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

To: CHRISTINE who wrote (3788)	7/31/1998 9:41:00 AM
From: CHRISTINE	Read Replies (1) \| Respond to of 4276

Post from AOL. A new beginning. History repeating. In 1990 - 1991, Califtalk, (Yarmak) stopped the clock and took over control and management of the BXI Trade Exchange. This was a company that since 1960 was the leader in the Barter Industry. But in 1997, the company was sold to a new owner. In the subsequent three years, that new owner almost destroyed this fine company. In fact, in 1990, the new owner filed Chapter 11, to prevent the creditors from taking over the company. Yarmak then led the creditors group in a reorganization plan, whereby they took control of the company, using the Chapter 11 format, to save and protect the company. The rest is history. Yarmak then led the company to new heights. In seven years the BXI Trade Exchange was larger and stronger than ever. It had expanded FOUR times the size from the time Yarmak took over control. In 1998 Yarmak sold his share interest in BXI. Now Oilex is under his control. He is the largest shareholder.This is the best news that any independent shareholder could ever hope for as the best possibility to save the Oilex company, and for present shareholders to recover their investment. If Yarmak feels that Chapter 11 is necessary to hold creditors at bay or to use the Federal Judges power to rescind prior transactions that benefitted insiders at the expense of the shareholders, then be certain that he knows how to do it right and to protect the company. In addition, after filing Chapter 11, when Yarmak advances the new capital investment, the money will be used for growth instead of being grabbed immediately by the old creditors. The Chapter 11 will allow Yarmak to manage the company as Debtor in Possession without pressure from the creditors, and the new capital will allow the company to become profitable, the power of the Court will be used to recover from the sweet insider deals and rescind them , then the plan to repay the creditors will proceed in an ordinary business manner. My advice to shareholders in Oilex, you have the right man at the helm to steer the ship to safety. Give him your support and confidence.

To: CHRISTINE who wrote (3788)	7/31/1998 2:52:00 PM
From: John Weber	Read Replies (1) \| Respond to of 4276

Christine Where did you get the information regarding Burditt and Cayc. As an investor in CAYC, and watching the recent freefall of the price in CAYC, one would have to assume that the collapse of CAYC's price may be the result of that rumor. Thank's for any information in advance.

To: CHRISTINE who wrote (3788)	8/5/1998 2:17:00 PM
From: Marty Rubin	Read Replies (1) \| Respond to of 4276

Thanks, Christine, for the phone numbers. The WSJ had an article about people who go after someone like Burdit to reveal their past on the SI, Yahoo!, AOL, fool.com, and ragingbull.com. For a moment I thought they are talking about Offie. At any rate, this is one e-mail where you can air your complaint "to report fraud": www.sec.gov/consumer/reachus.htm If you want to check the article, it's from yesterday, Tuesday, August 4, 1998, section C1. Good luck on everything, Marty