Notice of Annual Meeting of Shareholders - May 16, 1997
To The Shareholders of Green Oasis Environmental, Inc.:
Notice is hereby given that the Annual Meeting of Shareholders of Green Oasis Environmental, Inc. (the "Company") a Florida corporation, will be held on Friday, May 16, 1997, at 1:00 p.m., local time, at the Embassy Suites Hotel, 337 Meeting Street, Charleston, South Carolina 29401 for the following purposes:
1) To elect directors to serve for the ensuing year and until their successors are elected.
2) To consider and act upon an amendment to the Company's Bylaws to eliminate the requirement that to be elected as a director of the Company, a person must receive the votes of 80% of the shares outstanding and eligible to vote.
3) To consider and act upon a proposal to approve the Company's 1997 Stock Option Plan pursuant to which options to acquire up to 500,000 shares of the Company's common stock may be granted to directors, officers, consultants and key employees.
4) To ratify the appointment of Chellis, Bryan & Associates, L.L.C. as independent auditors of the Company for the year ending December 31, 1997.
5) To transact such other business as may properly come before the meeting or any adjournment thereof.
The foregoing items of business are more fully described in the Proxy Statement accompanying this Notice.
Only shareholders of record at the close of business on April 4, 1997, are entitled to notice of and to vote at the meeting and any adjournment thereof.
All shareholders are cordially invited to attend the meeting in person. Any shareholder attending the meeting may vote in person even if such shareholder previously signed and returned a proxy.
For The Board of Directors
Mary Ann Carraway
Charleston, South Carolina
April 18, 1997
WHETHER OR NOT YOU EXPECT TO ATTEND THE MEETING, PLEASE COMPLETE, DATE AND SIGN THE ENCLOSED PROXY AND MAIL IT PROMPTLY IN THE ENCLOSED ENVELOPE IN ORDER TO ASSURE REPRESENTATION OF YOUR SHARES. |
