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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO) -- Ignore unavailable to you. Want to Upgrade?

To: Bruce A. Thompson who wrote (10771)	9/11/1999 3:28:00 PM
From: Hawkmoon	Respond to of 13091

Bruce, I think GRNO shareholders should realize that they ARE the market. The belief amongst myself and other shareholders I've discussed the matter with, is that every trade that took place over the past year or more only took place when there were equivalent buyers and sellers. The mmkr only acted as the intermediary between exchanging shares between the buyer/sell, charging a nifty 100%+ commission on the spread. This means the MMkrs have NO INVENTORY. We have it. And that means that mmkrs will trade this stock only if they have a reasonable expectation that they won't be left holding the bag and assuming the risk of holding this stock. That means that it will take willing sellers (or people just in need of the cash) setting their price at a level where mmkrs beleive they can then turn around and sell to someone else at a higher price. The alternative is that the mmkrs will accumulate buy orders from the public (knock on wood) and then try to find a price level themselves where they feel they can create an active market. This will be a interesting case study to observe, as I've never watched a essentially "dead" stock trying to come back to life. I'm curious to see where the initial price point is set, where sellers, mmkrs, and buyers all come to a measure of agreement. But just one thing I want to add here. Anyone who believes that GRNO will suddenly be able to pop itself up on the OTCBB as soon as the Kwikpower deal is penned are fooling themselves. Taking the traditional route, this company will require complete audited financials for the past two years and will have to enlist a mmkr to complete a 15c2-11 application, WHICH MUST BE APPROVED BY REGULATORS. Does anyone think regulatory authorities will be doing cartwheels and handstands to assist this company to trade again?? Completing these financials and achieving approval could take months and hundreds of thousands of dollars for lawyers and accounting fees. This is just my personal opinion, but reflects my thinking about what this company faces. Make up your own minds and your own decisions. Regards, Ron