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


To: Steve who wrote (3918)8/30/1998 10:30:00 PM
From: CHRISTINE  Read Replies (1) | Respond to of 4276
 
Busy night! Subject: Poetic Justice From AOL
Date: Sun, Aug 30, 1998 22:12 EDT
From: Win Vegas

Burditt takes assets from Oilex to purchase luxury items and puts title in off shore
corporations and Saul recovers the assets for the oilex shareholders as the items
are ownerless. No one and least of all Burditt wants to claim the assets and open up
an IRS investigation as Burditt forget to claim or report income subject to USA taxes
when these luxury items were acquired with assets moved from Oilex to
Phoenix Resources to the seller. MY my and how do you handle it when
Burditt's cry baby called Steve Hales objects. Steve does not want the assets to
be returned to the correct party. But Burditt never showed any sources of income
to maintain this lavish lifestyle other than what he and Timmins were able to steal
from the shareholders of Oilex. And Saul and the SEC and the Texas Securities Board
have access to the bank account records and to the names and files of witnesses,
and to the testimony of involved people that want to make "deals" to spill the beans
in exchange for a soft probation and full restitution. When the game is over all the
protection falls away and leaves the criminal bare at the end. But Steve Hales wants
to stay loyal right to the bitter end. Hey Steve Hales the deceit is over. It will not work
any more. It is time to save your hide.



To: Steve who wrote (3918)8/30/1998 11:01:00 PM
From: Steven Taylor  Read Replies (1) | Respond to of 4276
 
So, Steve. You are a salesman. Not surprised. Dealt with your type before. Just how good is the swabbing business. Selling a bunch of them. Sounds as though they are more of a maintenance problem than pump jacks. Downtime is very unproductive when producing a well. Just thought I would let you know. You probably think that the US would be energy independent if everyone used swabbing units. Saul did a smart thing by putting the wells on pump jacks.

Saul may not be an oil man. But he is a businessman. What you don't know, you hire the best to do. I know several people who know nothing of Geology or engineering but run very successful oil companies because of the people they have working for them.

You pitch these swabbing units too much and defend them too much to not get a cut from somewhere. Tell me, how many have they sold since production began. I seem to remember you stating on the CAYC thread that they were about to receive thirty of these swabbing units. Where are they?

Yes Steve, it is time for you to sit on the sidelines. Your credibility is zero and you are only humiliating yourself.