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

To: bdog who wrote (8328)	12/29/1997 6:00:00 PM
From: Jack Kanak	Read Replies (1) \| Respond to of 13091

This news release pertains to Evans Systems, a company that was beginning to have interest in GRNO' units last Spring before the SEC started looking for an easy way to try to draw attention away from some of their then most recent major gaffs(e.g.., GIFS). Looks like EVSI is opening doors to any possible ways of restructuring their company and products. Probably unrelated to GRNO in what they do, but because of past history I thought I'd post it. Jack Kanak ________________ Monday December 29, 12:31 pm Eastern Time Company Press Release SOURCE: Dresner Corporate Services Evans Systems, Inc. Hires Investment Banker BAY CITY, Texas, Dec. 29, /PRNewswire/ -- Evans Systems, Inc. (Nasdaq: EVSI - news) today announced that it has engaged Dresner Investment Services, Chicago, IL, to provide investment banking services for the company. Dresner Investments, one of the largest Chicago based investment banking firms, will make recommendations with respect to strategic and financial options available to the company, including recapitalization, sales, mergers, acquisitions, and joint venture opportunities. Mr. J.L. Evans, Sr., President and CEO stated, ''The primary goal of Dresner Investment Services is to assist the company in realizing and capitalizing on the business segment providing the greatest opportunity for profitability and growth. They will assist us in implementing our immediate and five year strategies. We have told Dresner Investments that everything is on the table and we are looking for the core business for the new Evans Systems. There is no one business segment that is considered sacred or untouchable.'' Evans Systems, Inc.'s four key business segments include: Convenience Stores, a chain of retail outlets in South Texas and Louisiana; Petroleum Marketing, a distributor of petroleum products; ChemWay Systems, Inc. which produces, packages, and markets automotive after-market chemical products as well as reclaims and supplies low and high pressure refrigerants; and EDCO Environmental Systems, which provides environmental remediation services. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created hereby. Investors are cautioned that all forward-looking statements contained herein are reasonable, and assumptions could be inaccurate, and therefore, there can be no assurance that forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved. SOURCE: Dresner Corporate Services