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

To: Omar who wrote (1924)	12/11/1997 10:51:00 PM
From: FARRIS	Respond to of 4276

Omar, The real issue here seems not to relate to lawsuits, per se, but to Allen L. Burditt II. It sounds to me like he is running the show there. The two projects that seem to be driving the company are being run by him. Seems he owns or controls a goodly amount of the stock. If he is employed by Oilex why not say so and get it over with. The business card thing gets me, I must admit. Advisor sounds like a (your word) bull$hit title. An advisor doesn't "put together" deals for companies. Who cares if he is employed by Oilex? Why do you dance around the subject? Prior to today I barely knew a thing about this company. I do not know who Burditt is. I barely know who you are. But something is not right here -- and it is not Offie or Prudent from what I can see. I will look through your filings and see if I can answer my own question, but I would love to hear it from the horses mouth.

To: Omar who wrote (1924)	12/11/1997 11:50:00 PM
From: Yiqun Xie	Read Replies (1) \| Respond to of 4276

Omar: What percentage of royalty OLEX has for Australia property? I can not find a clear number on any of OLEX press release and SEC filing. Would you explain how OLEX income from that property relates to the total revenue (or profit) of that property. 100-300 bbl/day is said on the thread but I can not see it from company's revenue. Would you please tell me what is the production volume for each past month (or at least, each past quarter)? What is the production volume every day in December so far? Without those numbers, I can not believe that swabbers are working at all. I am a former and current OLEX shareholder. Even though I care production volume and cash flow the most at this time, I absolutely believe that the questions OFW and Prudent Investor are asking are valid and pertinent, and the issues they addressed do have material affect to the company. I do not care why they are asking those questions, I just want to see honest answers to the questions. You said that you will only answer "intelligent questions". I would like to hear from you that what kind of questions are considered "intelligent"? If some of the questions can not be answered for the benefit of comapny and shareholders, say so and explain why. Any former, current and potential future shareholders have right to answer any questions they consider pertinent. And in my opinion, questions will not knock stock price down, but answers to the questions, or the way company answers the questions, will do. Yiqun Xie

To: Omar who wrote (1924)	12/12/1997 1:14:00 AM
From: John Rowe	Read Replies (1) \| Respond to of 4276

Omar, with all due respect, I don't think anyone on this thread has the financial wherewithall to manipulate their own peepee with both hands. Don't rise to the bait! Just keep whatever information comes up flowing, and I will be happy. I do not mean to discourage anyone from posting their misgivings about this company, but I want quantifiable information to work with, if it exists. I don't really care if Mr. Burditt is the anti-christ, can he help us find oil and make money? Then welcome aboard! Now, get those folks out there in the fields pumpin', fracin', and SELLING oil...lets see some revenue! JMHO, John R.

To: Omar who wrote (1924)	12/12/1997 12:09:00 PM
From: OFW	Read Replies (1) \| Respond to of 4276

Regarding Oilex compensation to President Oliver H Timmins, III: The following are taken from the NV/10KSB filed with SEC by Oilex on August 5, 1997. During 1996, . . . another 640,000 shares of common stock were issued to the President of Oilex as compensation for personal services. During 1996 Oilex paid $52,949 for legal services to its President and Director who is an attorney. Would the company please enlighten us as to the total dollar value, at time of distribution, of the 640,000 shares distributed to Mr. Timmins? Would the company please enlighten us as to the legal basis of having the President of the company receive additional compensation for services categorized as legal representation? How can a legal representative of Oilex provide sound and credible services to the company when, in fact, that legal representative is also the President of the company to which he is providing legal services? Are there accounting records or billings on record with Oilex to reflect the legal services provided by Mr. Timmins on behalf of Oilex? Offie

To: Omar who wrote (1924)	12/13/1997 1:36:00 PM
From: marketscalper	Read Replies (1) \| Respond to of 4276

Don't beat around the bush with answers. All shareholders want, is answers to Real questions that affect their investments.. You give out information, in general, but no specifics. And our questions we have you down play.and go around them. maybe Farris is right , maybe he"s wrong with his concerns, please lets us know the real story. I"m in for the long , but have growing concerns with all time lows kg