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Microcap & Penny Stocks : OILEX (OLEX)

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To: Steve who wrote (2903)3/7/1998 5:12:00 PM
From: Richard L. Williams  Read Replies (2) of 4276
 
Don't you know anything about the procedures for reporting flow rates? Ever hear of the Railroad Commission??

No, Steve, I don't...but thank you for educating me.

Oilex has been promising flow rates for several weeks. Now I understand that the evil Railroad Commission has been holding up the works, and keeping our beloved Oilex from trumpeting its triumph to the world. Thank you, Steve! Now I can sleep well, and will write checks on my credit cards to buy more Oilex on Monday!

As far as the debentures being purchased and not converted, I have two questions: First, what is the source of your information; and Two, to what do you attribute Oilex' steep decline in stock price in the past weeks, if not due to debenture conversion and sales?

BTW, it's nice to get a fresh face on this thread, welcome aboard! If you think I am negative about Oilex, well, I am the most hopeful person here, so that should tell you a little of the mood of the folks here.

Happy hunting!
Rick
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