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


To: OFW who wrote (2677)1/29/1998 1:55:00 PM
From: FARRIS  Read Replies (1) | Respond to of 4276
 
What is even more amazing to me is that the stock is holding its price.



To: OFW who wrote (2677)1/29/1998 4:59:00 PM
From: Eric Maggard  Read Replies (1) | Respond to of 4276
 
What gets me is that they are really not paying anything for the money. They just print some more certificates and when they are close to the authorized share limit, they could do another reverse split and start it all over again. After awhile they would have to merge with someone (TANC?) to revamp themselves as a new company to sucker some more people in. As I see it, they could have a close to unlimited supply of money, but at the expense of the small shareholder. How much have they already raised?

Eric



To: OFW who wrote (2677)1/29/1998 7:09:00 PM
From: Ditchdigger  Read Replies (1) | Respond to of 4276
 
Hello Offie,it appears this company has gone from oil production to paper production. Omar still hasn't answered our questions,what about this barron guy? He ain't talk'n either? DD