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

To: Edward F.Fokken who wrote (9564)	6/17/1998 1:22:00 PM
From: Charles A. King	Read Replies (1) \| Respond to of 13091

Ed, they are just playing the percentages. Dow goes 2%, GRNO goes 50%. Charles

To: Edward F.Fokken who wrote (9564)	6/17/1998 2:05:00 PM
From: Charles A. King	Read Replies (1) \| Respond to of 13091

"I can't believe I still hold the highest hopes for this company." It is hard to believe, isn't it? Your statement stuck with me, Ed. In spite all the unplanned assaults on GRNO, Bill keeps plugging away for GRNO. No order ever appeared from AMBIX as we expected, nor did any other order that seemed so promising. We still have 3 foreign prospective customers, but we know how that goes. I definitely expect an order from Manova, and I hope that serves as an example for others. But GRNO needs more orders than just one. The Korean deal is just a Model 400 and who knows how long that could take to result in an order. The Venezuelan deal involves lab investigations which could lead nowhere and is even more uncertain than the Korean thing. GRNO is taking on more of the equity in the plant as LPs convert to restricted stock. But at these ridiculous stock prices, these conversions result in eventual stock dilution. GRNO is out of money. But even in spite of everything, Bill refuses to dilute the stock any more than the LP conversions force him to. All it will take is orders, first just one, then a trickle, then eventually GRNO problems will be solved, one way or another. I think there is method to the madness, and I still believe it will turn out OK in the end. Charles