SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Jan 8 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Charles A. King who wrote (7117)8/31/1997 9:59:00 AM
From: Bill Fuller   of 13091
 
SEC's case

Charles

I agree with you absolutely that a functioning unit operating day-in and day-out and demonstrating continuous performance at publicized production and emission levels, would allow the 'business' to move forward no matter what the status of the SEC case.

And the partnership investors might be mightily relieved!

The SEC is certainly not preventing GRNO from 'operating' - it seems to be solely the DEHC permiting process, at the moment.

I believe that the unit's capabilities & performance have little to do with the SEC case - unless they are and have been an absolute fiction, which does not seem to be the case, so far as I can tell.

However the DEHC 'problem,' like the press release 'problem,' are things for which the responsibility rests solely in the lap of GRNO management - they did this to themselves, and to their stockholders.

And, because of the SEC case, I expect that somewhere down the road - six months or a year, if GRNO's lucky (and many $$) - most of the story will get into the public record in the form of the filing of a consent decree and a report from GRNO's independent special counsel.

At which point there is the possibility that private litigation may surface, based on whatever comes to light in the SEC case.

Perhaps some info will appear in the June 10-Q, whenever that gets filed, but that's probably wishful thinking.

Bill Fuller
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News