OILEX (OLEX) Message Board

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Microcap & Penny Stocks : OILEX (OLEX)

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To: Marty Rubin who wrote (3508)	6/17/1998 2:51:00 PM
From: Steve	Read Replies (1) of 4276

>>Please don't! It can go to .001, too. << Your evidence of this? >>I don't see the future of this company the way it's run right now. Mngt. is f#*^ed up badly. << Your evidence of this. Especially when Oilex is producing on average about 250 to 300 barrels a day. >>He still thinks he knows how to run the company. It might be an ego problem who knows.<< Who is He?? If you are referring to Alan Burditt then you forget that his cash infusion has helped the company pay its bills as it ramped up production. >>Just the spread would be 10%. Plus you add all the shares (at the rate) that is being pumped<< Your evidence of shares being pumped? Shares have increased because of debenture conversion. Have you read all the 8Ks? Obviously you haven't for they are the only source of new shares. Oilex is effectively self-financing now. --huge risk. I wouldn't put more than $200, or 0.5-1%of a portfolio.<< If you ain't got the balls get out of the game. Better yet why don't you just go away.

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