Hi guys, Old blue eyes would have been proud of our Chairman of the Board. If all this is true, we will be getting ONE "HECK" OF A PRESS RELEASE. Now the latest post from AOL is that Omar is being let go. (See below) Just got home, called the TA, and Oilex, both were closed for the day. Events are moving so quickly , lets hope the price follows.
Christine
From AOL
Eight- Omar is being let go by the new Oilex and his excuses for Burditt's actions in running OLEX down hill is all over. Confirmed by a call to Houston.
Getting the 2,550,000 shares rescinded is step one. Good work Califtalk.Stay the course.
Now the remaining restricted shares issued by Oilex directors to Burditt or his other alias, companies or names, should also be rescinded. The shares were issued with no consideration. This is step 2. The statue of limitations for fraud is usually 3 years.
And step 3 is tracing how much of the cash raised by the debentures has been siphoned off by Burditt. And remember Burditt was not a officer or director or employee of Oilex and yet he controlled the daily affairs of Oilex. The cash was not spent to benefit company shareholders and the company directors of the old Oilex can not identify or explain to Califtalk where the cash was spent. The paper trail will now give answers in a short time interval. Justice will be done. |