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Microcap & Penny Stocks : OILEX (OLEX) -- Ignore unavailable to you. Want to Upgrade?


To: John Rowe who wrote (4221)7/29/1999 10:35:00 AM
From: Richard L. Williams  Respond to of 4276
 
Aww, John, wet kisses to you, too!

But, hey, the reality is, another 5k bought today, and the bid is up to 3&#162. We may never be made whole, but if things go wild...you never know.

Remember two things: Oilex DOES have oil assets. They are simply too expensive to develop at current prices or lower. If oil goes to $45, then our stock will have GREAT value!

Too, a lot of what we were fed about the company came from Saul, who was trying to enlist our aid in his ill-starred lawsuit. What is the reality? I do not expect to hear it from Yarmak.

Yarmak only owns 35% of the company, unless he sold some. There is room here for another takeover, if somebody with the bucks wants what Oilex has.

All idle speculation. How about that HTSF!

Cheers!
Rick