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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 24 4:00 PM EST

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To: Bill Fuller who wrote (7125)9/2/1997 10:20:00 AM
From: Robert Dee   of 13091
 
Lawyers looking for ways to extort a quick buck from a company will have to look at something other than GRNO, IMO. If they dig up a few shareholders willing to pursue the matter, they would still need to convince the court that a case for a class action exists which I, quite frankly, find problematic for several reasons, not the least of which is the apparent unwillingness of the vast majority of shareholders to bankrupt the company by joining in the litigation.

GRNO stock is not held widely enough and the company's assets are insufficient to warrant a full blown legal assault, IMO. I'm not worried. Of course, the possibility still exists, but I say the probability is very low.
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