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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 5 4:00 PM EST

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To: Charles A. King who wrote (10086)11/8/1998 11:08:00 AM
From: Zeev Hed   of 13091
 
Charles, you may be absolutely right, but as the public statements of the company stands right now, we do not know. My opinion is that BC should publish the exact conversion conditions, if he does not, the stock may remained "floored" because of the uncertainty and the possibility that it is floorless. Just make it clear. One PM even suggested that the conversion is one for one (namely one share of common for one share of preferred), if it is so, it is a fantastic deal, since it value current common s at at least a buck. But I cannot rely on PM's information nor should you and any one considering adding to their position here. We need the facts, and if we do not want a repeat of last year's fiasco, these facts should come out and soon.

Zeev
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