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


To: OFW who wrote (2037)12/17/1997 2:36:00 PM
From: FARRIS  Respond to of 4276
 
Offie,
I was only referring to this post when I referred to them telling me the filings were accurate to date.

To: Omar (1962 )
From: FARRIS Monday, Dec 15 1997 4:12PM EST
Reply # of 2037

Omar,
Pissing contest aside...

Could you, in your own words, lay out the book value of OLEX?

Could you verify that the authorized shares are and will remain at 50 million?

Could you tell me how many are issued as of today?

And could you tell me of any planned financing vehicles for the near future, if any?

Also, are there any actions planned for the stock in the near (1 year) future? (Splits of any kind)

Thank you.
Eric Farris

Easy questions to answer and fair, in my humble opinion. When questions like these go unanswered, it makes one think that perhaps many shares have been issued, that the float is larger, that they might be looking at increasing the authorized, etc.



To: OFW who wrote (2037)12/17/1997 3:49:00 PM
From: ROY SENDELE  Read Replies (2) | Respond to of 4276
 
I think if they were going to answer those questions they would have by now. Call them on the phone and post. At this point none of them are relavent to a .05 cent stock. This is a penny play now. There will be alot of roll the dice people that are buying and will double there money. Millions of shares are trading. This will go to .125 as sure as the sun comes up. The game is in play, join in. Let the oil flow for awhile, get daily production up and let the price rise. The motive was to get the price down to these levels and for certain people to get in low. It worked. The hand was played perfect, on this side of the thread or on OLEX's side, my opinion, roy