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

To: Ditchdigger who wrote (2228)1/3/1998 11:28:00 AM
From: Eric Maggard  Read Replies (1) | Respond to of 4276
 
DD,

The only problem with the increasing of the authorized share count is that the managment and insiders hold more than half of the O/S and so they would not need to send out a proxy. IMO. I didn't get to vote on the increase in authorized shares when they raised it to 50M.

FWIW,
Eric


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