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

To: OFW who wrote (3183)	4/1/1998 5:16:00 PM
From: OFW	Read Replies (1) \| Respond to of 4276

OILEX FILES SEC 10K NOTIFYING OF LATE FILING The following is the full text of the 10K filed today with the SEC: ***************************************************** TYPE: NT 10-K SEQUENCE: 1 NOTIFICATION OF LATE FILING SEC File Number 0-28686 X Form 10-KSB _________________________________________________________________ Nothing in this Form Shall be construed to imply that the Commission has verified any information contained herein. If the notification relates to a portion of the filing checked above, identify this item(s) to which the notificationrelates: Part I - Registrant Information Full Name of Registrant: OILEX, INC. Former Name If Applicable: N/A Address of Principal Executive Office (Street and Number) 3050 Post Oak Blvd., Suite 1760 City, State and Zip Code: Houston, Texas 77056 Part II - Rules 12b25 (b) and (c) If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate). (a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonableeffort or expense; (b) The subject annual report or semi-annual report/portion thereof will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report/portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and (c) The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable. Part III - Narrative State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q or N-SAR or portion thereof, could not be filed within the prescribed time period. The Registrant is still immersed in accounting procedures due to recent acquisitions which have resulted in unavoidable delays. Part IV - Other Information (1) Name and telephone number of person to contact in regard to this notification Warren J. Soloski 310-477-9742 (2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) been filed? If answer is no, identify report(s). Yes (3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? No If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results can not be made. OILEX, INC. has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized. Date: April 1, 1998 By: /s/ Oliver Timmins III, President INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative's authority to sign on behalf of the registrant shall be filed withthe form. ATTENTION Intentional misstatement or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001). 1. This Form is required by Rule 12b-25 (17 CRF 240.12b-25) of the General Rules and Regulations under the Securities Exchange Act of 1934. 2. One signed original and four conformed copies of this Form and amendments thereto must be completed and filed with the Securities and Exchange Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the General Rules and Regulations under the Act. The information contained in or filed with the Form will be made a matter of the public record in the Commissionfiles. 3. A manually signed copy of the form and amendments thereto shall be filed with each national securities exchange on which any class of securities of the registrant is registered. 4. Amendments to the notifications must also be filed on Form 12b-25 but need not restate information that has been correctly furnished. The Form shall be clearly identified as an amended notification. ***************************************************** Why doesn't this surprise me? Offie