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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 18 4:00 PM EST
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To: DIVER who wrote (7313)9/29/1997 3:06:00 PM
From: David A. Collin   of 13091
 
Diver:

Here is a hopefully reasonable response. Mostly, your facts are facts.

In any case:

Diver: "SEC shuts down stock for a look see - stock drops from 9-10 to 2."

DAC: I pulled the weekly chart for 1 year. The stock dropped from the 9-10 area to about 5 by itself. It was at 5 when the SEC stopped trading in May.

Diver: "1) SEC has made NO announcment regarding their investigation results"

DAC: Bulls eye. Youbetcha. That's one of the main topics on this thread, and everyone wishes they would.

Diver: "2) Unit 2 doesn't exist"

DAC: You're about two thirds right with this one, maybe a bit more. As of the shareholders meeting, Unit #2 consisted of the trailer, some pipes, tanks and controlls, all being put together out by unit #1. The balance of the unit had not been ordered. The current plan (as I understand it anyhow) is to purchase the remaining components and ship them directly to the final assembly site as soon as GRNO gets an order with a ($500,000.00) deposit.

Diver: "3) Start up of unit one (according to this thread) was to start last week. "

DAC: Exactly right again.

Diver: "Has it started up?"

DAC: If it has, no one has posted it to the thread, so I don't know.

Diver: "4) Carefully observe the response to this post and you'll see how objective the hypsters are."

DAC: I hope this response comes across nore on the objective side than the hype side. In any case, I'm done.

D. Collins
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