What isn't a misrepresentation,is the fact that this company has failed to file updated finacials.When was the last audited 10K filed by this company?(Aug.5,1997-yearend 1996?)
OILEX INC /NV/ NT 10-K
Filing Date: 4/1/98
TYPE: NT 10-K
SEQUENCE: 1
NOTIFICATION OF LATE FILING
SEC File Number
0-28686
X Form 10-KSB
_________________________________________________________________
Nothing in this Form Shall be construed to imply that the
Commission has verified any information contained herein.
If the notification relates to a portion of the filing
checked above, identify this item(s) to which the notification
relates:
Part I - Registrant Information
Full Name of Registrant: OILEX, INC.
Former Name If Applicable: N/A
Address of Principal Executive Office (Street and Number)
3050 Post Oak Blvd., Suite 1760
City, State and Zip Code: Houston, Texas 77056
Part II - Rules 12b25 (b) and (c)
If the subject report could not be filed without
unreasonable effort or expense and the registrant seeks relief
pursuant to Rule 12b-25(b), the following should be completed.
(Check box if appropriate).
(a) The reasons described in reasonable detail in Part
III of this form could not be eliminated without unreasonable
effort or expense;
(b) The subject annual report or semi-annual
report/portion thereof will be filed on or before the fifteenth
calendar day following the prescribed due date; or the subject
quarterly report/portion thereof will be filed on or before the
fifth calendar day following the prescribed due date; and
Why has the company violated the 15th day rule?
(c) The accountant's statement or other exhibit
required by Rule 12b-25(c) has been attached if applicable.
Part III - Narrative
State below in reasonable detail the reasons why the
Form 10-K, 11-K, 10-Q or N-SAR or portion thereof, could not be
filed within the prescribed time period.
The Registrant is still immersed in accounting procedures due
to recent acquisitions which have resulted in unavoidable delays.
When were these acquistions completed in the fiscal year 1997?
Why should any talks with Caye effect the 1997 filing?
Part IV - Other Information
(1) Name and telephone number of person to contact in
regard to this notification
Warren J. Soloski 310-477-9742
(2) Have all other periodic reports required under Section
13 or 15(d) of the Securities Exchange Act of 1934 or Section 30
of the Investment Company Act of 1940 during the preceding 12
months (or for such shorter period that the registrant was
required to file such reports) been filed? If answer is no,
identify report(s). Yes
(3) Is it anticipated that any significant change in
results of operations from the corresponding period for the last
fiscal year will be reflected by the earnings statements to be
included in the subject report or portion thereof? No
If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the
reasons why a reasonable estimate of the results can not be made.
OILEX, INC. has caused this notification to be signed on its
behalf by the undersigned thereunto duly authorized.
Date: April 1, 1998 By: /s/ Oliver Timmins III, President
INSTRUCTION: The form may be signed by an executive officer
of the registrant or by any other duly authorized representative.
The name and title of the person signing the form shall be typed
or printed beneath the signature. If the statement is signed on
behalf of the registrant by an authorized representative (other
than an executive officer), evidence of the representative's
authority to sign on behalf of the registrant shall be filed with
the form.
ATTENTION
Intentional misstatement or omissions of fact constitute
Federal Criminal Violations (See 18 U.S.C. 1001).
1. This Form is required by Rule 12b-25 (17 CRF
240.12b-25) of the General Rules and Regulations under the
Securities Exchange Act of 1934.
2. One signed original and four conformed copies of this
Form and amendments thereto must be completed and filed with the
Securities and Exchange Commission, Washington, D.C. 20549, in
accordance with Rule 0-3 of the General Rules and Regulations
under the Act. The information contained in or filed with the
Form will be made a matter of the public record in the Commission
files.
3. A manually signed copy of the form and amendments
thereto shall be filed with each national securities exchange on
which any class of securities of the registrant is registered.
4. Amendments to the notifications must also be filed on
Form 12b-25 but need not restate information that has been
correctly furnished. The Form shall be clearly identified as an
amended notification.
One last question,who has dumped 2M plus 144 shares on the market in the last year?(123,750 @0.15 reprorted 4/98. Note another 144 filing reported 5/20,but I can't access) DD
PS: where is the 10Q for the first quarter? Where is the 10Q/nt filing? What is the company hiding? |
