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

To: Carl Pergler who wrote (8530)	1/20/1998 12:33:00 PM
From: Pugs	Respond to of 13091

Carl, I've always been of the belief that a bear or a short ( legal short ) will keep you clean! IMO, there has been a great deal of 'hyping' here , a newsletter, etc., and it cost alot of people alot of money. The co. itself reports on 3rd quarter revenues of $4000, I'm aware its' a R&D co., but the technology is currently not embraced by the marketplace, no customers, no revenues, and the co. itself is floundering in the pink-sheets, nobody wanting to make a Market for GRNO...Why? How can a MM make a Market with a co. that is a hard-sell. I would look at the 'hype' this co. enjoyed, the subsequent SEC halt, and that causal relationship. The SEC doesn't halt a stock for no reason! Either some are choosing to wallow in denial, or the hype machinery is gearing up for round 2. All the best! Pugs

To: Carl Pergler who wrote (8530)	1/20/1998 1:47:00 PM
From: Pugs	Read Replies (1) \| Respond to of 13091

>>>>>>Green Oasis currently has a working capital deficit of $187,000. Green Oasis is and will continue to be dependent upon other financing sources such as the proceeds of debt and equity financing and customer deposits and loans to complete production of the EnviroEconomics System and to fund other working capital requirements. Additional costs may be incurred for engineering consultants and modeling to improve the Unit for commercial success. Consequently, Green Oasis has not completed all the research for its Units, and should it be more extensive than now believed, there can be no assurance that it will be able to successfully obtain the financing to complete the Units.<<<< Admittingly, from the last 10KSB, the unit will require more engineering, remodeling, etc. to be commercially viable. Also, GRNO hasn't even completed the research on this unit, also admitted in the 10KSB. IMO, hype has taken alot of people in, only reason will get them out. Pugs