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


To: Omar who wrote (2581)1/19/1998 6:21:00 PM
From: John Rowe  Respond to of 4276
 
Omar, Good to see you on the thread. As hostile as things have been here lately, you are either very courageous, or very masochistic <g>. For the benefit of those of us not soured on the prospects for this company, please let us know what you have planned to enhance the value of our holdings (and no, the reverse split doesn't qualify!). What sort of production numbers can we expect going forward? When can we anticipate profitability? The latest round of financings, while probably necessary, appear to have been completed at very unfavorable terms. Will they provide sufficient liquididty to carry OLEX until revenue stream from oil production is in place, or can we expect more? PLEASE, give us some information, conjecture, anything! Thanks, John R.



To: Omar who wrote (2581)1/19/1998 8:24:00 PM
From: Richard W Coffman  Read Replies (1) | Respond to of 4276
 
Omar, If the debunture holders have converted, at what price and how many shares did that turn out to be. Honest question. Would this also have contributed to the reverse split that will save us all. Rich C