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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Feb 5 4:00 PM EST

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To: michael Flynn who wrote (7860)11/19/1997 6:47:00 PM
From: John Crovelli  Read Replies (1) of 13091
 
Michael, let me be the first to respond.

Held and added to my portfolio, both to my IRA and regular accounts. Never felt the technology was in question, especially with all the eye-witness reports that were too numerous to be disbelieved. The folks I've talked to always seemed to have good answers to my questions and were believable.

Also NEVER EVER felt this was some type of s c a m. The record now shows there was evidence of some bending of the truth here and there but nothing that I felt went beyond what is generally accepted practice by so many other small companies trying to get started. The situation certainly didn't warrent such drastic action as the trading halt imposed by the SEC (big time over reaction on their part in my opinion). It all seemed so situational with the GIFS case (now that WAS a real SCAM) occuring at about the same time.

I hope and believe all the dirty laundry has now been put out on the line for everyone to see. GOE has certainly paid enough for legal expertise to get to where they are now. I really resent the imposition of controls on the flow of information now in place. The openness and freeflow of company information was what attracted me to GOE in the first place. I felt as a shareholder being kept informed on even minor details was terrific and built a feeling of confidence in my investment.

Well, those days of daily updates on the little successes and failures are now gone and I don't feel that is such a good thing. Maybe someday the SEC will realize the Net has changed the way people live and the rules have to change too.

Thanks for giving me the opportunity to vent a bit.

Yep, this is getting to be fun again!

John
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