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


To: FARRIS who wrote (1889)12/11/1997 3:20:00 PM
From: OFW  Respond to of 4276
 
Anyone have knowledge of these individuals or entities?

Amco Resources, Inc.
Bristol Operating Co., Inc.
Burditt Company, Inc.
Carancahua Resources, Inc.
Chartwell Holdings, Ltd., Inc.
Monogram Designs
Newco Group International
Newco Group International, Inc.
Standard Drilling Co., Inc.
Tatum Rostabounts, Inc.
Wellington Funding Corporation

Alexander, Thomas P.
Alexander, Thomas P., Jr.
Barringer, Frank D.
Grille, Ralph H., Jr.
Hochevar, Gene A.
O'Quinn, John M.
Peeper, Alfred
Riebschlager, Gary M.
Walker, Ted A.

**********

Offie



To: FARRIS who wrote (1889)12/11/1997 4:57:00 PM
From: Omar  Read Replies (7) | Respond to of 4276
 
Dear Farris,

On behalf of the share holders of Oilex, In the Last 2 days you Farris, Prudent AKA Russell Smith and Offie AKA Steve Norris, Have proven to management especially with reply # 1889 that it has been and is your intention with malicious forethought to destroy share holder value. Management will be providing your latest reply # 1889 wherein it appears that you have threatened over the internet publically to manipulate the price of Oilex Inc Shares downward to the detriment of all shareholders to the appropriate regulatory agencies.

With all of the internet postings as well as other documents available ,we believe your actions to date have established atleast an attempt of potential manipulation of the share price of Oilex Inc which started months ago when the share price was approx. .80 cents through today when the bid price hit 8 cents.

Management knows of no reason for the drastic decline of the per share trading price of Oilex inc stock other than the continued and unjustified negative assault using the inter net by youself, Prudent and Offie. These unjustified attacks stand in stark contrast with the very positive news of Oilex Inc. The latest being news released at 2:33 pm est today on all the wire services coinciding with your latest attack at 2:51pm est.

Signed,
Mangement of Oilex



To: FARRIS who wrote (1889)12/11/1997 5:17:00 PM
From: baron-marney  Read Replies (2) | Respond to of 4276
 
To All,

Speaking as a shareholder of Oilex we take great offense to someone WHO threatens the company with stock manipulation unless they and their cohorts take the Company that we have a significant investment in from it's focus of increasing the value of said company. When party "A" threatens to manipulate a market of which we are involved for parties "B","C",et all...

"...MAY WELL DROP THE SHARE PRICE A PENNY OR TWO IF THEY
DO NOT GET THOSE ANSWERS SHORTLY."

We say, "WALK SOFTLY"

They may feel safe from their bastion but those they purport to represent are put at great risk by these actions.

We respect prudent investor and ofw for their opinions, we do not have to agree with them or their reasons for their actions and motives. We suggest that they distance themselves from individuals who threaten a publicly traded market on their behalf. This is not a threat or any attempt at intimidation as both of you seem to be very intelligent individuals. Correction, "...are intelligent individuals."

We will not supply "...those answers shortly." and will not be part of any corporate intimidation by an individual or group. We will to the best of our abilities keep investors aware of pertinent information as it becomes available. We repeat "WALK SOFTLY."

Thanks The Baron



To: FARRIS who wrote (1889)12/11/1997 5:43:00 PM
From: straight life  Read Replies (1) | Respond to of 4276
 
off topic- I notice you're in Korea; what's the mood there, they going for the bailout? (I'm talking about the man in the street) Will there be riots in the streets? Remember- "may you live in interesting times" is a Chinese curse!