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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Nov 26 4:00 PM EST

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To: Martin Savitska who wrote (9360)5/12/1998 9:46:00 AM
From: Charles A. King  Read Replies (1) of 13091
 
From the quarterly of June 30, 1997, almost a year ago, it can be seen that while most of Bill Carraway's GRNO equity is in options, his family still holds a large stake in common stock. BC has every incentive to make this company work and, in the process, make us whole.

sec.gov

Name and Address of Percent
Title of Class Beneficial Owner Amount of Class
- -------------- ---------------- ------ --------
<S> <C> <C> <C>
Common Stock William D. Carraway(2) 676,0003(3) 9.6%
President & Director

Mary Ann A. Carraway(2) 1,080,000(4) 16.6%
Director

Brian D. Carraway(2) 400,000 6.2%

(2) The address of the shareholder is c/o Green Oasis Environmental, Inc.,
184 E. Bay Street, Suite 302, Charleston, South Carolina 29401.

(3) Includes 80,000 shares issuable upon exercise of an option granted by
the Company in May, 1994, 448,000 shares issuable upon the exercise of an
option granted by the Company in August, 1996, 20,000 shares issuable upon the
exercise of an option granted by the Company in September, 1996 and 48,000
shares issuable upon the exercise of an option granted by the Company in
January, 1997.

28

(4) Includes 20,000 shares issuable upon exercise of an option granted by
the Company in May 1994, 5,000 shares issuable upon exercise of an option
granted by the Company in March, 1996, and 5,000 shares issuable upon
exercise of an option granted by the Company in September, 1996.

(6) Includes 20,000 shares issuable upon exercise of an option granted by the
Company in May, 1994, 5,000 shares issuable upon exercise of an option
granted by the Company in March, 1996 and 5,000 shares issuable upon
exercise of an option granted by the Company in September, 1996.

Since March 21, 1996, the date that the Company's common stock commenced
trading on the NASDAQ OTC Bulletin Board, Mr. Carraway has sold 223,383 shares
of the Company's common stock at prices ranging from $1.75 to $7.75 per share,
and at a weighted average price per share of $4.18 and Mrs. Carraway has sold
209,000 shares of the Company's common stock at prices ranging from $1.314 to
$7.812 per share, and at a weighted average price per share of $2.98.

- ------------------------

Charles
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