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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Jan 2 4:00 PM EST

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To: Bob Brooke who wrote (8725)2/6/1998 5:23:00 PM
From: Charles A. King   of 13091
 
Bob, now you understand what government regulation has done to GRNO. I have specifically asked BC for information about the plant operations and have been told that no more information will be coming to us LPs except at the time of GRNO's quarterly reports. Due to DHEC's throttling of the plant leading to lack of meaningful data, I'm not even interested in it myself. Bill C says that the kind of information you would want is prohibited by the SEC anyway because you might be a stockholder or interested in buying GRNO stock, and what you want is "insider" information. BC isn't even allowed to release material information we want. Just two days ago, I posted a news release by LLE that contained no new information.

I would ask you what company, large or small, is deliberately screwed by government this way. You might bring up the example of Microsoft and I would vehemently disagree. You might bring up the case of the tobacco industry, and I would point out that the tobacco industry's purpose is make a profit by making large numbers of people die before their time.

I invested in GRNO because it converted a pollutant we would all like to get rid of and converted it into a product we want. Now we have both the state and federal governments working actively to drive GRNO out of business. I would agree that these governments are not faceless monoliths but are operated by people and these acts and decisions are made by real people. You might question their reasoning process but it wouldn't do any good to question GRNO.

Off topic - here is a proposed pipeline through Turkey for Caspian oil.

infoseek.com:80/Content?arn=a2909LBY450reulb-19980205&qt=turkey&col=NX&kt=A&ak=news1486

Charles
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