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Microcap & Penny Stocks : OILEX (OLEX)
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To: Steve who wrote (3893)8/29/1998 12:51:00 AM
From: CHRISTINE  Read Replies (1) of 4276
 
From AOL. Subject: And now we find out who Steve represents and why he has an axe to grind
Date: Fri, Aug 28, 1998 16:01 EDT

Steve wants ORS (PWRX) to sell swabbers.
As he gets a piece of the action as part of his deal (together with Omar)
when he can arrange for ORS to sell swabbers.

In the last 18 months the swabbers have not been a winner for Oilex or ORS.
In fact the partnership between ORS ( then called Titan now called PWRX)
was cancelled by ORS. They agreed to put three swabbers in the Revilo oil
field in exchange for payment from a share of the production. It failed to be of any
value to ORS as the production did not cover expenses, maintainence and
cash payment to ORS. IN fact ORS has been forced to make improvements
and is now up to generation number 5 for the latest model. And there are very
few takers wanting to invest $125,000 for a unit that can not be maintained
in the hot, dirty working field conditions. This is an experiment that has not
proven to be of real substance and able to work and produce profits.

----------------------------------------------------------------------
Subject: Re: And now we find out who Steve represents and why he has an axe to grind
Date: Fri, Aug 28, 1998 21:22 EDT

It is obvious that Steve Hales was used by Burditt and Omar. And they took him
big time in Caye Chapel. Now he is trying to protect Burditt and Omar hoping
to get some compensation or payment on the promises that he relied on.
In fact since he opened the Caye Chapel page on SI and filled it with lies
and false statements and continued to protect Burditt and Omar, HE IS GUILTY.

Steve Hales you had best ask investors to forgive you for leading them down the
path to terrible losses.And you had best testify who instructed you to post the
lies and false statements on the SI pages.
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