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Microcap & Penny Stocks : OILEX (OLEX)

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To: CHRISTINE who wrote (4188)3/8/1999 6:52:00 AM
From: Richard L. Williams  Read Replies (1) of 4276
 
Christine--
Yarmak has publicly stated that he will not operate Oilex as a company again. His sole interest now is to recover the debenture funds that were taken by Burditt.

I have been told that Oilex was never set up to produce oil. The whole company was a chimera to lure in investors and and take their money. Well, it worked, but can we expect Saul to change the entire structure of the shell?

Oilex: An expensive lesson learned at the hands of a master scam artist.

We can join Saul in the court case or walk away. Those are the two choices I see based on the information I have.

Take care--

Rick
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