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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 18 4:00 PM EST
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To: DIVER who wrote (7313)9/29/1997 3:25:00 PM
From: Bruce Olsten   of 13091
 
The startup of the LP processor will be allowed by DHEC after a 15 day waiting period from the September 15 permit date. Tomorrow could possibly mark a major milestone in the emergence of GRNO from beaureaucratic limbo.

While the SEC has killed any market IE over GRNO, to say the least, it is not stopping Bill Carroway and company with proceeding with the business plan. There are many investors who are convinced that this company still has a chance to succeed. There are also those, such as DIVER and others who are highly skeptical and are not reluctant to raise the alarm when they smell something fishy. This contributes to a healthy balance.

Microcap investing is inherently risky and should be limited to a small proportion of anyone's total portfolio. I have learned that the hard way. GRNO constitutes 90% or my portfolio at this point. If I had listened to DIVER and other GRNO bears, I would have sold at least a percentage of my GRNO stake at a very nice profit! But on the other hand, I would have still retained a small stake in the company as I still agree with the hopefull GRNO bulls that there is still positive potential. Time will tell.

I am looking for the LP processor starting up as early as tomorrow! When that happens, it will be slow but steady progress toward commercial viability -- sales!
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