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


To: John Hensley who wrote (11770)8/7/2001 4:27:03 PM
From: sfh  Respond to of 13091
 
(sort of off-topic) classic case of "we mess up, you pay". had to pay a real estate lawyer extra when they messed up on closing (this was buried in fine print). when i cooperated w/ another govt. agency years ago on terms that i would be notified if a problem were found with an investment, found out only after business closed down and i was out virtually all $ (and agency did not notify me - i read about it in the news). freedom of information is more like "we are free to give you the information if we want to" - ugh! still curious as to 3000 gph - is that hound still sniffing around charleston?
:-)



To: John Hensley who wrote (11770)8/7/2001 6:58:53 PM
From: Charles A. King  Respond to of 13091
 
I find all this quite interesting since the primary basis for
stopping trading was because of false press releases (which
were apparently approved by GRNO's lawyer) and the
machine didn't even work (and this is apparently highly
doubtful if we believe the latest developments).

While I am sure the data collected by the government is quite extensive, I don't think any of us would spend the money required to possess it. As a substitute, I suggest you read past posts right here on SI. The following is an excerpt.

What conclusion would any rational person draw from these
circumstances, except that Bill knows that the processor will not work
as promised? Filtration equipment has been deliberately torn out of the
system and has not been replaced by anything, leading to the question
of whether or not a working processor would even be able to make
saleable fuel.

Message 12701586

It might be of some interest to see what has been going on behind the scenes, but I prefer to use the information that has already been provided free. In fact, the next post was addressed to you.

Also I have learned that the original fuel oil filtering system (fuller's
earth) never has worked properly (always failed at flow rates above
about 175 gph) and has been removed. I have had several
explanations given to me about the consequence for fuel quality, some
of them contradictory, so I am unwilling to speculate. The real solution
is hydrogenation instead of filters, a process with the added benefit of
removing most of the sulfur, so the product can be sold as #1 diesel
fuel. Cost to buy and install: about $250K.

Message 13038603

In short, it depends on what you define as "working". Yes, it functioned, but not as it should have. Without seeing the government's case, I can only speculate why we have seen no profits from the previous 2 years of high petroleum prices, based on posts on SI. There may be other interesting posts on the plant's operation, these are just two that come to mind.



To: John Hensley who wrote (11770)8/7/2001 7:14:23 PM
From: NW_Trader  Respond to of 13091
 
Hi John,

If you've been at this for a while, this may not be news, however as one who has fought the FOIA battles, I'd suggest the following. First review the agency's rules for FOIA implementation (should be in the CFRs) or request a copy of them. Then focus and summarize what you're interested in (lots of billable hours can go into a search of records just to see if something exists). Finally, if you can identify a public benefit reason for your request, ask that the fees be waived in the public interest (often is done for not for profit requesters - i.e., not newspapers). Use the agency's regulations and cite them in your request. The first hurdle in any FOIA request is invoking the magic verbiage that requires action by the agency - realize that there is an established procedure and time frame that the agency must follow when FOIA is invoked. However certain matters are privileged under the act and if what you are looking for falls within one of those reasons (or appears to), you'll get denied. There is an appeal procedure (not expensive, but often futile) as well as recourse to court (expensive and sometimes futile). Internal agency advice and deliberations and matters protected by the Privacy Act are routinely denied. Good luck.

Peace and Justice --- Patrick