Green Oasis Environmental, Inc. (GRNO) Message Board

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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)

GRNO 0.00

Dec 5 4:00 PM EST

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To: BACRDI who wrote (4211)	4/21/1997 5:00:00 PM
From: Bob Wolff	of 13091

Not sure why this is seen as new news. This has been the situation all along. Until certain hurdles are crossed, GRNO is a questionable going concern. Saying anything else would be fraudulent/illegal, and nothing Bill C. and Co. have said (regardless of the enthusiasm spoken here) indicates otherwise. Going concern is an important issue, but in this situation such a statement is made (I believe) to fulfill regulatory/legal requirements. I suspect it has something to do with Bill C. & Co.'s integrity too. In years past I had to make similar "going concern" in audits involving companies with a lot more cash, assets and momentum than GRNO. Also, lots of OTC/BB companies hit the 'going concern' regulatory communication requirements. It's why we do our DD and determine if there is value beyond the numbers and claims. For me, GRNO has it. BTW, A "going concern" is a flag, not a nuke destroying the inherent value of a company or stock. I pay attention to flags, but I don't let them blind me to other aspects of a stock/company. And the adventure continues...

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