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

To: Steve who wrote (3850)	8/16/1998 12:35:00 AM
From: GGreer	Read Replies (1) \| Respond to of 4276

Steve, You and Offie's fruitless bickering has bored me, but what has caused you to sound more like Offie in your last few posts, being critical of Oilex management now, rather than an advocate like before. Previous management always said they would get production up by purchasing swabbers and getting them active. Califtalk sings the same hymns, what has changed, other than management and the voice thereof? Califtalk has praised the dealmaking skills of Mr. Burditt and criticized his hands on management, not to mention the recent attention to the possible shuffling around of funds. Why then do you criticize one who appears to be taking an cash-based, personal interest in the company, (no small one, either) and then trying to crack the whip in the rank and file to get real value out of the known reserves of Oilex? This would benefit the investors of Oilex, Califtalk and you (assuming you still hold shares) included. Also, is this true that you and Omar are trying to start a swabbing business?

To: Steve who wrote (3850)	8/16/1998 1:40:00 AM
From: Richard L. Williams	Read Replies (1) \| Respond to of 4276

The fools were those investors who believed that a BB stock could be a long term play but of course there are exceptions and I hope Oilex becomes one but it will be long road back. Steve-- It never fails to amaze me how often you go out of your way to insult people who have made the mistake of investing in a company run by thieves. Do you want to draw fire with your incendiary remarks, or are you as stupid as your detractors draw you to be? I willing to give you the benefit of the doubt, at this point. Oilex' management made "mistakes"?!? Well, lessee...it appears as though they intentionally misrepresented production, failed to meet stated goals, formed a secret partnership into which they transferred what looked good to them (read: stole), diluted Oilex' stock with debentures, the funds from which were stolen, then formed a shell company into which they were going to roll Oilex' remains. Then when it was clear they were going to lose control of the company, they transferred everything they could to the shell. These were "mistakes"? Steve, it looks very much like malfeasance, and your defense of people who may have done this makes you look like you are in cahoots with them. How do you take the report that the Big Foot wells don't need swabbers, but will run well on pumps? Must we use swabbers to prove their effectiveness? And pennies are for short term plays only, not to be held? Where did you come up with that philosophy? If penny stock companies had no future potential, there would be no reason to invest in them. There are plenty of stocks out there under a penny to prove it. Please stop insulting me, Steve. It's bad enough I am losing my shirt here, but for you to attack me with your half-witted philosophy is more than I deserve for my ill-fated move. Rick