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


To: John Brockman who wrote (8752)2/10/1998 9:28:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 13091
 
<<<(use your "psychic powers")?>>>

Hey now.. let's be careful how we throw those words around....
I'm not the psychic of SI. That honor belongs to another individual... <wink>

As for Mmkrs, all I can say is that I independently confirmed through NASD that several mmkrs have submitted 15c2-11's.

No one knows what has kept them from "punching in" and re-establishing a market for GRNO, but I would suspect that they are waiting for the same thing that we all are... a signed contract with money in the bank.

As for Vortex's comments, I am not a GRNO apologist. All I know is what has been said to me by these individuals in the past. I was as disappointed as anyone was to find out that RecOil was Bo O'Brien (which I didn't find out until after the trading halt)

However, in my eyes that does not mean that O'Brien was attempting to manipulate GRNO since he apparently still has valid contracts that only await his depositing the appropriate funds. O'Brien has stated in the past, and as of the last time I spoke with him some time ago, he still remains committed to building a business around GRNO technology.

Let's be realistic here. If Microcap, O'Brien, or any other party was part of a scam, they would have been dumping all of their shares at $8-10. Bo O'Brien would not have ponied up more money in restricted stock to fund the reassembly of the processor last winter. That would have been, to be frank, very stupid in my opinion. Now he has his money locked up by the illiquidity of this stock just like the rest of us.

For that reason, if RecOil signs a deal, I will count it being just as valid as any other contract. I will especially believe any news release related to RecOil due to the extremely conservative and protective nature of the entity who acts as official "Gatekeeper" of all GRNO news.... the law firm of Rogers & Hardin.

Press releases must be approved by the legal counsel of this company, and I believe, are actually written by the lawyers. Given the scrutiny of the past year by the SEC, releasing anything less than truthful would accomplish nothing in regaining the confidence of Mmkrs and shareholders alike and would be a breach of their legal fiduciary duty.

Just my opinion.

Regards,

Ron