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


To: Steve who wrote (4028)9/9/1998 6:11:00 PM
From: edward shapiro  Respond to of 4276
 
I just want to know what they are about. When did they start? Why did they start? What are they for? Basic questions like that. Why would Saul not fight them?



To: Steve who wrote (4028)9/10/1998 4:01:00 PM
From: OFW  Read Replies (1) | Respond to of 4276
 
NEVADA COURT ISSUES PRELIMINARY INJUNCTION

DISTRICT COURT
CLARK COUNTY, NEVADA

Case No. A392526
Dept No. IV
Docket C

OILEX, INC., a Nevada Corporation;
SAUL YARMAK, a Nevada resident,
in his capacity as President of OILEX, INC.,
and on his own behalf as a shareholder of
OILEX, INC.
Plaintiffs,

vs.

ALLEN L. BURDITT II; ROBIN FREDERICK,
a/k/a ROBIN FREDERICK BURDITT;
CAYE CHAPEL, INC., a Nevada corporation;
WAIANAE, S.A. (Costa Rica corp); C.L.
BURKE; WILLIE DAVIS; OMAR AHMAD;
BT ENERGY, a Texas partnership,
OLIVER H. TIMMINS III; CYNTHIA C.
TIMMINS; INTERWEST TRANSFER CO.,
INC.; JOHN G. CRAIG; CHRISTOPHER
BURKE; PHOENIX RESERVES, INC.;
PHOENIX RESERVES, LTD,; CHURCHILL
RESOURCES, INC.; M. PATTON HOLDINGS,
LTD.; B.T. ENERGY GROUP, INC.; and
DOES I through X inclusive.
Defendants

PRELIMINARY INJUNCTION

Date of Hearing: 9/10/98
Time of Hearing: 9:30 a.m.

The Motion of the Plaintiffs for a Preliminary Injunction having come regularly before the Court on September 10, 1998, and the Court having examined the said Motion and its supporting Points and Authorities and Affidavit, and having heard the arguments of counsel and the testimony of Mr. Yarmak, and the Court being satisfied that if the Preliminary Injunction does not issue that irreparable harm will result to the Plaintiffs, namely that the Defendants will sell to third parties stock in Oilex, Inc. which does not rightfully belong to Defendants, which sale will irreparably damage the financial ability of the corporation to survive, and it appearing that the Plaintiffs have given notice to the Defendants of the pendency of this motion, and good cause appearing, it is hereby

ORDERED that the Defendant Interwest Transfer Co. is restrained from transferring any stock of Oilex, Inc. owned by any of the Defendants, unless otherwise ordered by this Court. It is further

ORDERED that the $100 cash bond previously posted by the Plaintiffs for the issuance of the Temporary Restraining Order shall also serve as Plaintiffs' bond.

DATED this 10th day of September, 1998.

/s/
DISTRICT COURT JUDGE