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Microcap & Penny Stocks : OILEX (OLEX)
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To: Steve who wrote (3739)7/23/1998 8:27:00 AM
From: Ajay  Read Replies (1) of 4276
 
"The people here and on AOL are not interested enough in Oilex to learn the facts about the current management nor the problems that they have encountered."

I think we actually have learned quite enough about current management. Enough to know that they have absolutely no idea how to run the financial side of a business.

"I would hope that the people here and on AOL would stop berating current management because they, the investors, were themselves taken in to invest in Oilex because a "chop shop" broker misrepresented Oilex stock to them without the knowledge of Oilex management"

YOu've got to be kidding! A chop shop broker caused this?? Are you out of your mind? I've been reading your posts buddy for a long time now and have kept quiet but you are a rude obnoxious SOB who should start looking at the big picture.

Which is: Current management IS the cause of the decline. The assets and oil were always there - that's what always has made this an attractive investment. BUT, when you have idiots you don't know how to run a business and screw up the capital structure of a company (bet they don't even know what a CF stmt is!) then all investors lose. The only saving grace is if Califtalk can get in there, clean house and hire some competent people to run the business - after all, that's what it is - A BUSINESS, and it should be run by businessmen.

Oh yeah, and Steve, don't bother responding to my post with insults as to how I don't know the company or don't know what I am talking about. Been there done that with this company. You just look like an idiot when you respond like that and you have no credibility so why should anyone listen to you? The tirade you had going on with SteveT was uncalled for. Show some class and then you will have some credibility.
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