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

To: John Brockman who wrote (8702)	2/3/1998 11:01:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 13091

John, I don't believe your questions are trivial but then again I also subscribe to the belief that when doing diligence there is no such thing as a stupid question. And all knowledgable parties would concur that more storage is necessary. However, if we were able to run this puppy at it's potential capacity it would much more feasible to run a pipeline directly from the processor to one of the nearby day storage tanks across the street at Allied Terminals. There is also a railline just on the other side of the GRNO processor fence perimeter. It would create the possibility of transfering production to a tanker car for relay to larger storage tanks. These are logistical problems that will need to be solved once more capital is available. We have to get some units built first and ramp up the manufacturing side first. And I firmly believe that any qualified petroleum/mechanical engineer can easily see that a system currently restricted to operating at 1/4 of it current capacity would operate more efficiently when operating closer to design perimeters. As for Bo O'Brien filing 144's, I would be interested in watching actual trades go through than his filings. Bo has mentioned to me this past Autumn that he would file so that he could be prepared in case of any upswing in the stock for him to raise some capital. It, however, does not mean that he has necessarily sold any. The average trading volume in this stock as of late would preclude having seen 29,000 shares being sold. In order for him to be able to sell, he much renew these filings every 90 days if he hasn't sold them earlier. Thus, this filing could possibly be an resubmission of previous filings maintaining his option to sell some shares should he choose. You would have to discuss this with him personally, but from what he has told people in the past(and is reflected by the disclosure of his holding from the last 10Q), he injected a considerable percentage of his net worth in GRNO when the company was desperate for cash a year ago. He took restricted stock and has likely had legal liabilities to pay. But because of his being scrutinized by the SEC, he also has the most at stake when it comes to getting the financing together to fulfill his contracts with GRNO. Again, I'm not being an apologist for Mr. O'Brien. However, he came through for GRNO when it needed money. What he does with his stock is his business. On the other hand, it is nice to know that people are closely following the 144 filings and watching the situation. If you would like to speak with Bo, I can provide you his number and you can speak to him yourself. Just my humble opinion. I'm not worried about it. Regards, Ron