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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Nov 14 4:00 PM EST

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To: John Crovelli who wrote (8392)1/7/1998 9:52:00 PM
From: Charles A. King  Read Replies (1) of 13091
 
I think we need a sale to get things moving, including getting on the bulletin board. I think there has been enough time for the process to work but with the stock in the toilet thanks to the SEC and no orders, there is very little volume for the 2 or 3 market makers trading it now. Maybe a regular BB market maker will start trading on its own which will put GRNO back on the BB, but I'm not holding my breath for that. On the other hand, I am more than antsy to see an order come in.

GRNO is just a little operation, not building any units at all. June 30 is the deadline to get units installed in the USA to qualify for the Section 29 tax credits. GRNO can build and install just a few units at a time, and if these domestic customers don't wise up and get work started, they will mismanage themselves out of a lot of long term profit. It's possible that FOREIGN customers will enter orders and fill the manufacturing pipeline before the domestic ones do.

Charles
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