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


To: Marty Rubin who wrote (4123)11/25/1998 11:42:00 PM
From: CHRISTINE  Read Replies (1) | Respond to of 4276
 
Subj: Ask Omar about sales in CAYC ( from califtalk )

From: califtalk@aol.com (CALIFTALK)

Ask Omar about sales of a large block of shares of Caye Chapel recently !!
Ask Omar how he and Allan Burditt have
benefited each other regarding the transactions in Caye Chapel !!

If Omar is Participating in benefits then it would connect the two of them and make them both responsible for the consequences
of false and misleading news reports
that were issued and released to tout the
stock and create a market for the shares
to be sold to the unknowing foolish investors.

Beginning with the week ending July 31,1998
when the trading volume of Caye Chapel hit
1,562,800 shares ( Burditt controlled shares being sold to raise cash after his removal from
Oilex) (the highest volume in its history) and the market price of the shares fell from a close of 14 cents to a close of 8 cents
and then in the following weeks to a price
as low as 3 cents. (when this sham shell) company first started trading as of Feb 3,1998 the prices started at 5 1/4, this was at the time when the churning was started by Burditt and / or Burditt controlled companies.