Green Oasis Environmental, Inc. (GRNO) Message Board

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

GRNO 0.00

Dec 22 4:00 PM EST

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To: Hawkmoon who wrote (8775)	2/13/1998 2:35:00 AM
From: Scott Ferguson	Read Replies (2) of 13091

<<We expect that we will be able to meet our short- and long-time term manufacturing the fabrication needs at this site."I'm no Henry Higgins, but must we endure such grammar?>> ++++++++++++++++++ I guess so. From comments I've gleaned here, apparently the lawyers are writing the press releases and my experience is that lawyers are notoriously bad writers and bad proofreaders. (And if that egregious oversimplification doesn't open me up to flaming from lawyers, I don't know what will.) I've enjoyed the Fuller/Reece debate. Both points of view are well taken. I like hearing from all sides regarding my investments. As someone who bought into the GRNO story back in early 97 and who continues to hold a substantial long position in the stock, I'm certainly not thrilled with the mistakes and stumbles made by management. However, there still appears to be no smoking gun or evidence of fraud or any other concrete evidence of manipulation by management. They screwed up with the press releases and were less than perfect in their wording and presentation of pending deals. Enough so to sic the SEC on their tails and flush our investment down the governmental drain. That seems to be the story. But, in my view, Carraway and company have not been in the business of purposely screwing us. We may end up getting screwed in the end anyway, but only because these fairly innocuous mistakes snowballed into an SEC investigation, trading halt and subsequent loss of investor confidence. To Bill Fuller: The passage whereby the company disavowed all previous statements and replaced them with the newly released statements had all the earmarks of a "cover your ass" attorney-mandated cleansing. I wouldn't read too much into that statement. They had to clear the decks and start over with newly stated info and the easiest way to do that is to give a blanket disassociation from the past statements. Looking towards the future: While selling a processor is obviously the main focus for the company to get back on its feet, what are they doing in the meantime to generate revenue? Couldn't they be selling diesel fuel from the LP processor? They could take a cue from the retail industry and offer the fuel "on sale", say, at 50% below market price just to generate interest. Sort of a loss leader. That would keep the processor running and eliminate the filling up of storage tanks problem. Plus, it would "get the word out" not to mention get their fuel into actual use where potential customers could see that the processor produces a viable end product. At least it could generate a trickle of income for GRNO and a bit more for the limited partners. Anyone know why they can't do this while pursuing processor sales? Barely Keeping The Faith >>>Scott

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