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Microcap & Penny Stocks : OILEX (OLEX)
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To: Eric Maggard who wrote (731)1/22/1997 10:59:00 AM
From: Nanlin Chiang   of 4276
 
To all, just made some phone calls:

Mr. Allen Burditt is, at this moment, in NY right now. According to the secretary, one of the company that he is talking to is Jenson & Meyer for possible investment in the company. He will be back on Friday.

Also called Mr. Tom Goolsby. He is not in the office because he is accompanying Mr. Burditt to three meetings in NY today. The secretary refuse to indicate the nature of the meeting, but did say that one of the PR firm's mission is to get investment money for OLEX.

So, I guess it is very likely that OLEX is in the process of trying to get more money from investment companies. Given that Mr. Burditt had stated the optimism with two of these companies during the conversation I had with him on Monday, I am guessing that something interesting may be developing.

Comments?

Nanlin
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