Green Oasis Environmental, Inc. (GRNO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

GRNO 0.00

Nov 5 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Charles A. King who wrote (9423)	5/21/1998 6:59:00 AM
From: Charles A. King	Read Replies (1) of 13091

I have been reading articles from the Charleston paper's archive. One is dated July 16, 1995, and presents GRNO's history to that point, including it's problem with DHEC's Richardson. The article concludes, Carraway has acknowledged that the technology requires ''some fine-tuning at this point to finish the R&D. Everything's like a year to 18 months behind.'' Still, the two sources and others said the company's technology is fundamentally sound and holds much promise - despite the mechanical shortcomings. ''I honestly believe in what they're doing,'' the second source said. ''They're near the end of the race. ... I'm still upbeat about it.'' So is Jeff Antisdel, chief executive officer of Nevada Energy. His company has tentatively agreed to trade $4 million in equipment for some preferred stock in Green Oasis. The ''co-generation'' equipment would harness heat from the recycling units and convert it into usable energy. He said Carraway is ''tenacious, and I like that in a manager.'' ''We think this is a very interesting technology,'' Antisdel added. ''If everything we've looked at and read about is true, then this is a breakthrough technology. That's the way we're looking at this deal.'' Whether Green Oasis ever does break through remains up in the air. It won't happen in South Carolina, though, according to Carraway. If he is successful in obtaining fresh backing he plans to move the company. He won't say where. ''Who cares?'' Carraway asked somewhat bitterly. ''I'll take it to a state that's looking to employ people.'' Charles

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next