Mesaba,
No... If you remember the long winded discussion we had last spring between ourselves and Diver, I made it a point at the shareholder's meeting to verify the information from the Jaimie Lynch Brazilian deal. I, and one other shareholder were in the GRNO office and both viewed the documents.
As for recent potential clients, I have seen no hard information (ie: The Turks), other than that there have been faxed commmunications between GRNO and Manova. My comments related to documentation stems from last May after the trading halt.
I try to do my DD and I don't just soft-pedal my questions with Bill Carraway when I take the time from my schedule to make a personal visit to Charleston. That's why I still hold my stock and have continuing hopes for significant progress in 1998 that will (hopefully) restore shareholder and market confidence in the company.
Btw, I phoned NASD's OTC compliance office today on another matter. They have received a number of 15c2-11 applications from mmkrs to resume BB trading in GRNO. The gentleman would not elaborate who the mmkrs were. He also stated that they currently have a backlog of applications on other stocks that may be delaying prompt action on GRNO. Again, he would not speculate or elaborate further.
Mesaba, nothing I have seen would qualify as insider information since I viewed the documents AFTER they were publically announced. Bill, at the time, openly invited people to verify the communications.
That is why I feel more comfortable that, while BC may have been exhuberant in making annoucements, there was an amount of substance behind the press releases. Even RecOil, which was the most dubious of announcements, apparently continues to get its financing in order so that O'Brien can lock in his contract for up to 3 units.
Regards,
Ron |
