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

To: Hawkmoon who wrote (9389)	5/15/1998 7:06:00 PM
From: Bill Fuller	Read Replies (1) \| Respond to of 13091

<The 144 filings are out there somewhere if folks want to look for them.> Come on Ron... If they were out there you would have already posted the links to them - all 400,000+ shares. From the June, 1997 10-QSB "Since March 21, 1996, the date that the Company's common stock commenced trading on the NASDAQ OTC Bulletin Board, Mr. Carraway has sold 223,383 shares of the Company's common stock at prices ranging from $1.75 to $7.75 per share, and at a weighted average price per share of $4.18 and Mrs. Carraway has sold 209,000 shares of the Company's common stock at prices ranging from $1.314 to $7.812 per share, and at a weighted average price per share of $2.98." I don't doubt that "...BC mentioned that many of his and his wife's stock sales occurred in the summer/fall of 96." but since the stock didn't get into the $7 range until early 1997, obviously some shares were sold in that year - well after the fall of 1996 - and given BC's average price I'd guess that quite a lot were sold in 1997. Had Forms 3, 4 and 13-D been filed for GRNO's officers, directors and 5%+ shareholders we'd know what the facts are - but they weren't - so for now we can just speculate. Unless you have seen such filings and can post a link. And how many of the other original private shareholders were involved in issuing public reports of 'sales', when such sales were apparently shams? And touting the glorious future of GRNO and the potential to be realized by buying shares now! And as for taking 12 months to make the case - what do you think the nearly $200,000 of GRNO funds (as of last September - nearly 9 months ago) spent for officers and directors legal expenses has funded? When you're spending that much money in defense, it's not because the other party doesn't have a case. Being an officer of a public company - and particularly the CEO, not to mention being a 5%+ shareholder - brings certain responsibilities and obligations with it. Not conning your shareholders is one of them. Whether BC did or not remains to be seen, but there are a lot of facts now available which can allow one to draw their own conclusion. Although, as is obvious, not everyone may reach the same conclusion. Bill Fuller