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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Nov 25 4:00 PM EST

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To: Martin Savitska who wrote (9376)5/14/1998 5:58:00 PM
From: Bill Fuller  Read Replies (1) of 13091
 
Marty

Thanks for the kind words.

I certainly don't know what the reality of this situation is.

In the four years since I first heard what GRNO promised there has been a lot of smoke, but they still haven't been able to deliver. Yet, like you, I remain ever hopeful/interested.

As re looking in the eye - would your investment in GRNO been different if BC'd told you that he (and family) intended to sell $1 millon+ of stock as soon as he could find buyers?

Somewhat earlier I calculated that in doing so the C family essentially recouped ALL of their investment in GRNO, and more - leaving them in the enviable position of having NO downside (except the SEC and the law, as we see now) and a significant upside, based on their remaining holdings and substantial options.

Most other public shareholders would like to be in the same position.

Personally I prefer investments where the principals stand to lose, as well as gain - so that the operators and the investors have mutual goals - gain, don't lose.

But that's my own view.

Bill Fuller
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