Green Oasis Environmental, Inc. (GRNO) Message Board

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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)

GRNO 0.00

Nov 13 4:00 PM EST

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To: Carl Pergler who wrote (8530)	1/20/1998 1:47:00 PM
From: Pugs	Read Replies (1) of 13091

>>>>>>Green Oasis currently has a working capital deficit of $187,000. Green Oasis is and will continue to be dependent upon other financing sources such as the proceeds of debt and equity financing and customer deposits and loans to complete production of the EnviroEconomics System and to fund other working capital requirements. Additional costs may be incurred for engineering consultants and modeling to improve the Unit for commercial success. Consequently, Green Oasis has not completed all the research for its Units, and should it be more extensive than now believed, there can be no assurance that it will be able to successfully obtain the financing to complete the Units.<<<< Admittingly, from the last 10KSB, the unit will require more engineering, remodeling, etc. to be commercially viable. Also, GRNO hasn't even completed the research on this unit, also admitted in the 10KSB. IMO, hype has taken alot of people in, only reason will get them out. Pugs

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