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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Nov 12 4:00 PM EST

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To: Edward F.Fokken who wrote (6913)8/8/1997 2:54:00 AM
From: Jack Kanak   of 13091
 
SEC Form 8-K Filed 8-7-97/News

Jack Kanak

______________________________________
Form 8-K for GREEN OASIS ENVIRONMENTAL INC filed on Aug 7 1997

--------------------------------------------------------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

---------------

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report: August 6, 1997
(Date of earliest event reported)

---------------

GREEN OASIS ENVIRONMENTAL, INC.
(Exact name of registrant as specified in its charter)

FLORIDA 33-68304 57-0970282
(State or other jurisdiction of (Commission file number) (I.R.S. Employer
incorporation or organization) Identification No.)

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184 EAST BAY STREET, SUITE 302
CHARLESTON, SOUTH CAROLINA 29401
(Address of principal executive office)

(803) 722-5771
(Registrant's telephone number, including area code)

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Item 5. Other Events.

On August 6, 1997, the Registrant issued a press release
reporting that the South Carolina Department of Health and Environmental Control
("DHEC") has published a Public Notice of proposed issuance of construction
permits with respect to the application of Green Oasis Environmental Partnership
I to DHEC for permits to construct a processing unit designed to convert used
oil into diesel and residual oils. A copy of this press release is attached as
Exhibit 99 hereto.

Item 7. Financial Statements and Exhibits.

(c) Exhibits.

Exhibit 99 Press Release by Green Oasis Environmental, Inc.,
dated August 6, 1997.

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

Dated: August 6, 1997

GREEN OASIS ENVIRONMENTAL, INC.
-----------------------------------------
(Registrant)

By: /s/ William D. Carraway
-------------------------------------
William D. Carraway
President and Chief Executive Officer
(authorized to sign on behalf
of Registrant)

2

EXHIBIT INDEX

Exhibit Page
Number Description Number
------ ----------- ------
99 Press Release dated August 6, 1997 4

3

EXHIBIT 99

GREEN OASIS ENVIRONMENTAL, INC.

------------------------------------------------------------------------------
184 EAST BAY STREET
SUITE 302
CHARLESTON, SC 29401
803-722-5771
FAX - 722-5785

FOR IMMEDIATE RELEASE

August 6, 1997

Green Oasis Environmental, Inc. of Charleston, South Carolina, announced
today that the South Carolina Department of Health and Environmental Control
("DHEC") has published a Public Notice of proposed issuance of construction
permits with respect to the application of Green Oasis Environmental Partnership
I (the "Partnership") to DHEC for permits to construct a processing unit
designed to convert used oil into diesel and residual oils. The application
proposes relocation of the Partnership's existing facility to the Allied
Terminals site on Greenleaf Street in Charleston, construction of new equipment
and certain modifications of existing equipment, all as described more
particularly in the notice published by DHEC.

The proposed project is subject to review under DHEC regulations and under
certain federal regulations. In its notice, DHEC said that a determination has
been made that the proposed project can be approved provided certain conditions
are met, noting further that "the pollutant limitations and other permit
conditions are tentative and open to comment from the public."

The public comment period expires on September 2, 1997 and all comments
received prior to that date will be considered by DHEC in the formulation of
permitting decisions regarding the proposed permits.

Green Oasis Environmental, Inc. is in the business of manufacturing
distillation plants designed to produce marketable fuels from waste oils in a
closed-cycle, one-step process. It is General Partner of the Partnership.

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