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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Nov 6 4:00 PM EST

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To: Charles A. King who wrote (10012)10/29/1998 5:56:00 AM
From: Bill Fuller   of 13091
 
Charles

Something Bill could do to make matters clear and defend his name and reputation would be to cause GRNO to file the 10-Q and 10-K reports, with appropriate financial statements (they could probably be unaudited for the 10-K given GRNO's situation) and disclosure, which have not been filed since the 9/97 10-Q - at which time Bill had advanced $62,000 to GRNO. This would certainly substantiate the amount of financial support he has provided to keep GRNO alive.

From 9/97 10-QSB
"The Company loaned the Chief Executive Officer ("CEO") $186,000 during the second quarter of 1997. During the third quarter of 1997, the CEO repaid the amount loaned to him in full and loaned the Company $62,000. Such amount remains outstanding at September 30, 1997. In addition, during the second and third quarters of 1997 the Company has paid $184,000 in legal fees for its CEO and other directors. The legal fees are related to the SEC investigation."

The lack of currently filed 10-Q's and K's is also probably a substantial impediment to any marketmaker beginning trading, or making a market, in GRNO.

Bill Fuller
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