Green Oasis Environmental, Inc. (GRNO) Message Board

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

GRNO 0.00

Dec 24 4:00 PM EST

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To: Bob Rach who wrote (3430)	3/24/1997 2:28:00 PM
From: DIVER	of 13091

Bob, You may have noticed by now that a valid questions such as yours is met with a response such as #3433. I purchased my GRNO in 1993 when is was private and sold it recently near its peak. I would ask the name of the insurance company, the policy type, and even request a copy of the actual policy. Pure and simple good due diligence. The main issue with GRNO has not changed since its origination and my involvement back in 1993. The company has an obligation to its shareholders to provide the following information: Per volume of 1 gallon of waste oil, what percentage is converted to #2 diesel? (this is the critical question. Since 1993, the unit would create diesel - the question is what quantity. The quality has already been proven to my satisfaction back in 1994 when I had a sample analyzed by Southwest Research Company in Texas - grade A #2 - with a slightly high concentration of sulfur) A truly independent entity needs to answer the quantity question. The second critial question is the per hour volume - is it 400 gal processed per hour? Who can independantly verify this information? Finally, what ever happened to the Approved Oil Services (press release May 1, 1996) contract? According to that press release, delivery of a unit was to take place late March early April. I personally researched the April 30, 1996 GRNO press release announcing financing of several units to Specialty Recovery Systems. The press release also stated that the Brazilian Development Bank was investing 1 million dollars into the GRNO project. None of the information in the release came to pass. These are not insignificant issues. TXDIVER

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