (1) of 4276
 
Then when we get through with that conversion we hit another one:

SEC Filing 2/9/98
Debenture Issued 1/28/98
Face Amount $625,000
Discoount Off Face 20%
Conversion Ratio 80%
Fees to Underwriter 10% plus 2% unaccountable expense allowance

January 28, 1998 plus 45 days should be around March 14th or so.

Offie
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