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

To: Steve who wrote (3865)	8/17/1998 10:57:00 PM
From: John Rowe	Respond to of 4276

Steve, Relax. These guys can look out for themselves, judging by the broke-ass shell of a company we shareholders have left, pretty da@m well! If anything this man is saying is libelous (I gotta admit, his "candor" is surprising), he will have to answer for it in court, as it appears that is where we are heading. This fiasco has all the makings of a TV miniseries. Now, all we need is an ending...Part V: Califtalk , White Knight or Carpetbagger. God help us all! John

To: Steve who wrote (3865)	8/17/1998 11:36:00 PM
From: CHRISTINE	Respond to of 4276

Give me a break Steve, what about Burditt & timmins FLEECING OF Oilex. You seem to always look the other way when it comes to Timmins & Burditt's involvement. Why is that? Your constant pushing of the swabbing units seems to add merit to Ajay's comment to you regarding your involvement with Omar in starting a company to market the swabbing units. That question to you still has not been answered. Just for the record maybe you should! This quote was posted by Omar on the CAYC THREAD YOU STARTED. "I think CAYC is an excellent investment ( in my opinion)" What about the Acquisition of the 50 swabbing units? I believe they will only start production with the money up-front. So far that hasn't happened. You already sound like a good salesman. You must be learning from the best. For your information Steve FLEECING:TO STRIP OF MONEY OR PROPERTY BY FRAUD OR EXTORTION, TO CHARGE EXCESSIVELY FOR GOODS OR SERVICES. Christine

To: Steve who wrote (3865)	8/17/1998 11:47:00 PM
From: CHRISTINE	Read Replies (1) \| Respond to of 4276

Subject: Reply for Steve who is directly connected to the Old managers Date: Mon, Aug 17, 1998 22:17 EDT From: CALIFTALK To: CHRISTINE (3860 ) From: Steve Monday, Aug 17 1998 8:29PM ET Reply # of 3865 Saul continues to dig a deeper hole for himself. He now has enough invented creditors to file chapter 11 which was his original intent. I told you that at the beginning. He is throwing around wild charges and is not too well disguising what he is after, the 800,000 shares of PWRX held by Churchill. His mouth is watering, he wants those shares folks but the problem is that there is no legal way he can get them. My scenario is that he files Chapter 11 and goes after those shares. If he can convince the bankruptcy judge that the only deep pocket in this whole affair is Churchill and that there is a connection between Churchill and Oilex he may have a chance. But first he has to throw around these charges and hope something sticks so he can make his case to grab those shares. This is just so much cover for what he is after: liquidation of Oilex through a gradual sell-off of assets and stock buy backs at depressed prices. He's going private folks, read the tea leaves and weep. ANSWER- Churchill was previously called Phoenix Resources. And the CONNECTION is Plain and Simple- the money that funded Phoenix Resources came from illegal sales of Oilex shares while Phoenix was an affiliate (holding 10% or more of the outstanding shares of Oilex) and that the sales were made from a broker in Canada to hide and avoid the 13 D Reports and the SEC reporting requirements. That Oliver Timmins or Cynthia Timmins or their relatives Craig and Burke that were involved with Phoenix Resources will sooner or later testify and confirm the facts. The Oilex Bank account records clearly indicate that (Burditt) Phoenix Resources transferred most of the Debenture cash directly from the Chase Texas Bank accounts of OIlex to Phoenix Resources(now called Churchill) That Phoenix Resources or the related Burditt companies such as M. Patten Holdings and BT Energy took assets or pieces of assets away from the shareholders of Oilex that rightfully belonged to Oilex, without notice or disclosure of the insider dealings. We will prevail and recover assets that rightfully belong to the shareholders of Oilex from all of the hidden companies controlled by Timmins and Burditt. The Judge in the Bankruptcy Court has the legal power to bring Justice and reverse all insider deals. Thank G-d that the evidence is clear and direct to enforce the rights of the shareholders and bring forth Justice.