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Microcap & Penny Stocks : OILEX (OLEX)

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To: Steve who wrote (3382)6/5/1998 7:34:00 PM
From: John Rowe  Read Replies (1) of 4276
 
Steve, I know I'll probably regret this, but let me assume that you are on the level, and really believe in the future of Oilex. Why then, if oil production is proceding apace, and assets are worth a fortune, is this stock price down to pre-reverse-split level of LESS THAN ONE CENT! I'm not saying that this company is a scam, but where are the revenues? What is happening to all the cash produced from the massive dilutions of thew last 6 months? It's getting extremely difficult to see how this outfit could ever make any money. Flame away if you must, but I would really prefer facts and figures. John R.
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