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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 8 4:00 PM EST
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To: BACRDI who wrote (4212)4/20/1997 11:49:00 PM
From: Hawkmoon   of 13091
 
Ron,

*IMO, I guess all the sales were azpparently a way to keep these little stocholders holding on.*

You certainly have a right to your opinion, but it needs to be placed in perspective. IMO, you show less experience in analyzing stock than your posts would imply.

Any "Joe Average" who understands the vagaries of playing/investing in BB stocks recognizes the oft repeated phrase, "There is doubt the that company will continue as a going concern".

This is required by almost all accountant firms who deal with development companies. GRNO is no different and requires the standard legal venacular. Look around at some other BB companies that actually report their financials.(not many around)

Almost everyone of the current blue chip stocks out there once incorporated those feared words within their 10Q/K's.

And regarding the orders for units and contracts. I certainly know that Research Fuels exists. I'm also sure that RecOil is lingering in the wings. I know that the Turks are very interested.

Frankly Ron, nothing I say will convince you. What you need to do is call the company and voice your concerns to Investor relations.

It was already common knowledge that some of these orders were for delivery later in 1997. The customer's were lining up in order to secure their place in line. They certainly had no expectation of getting one in the same month as the announcement.

Let's be realistic here. Just because customer's are queuing in line does not mean that you have to call Bill Carraway a liar. That is what you are basically calling him, isn't it??

I take it you don't mind eating a little crow once in a while??

Regards,

Ron

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