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


To: Bill Fuller who wrote (9364)5/13/1998 7:33:00 AM
From: Hawkmoon  Read Replies (1) | Respond to of 13091
 
Bill, All things are possible, but the question is whether it is likely.

It has been 12 months and we still don't have any complaints filed. Seems to me that this investigation wasn't as clearcut as the authorities first thought.

But we already have evidence of legal malfeasance on the part of Mr. Anderson, GRNO's former corporate counsel. And something tells me his actions may now possibly be the focal point of this investigation.

FYI, Mr. Andersen resigned from his law firm last September and the last I heard he was closing mortgages as a real estate lawyer. Certainly a far cry from being a partner at a 75 member law firm.

And his actions make the law firm liable for any possible legal action by BC and GRNO.

Ahh.. but forgive me, for I do nothing more than spreadeth rumours and soweth unwarranted hope amongst my listless fellow shareholders....

What I should have said was... Que Sera, Sera....

Regards,

Ron



To: Bill Fuller who wrote (9364)5/13/1998 9:50:00 AM
From: Martin Savitska  Read Replies (1) | Respond to of 13091
 
Bill,
Sounds like what you are stating is that the SEC could
fine/sanction funds from the Carraways and put them back
into the Company's till. In most cases where fraud is
involved, the company is a sham and is being shutdown.
Grabbing what it can and giving back to the shareholders
would be appropriate by the SEC. IMHO, GRNO is not such
a case. Why? Mainly because I've been on site and have
walked through the machinery several times. Both while
it was running and not. Secondly, since this whole
investigation started, BC has worked hard at correcting
past discretions. At least from all current public info
given this is the case.

I would hope that if there are sanctions brought out by the
SEC, they would not be to an extent that would jeopardize
the continued existence of the company.

Regards, Marty