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Microcap & Penny Stocks : CAYC - CAYE CHAPEL INC -- Ignore unavailable to you. Want to Upgrade?

To: OFW who wrote (36)	6/4/1998 1:17:00 PM
From: jamess	Respond to of 56

hey offie glad to see you are still around trying to tell people the truth about oilex. to bad some people you have to hit in the head with a baseball bat and they still dont get it. keep up the good work alot of us really apprecaite it. where are the financials????? maybe steve knows ha ha james

To: OFW who wrote (36)	6/6/1998 10:27:00 AM
From: Steve	Read Replies (2) \| Respond to of 56

Here is what Offie thinks he has. Great Plains settled an outstanding issue with the TRRC earlier this year for violations concerning 10 wells for $26,000. There are 7 other violations concerning 21 other wells. These violations concern the fact that they had no production for 1 year. Great Plains had financial problems hence the deal with Caye. Total fines won't total more than $100,000. This is not a big issue and is not material to the recently completed deal. There are two faces to the TRRC. One face is advesarial the other cooperative. GPI and Caye are negotiating the settlement with TRRC. Further violations are unlikely since GPI now has the financial backing of Caye Chapel.