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

To: Eric Maggard who wrote (1864)	12/10/1997 10:48:00 AM
From: Larry Sallee	Read Replies (2) \| Respond to of 4276

Eric from your post it seems you are out of touch with what is going on and I say that with all due respectas you have been around a long time. Oilex has 16 additional swabbers on order with Tanc under a lease agreemant. I think they have bought three or four outright.The Drilling at big Foot was always was on the to do list, that is why I bought in about the same time you did. You must have dismissed all my posts( as well as the Press releases) about drilling Big Foot, Luling, Walker Queen and Revelo. The swabbing technology has and continues to be an important part of the plan.They still use the K30. The acquisitions have been with stock not debt by in large. During the time frame you and I held the stock we have gone up to over a buck and down to .18 and back up to over a buck all on nearly the same fundimentals. It is true that the new properties have not boosted the price as they have not add a lot to the profit yet. I would encourage you to go read the SEC filings both the 10KSB and the 10QSBs. I don't think there is any real question wheather Oilex is reporting or not- A short read of the posts to the thread show that the company has been responsive to the lists of questions asked on this thread. Oilex has tried to give it's stock holders as open answers as possible- now if someone dosen't like the answers-I guess that is why you sell or hold- you say you sold and went on- ok I have a different opinion and am holding. Some of us on this string that actually own stock in the Company are beginging to question the motives of the many many posts by those who say the don't any at all. Larry