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Microcap & Penny Stocks : OILEX (OLEX)

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To: Eric Maggard who wrote (877)3/6/1997 5:14:00 PM
From: DAVID C   of 4276
 
I like the news. It's too bad they had to issue so many shares. They'll have to really generate $$$ from all these wells to really pop the price up. I have confidence that they will do this. They certainly are gearing up to maximize their production. Think we'll see some revenue soon from their existing wells. May take some time for them to be an efficient company with all their recent acquisitions. All in all , i like the direction they are headed. Who knows, after things settle down they could buy back more shares.
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