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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 22 4:00 PM EST

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To: Hawkmoon who wrote (7174)9/14/1997 1:45:00 PM
From: Charles A. King   of 13091
 
Ron, I agree with you and I am especially interested in the GIFS story. I don't think we have seen the last chapter of that.

We dropped what we were doing and converged on GRNO last May for the stockholders meeting, coming from as far away as Hawaii. The meeting was subdued, but the stockholders were supportive of management. Contrast that with the investigation of GIFS. All those who were in Atlanta had to do to check the viability of GIFS was to see whether there were any Motorsports stores being built there. And leading up to the Tennessee takeover of the GIFS offices, the GIFS story was nothing like GRNO's. There was a tremendous amount of bizarre controversy that caused me to follow it with amazement. And yet despite all of the warnings, claims, and counterclaims, nobody felt it necessary to check on the Motorsports construction sites.

We GRNO investors have some things to look forward to. We just aren't sure what the time table is. We LPs expect to hear that the unit has begun to operate in Charleston, although whether it will be at the design level or not is an entirely different story. Why does DEHC, an agency whose purpose is to defend the environment, want to impede the processing of a pollutant?

I am especially interested in seeing GRNO's updating of the news releases. I'm sure there are developments taking place all the time, but GRNO no longer feels safe in telling us what is going on. Contrast that with the activities on other threads where the basic values of the companies are to be seriously questioned. Contrast that with the GIFS thread before the State of Tennessee shut GIFS down.
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