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

To: Charles A. King who wrote (8164)	12/9/1997 8:40:00 AM
From: Charles A. King	Respond to of 13091

The parent board of the NASDAQ is considering removing half of the stocks on the bulletin board and making them trade on the pink sheets. The following is an exerpt. But since April, Frank Zarb, chairman of the National Association of Securities Dealers, Nasdaq's parent, has been trying to find a way to clean up the loosely regulated OTC Bulletin Board, which is run by Nasdaq but which has almost no standards for the companies that list there. Now, board members of Nasdaq's parent organization are expected to tentatively approve a proposal to kick companies off the OTC Bulletin Board if they don't file financial statements to SEC, banking or insurance regulators, according to people familiar with the proposal. Now we see the value of GRNO being a reporting company. I hope that swings some weight with the OTC compliance people. This is on the Online WSJ. I'll send a copy by email to those who ask. Charles