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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Jan 2 4:00 PM EST

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To: Hawkmoon who wrote (8727)2/10/1998 7:08:00 PM
From: The Vortex   of 13091
 
Ron Reece:

You sound like an apologist for Green Oasis. GRNO and BC got themselves into serious trouble by misleading stockholders with phony and half-true press releases. They also have a history of disputes with cutomers, machines that dont work, ect...For these reasons, I think that any customer would and should exercise extreme caution before they buy a processor.

With regard to the press releases last spring, I remember speaking with Spencer Maus and Bo O'Brien about RecOil. I was trying to get in touch with RecOil so I could do research on what kind of company they are and if the sale was for real. Spencer and Bo refused to give me information on RecOil! They refused to tell me the phone number, where they were located, or anything about them. No doubt it was because they didnt want to let the cat out of the bag. I spent hours on the phone with regional operators trying to locate RecOil, with no success.

I believe RecOil is a company set up by Bo and possibly others in a scheme to artificially simulate processor sales. The other companies-Research Fuels, ect... perform a similar function. Since they seem to be primarily funded by GRNO stock sales, I seriously doubt they will ever be able to pay for a processor. Further, this misleading behavior tarnishes GRNO's reputation.

The point I am making is that any customer will want extraordinary evidence that GRNO has cleaned up its act before they buy a processor. Mere confirmation that the basic physics is sound and that the most recent diesel test results are OK will not satisfy anyone. Based on GRNO's past history of being less than fully truthful, it is preposterous to expect a customer to trust GRNO without proof that the processor can run properly for long periods without problems.

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