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

To: Steven Taylor who wrote (3832)	8/9/1998 11:45:00 PM
From: Richard Rodgers	Respond to of 4276

TO All: If there is a class action suite, I can put the details on my web site. If there is an attorney's name etc. or people they need to contact I can also post that. Yours truly, Richard Rodgers Jolly Rodgers Hot Stocks www.jstocks.com rrodgers@oklahoma.net

To: Steven Taylor who wrote (3832)	8/11/1998 1:07:00 AM
From: CHRISTINE	Respond to of 4276

From AOL: Shareholders sharing their thoughts. Subj: Re: Recovery Date: 8/9/98 12:57:43 PM Pacific Daylight Time From: Pete123q To: Stkg1 It could be that the shorter was Allen Burditt selling off his shares in Oilex. He received in effect shares for nothing in the millions and then pumped the stock while he dumped in a very gentle down slope.Pulling in millions. Then he played the debenture game getting in effect easy cash which he looted from the company for his "lavish" life style. This easy debenture cash cost as follows; allowance of 20% cash discount to the investor, 12 % cash commission and cost allowance to the investment broker, and finally a 20% discount when the debentures converted to shares and so when the 52% dilution of cash and stock was incurred when the debenture holders converted, he had already received all that Oilex could produce and was on his way to Caye Chapel the new shell act in town. (Oilex produced easy and quick cash and shares to be sold for big bucks so Burditt and Timmins had their eyes on the big money not producing with swabbers to earn an honest dollar with hard work over a lenthy period of time) Then califtalk as the curtain was falling on the last act as planned by Burditt and Timmins, purchased Oilex shares at the bottom of the market and became the controlling shareholder, so the opportunity arose for Burditt and Timmins to make one final grab, they issued 2 1/2 million shares for past services.The buying of shares by califtalk had raised the share price to 30 cents. And Burditt and Timmins group tried for one final grab that could be worth $750,000 dollars to satisfy their greedy eyes. When Timmins and Clark, the Oilex directors, backed off covering for Burditt at the special directors meeting in July 1998 and rescinded the 2 1/2 share deal after confronting Yarmak and the change of events started to unfold. Now the rebuilding starts- Now the asset recovery starts- Now Oilex will survive- Now justice will prevail.