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

To: zonkie who wrote (4195)	4/12/1999 10:13:00 PM
From: Richard L. Williams	Respond to of 4276

Hi, Zonkie-- CAYC is another Burditt tool to get wealthy at other people's expense. That he's got his stock up to 12&#162 is a minor miricle, but bottom line is, the only person who wins in an Allen Burditt-run investment is Allen Burditt. So I will be staying away from CAYC, thank you very much. Rick

To: zonkie who wrote (4195)	5/5/1999 7:40:00 PM
From: CHRISTINE	Read Replies (1) \| Respond to of 4276

From: califtalk@aol.com (CALIFTALK) Subj: Recovery Date: 99-04-26 02:35:27 EDT Although Alan Burditt was not an officer of the Company, he currently owned over 5% of the Company when the events happened and was, therefore, deemed a related party for the purpose of compliance with SEC disclosure requirements. The fact is also that he controlled the activities of the company, and many people believe that Alan Burditt was the true owner of several entities that did business with the Company and that this fact, along with pertinent details about the transactions, was required to be disclosed in the Company's discussion of related party transactions in SEC filings. Even if, as the Company claims, Alan Burditt acted only as an agent in these transactions, this indirect material interest was subject to required disclosure under SEC regulations. Therefore the auditors who issued the financial statements can be held responsible as they withheld this information from the shareholders.