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


To: CHRISTINE who wrote (3661)7/2/1998 5:21:00 PM
From: CHRISTINE  Read Replies (1) | Respond to of 4276
 
Schedule 13D

This Schedule discloses beneficial ownership of certain registered
equity securities. Any person or group of persons who acquire a
beneficial ownership of more than 5% of a class of registered equity
securities of certain issuers must file a Schedule 13D reporting such
acquisition together with certain other information within ten days
after such acquisition. Moreover, any material changes in the facts set
forth in the Schedule generally precipitates a duty to promptly file an
amendment on Schedule 13D.
The Commission's rules define the term "beneficial owner" to be any
person who directly or indirectly shares voting power or investment
power (the power to sell the security).
Interpretive Responsibility:
Division of Corporation Finance - Office of Tender Offers

Christine



To: CHRISTINE who wrote (3661)7/2/1998 6:11:00 PM
From: Steven Taylor  Read Replies (1) | Respond to of 4276
 
Thanks for the reply Christine. The person is very open as to what they are doing. Wonder if OLEX will respond to his request. Has anyone been able to determine his motives for this amount of purchase.

SteveT