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


To: Omar who wrote (2588)1/20/1998 12:00:00 PM
From: Marty Rubin  Respond to of 4276
 
Hi Omar,
Do you know how many promises this company gave me? Why should I believe you/them this time, and only this time? Even if production rises, I need yo count the mass of extra shares to find out the value of the company. And you damn know it ain't pretty.
From my experience with this company, and I don't expect it to change as long as management doesn't change, I'll believe it when I see it. I'm sorry if I take your post too lightly but I have been here long enough to think twice.
BTW- Sadam Hussein is having fun now with his game. Let's see if he takes it too far. Oil @ $35? We'll see.



To: Omar who wrote (2588)1/21/1998 12:48:00 PM
From: Marty Rubin  Read Replies (1) | Respond to of 4276
 
"production goal" What is it? Is it 500bpd? (If by Jun=1000 then cut it by half and you have 500.) Oil is what will bring up the price. At least he company is with me on this one. (Dilution is up. Way up. I guess you cannot win it both ways.) Good day to all.



To: Omar who wrote (2588)1/23/1998 7:59:00 AM
From: Ditchdigger  Respond to of 4276
 
HOUSTON--(BUSINESS WIRE)--Oct. 2, 1997--Oilex, Inc. (OTCBB:OLEX) today announced
that it has secured a $2.0 million equipment leasing facility from Tampa, Florida-based The Leasing
Center, Inc. The funds from this facility will be used to lease sixteen portable oil swabbing units from
Titan Energy Corp. (OTCBB:TANC). These units will be deployed in all four of Oilex' existing
producing oil fields. Oilex anticipates that delivery of these units will commence within the next
month and that oil production from these new units will closely follow.
*** Are these sixteen units under lease and operating? TIA..DD