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


To: CHRISTINE who wrote (3879)8/25/1998 1:18:00 PM
From: John Rowe  Respond to of 4276
 
Dear Christine, Good to see someone is shining a little light on some of these dealings, but what about Oilex? If Mr. Yarmak is chasing down assets, and company officers and "consultants" are trying to cover their posteriors, who is running the business? Is there any production? Any indentifiable assets? Any chance of us suckers, er shareholders, ever seeing any return on our investments? Siccing the SEC on Burditt, et al may make us feel better, but getting some of my hard-earned cash back would make me feel MUCH better!! Thanks for keeping us informed. John R.



To: CHRISTINE who wrote (3879)8/25/1998 9:57:00 PM
From: Marty Rubin  Read Replies (1) | Respond to of 4276
 
Christine,
I think what John R. is saying (prev. post, #3880) is the main reason more investors don't come forward. I'm no longer in Oilex and don't expect to get any money back. Most of the assets, as I understand, will go back to the new (Yarmak's) Oilex. What will satisfy me the most is get Mr. Burditt, Timmins and the rest of the crap in jail and have them bared from the security business for life. I want to see him suffer badly. I know he ain't having any sleep, but I want to make sure it lasts for as long as possible. If we don't stop this guy, he will come back (CAYC...) to hunt the little investor.
You may contact Gery Weiss of Business Week (I don't have his e-mail with me but you're likely to find it at BW's Web site businessweek.com) if you need some more help. He likes those stories and may give that monster free publicity.
See you,
Marty