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


To: Charles A. King who wrote (9662)7/6/1998 6:07:00 AM
From: Bill Fuller  Read Replies (2) | Respond to of 13091
 
Charles

Complaint would be filed in Federal District Court having responsibility for Charleston - not where the SEC is - rather where the defendants are.

Don't forget that all the reporter would have had to do was read the June 97 10-Q to get essentially all of the information that's in the complaint. And getting the story fed to him, one way or another, is what reporting's all about - does that make it any less real?

Interesting to see these last posts - shades of the Stockholm syndrome!

Would the stockholders prefer to go on being fed fictitious information and buying up BC's shares at higher and higher prices while he keeps getting low priced options from the company to replace what's been sold? And doing 'friendly' deals with BO et. al. along the way.

What's needed now is a management team capable of bringing GRNO process and equipment to point where it is workable and salable, if possible - and telling the truth, the whole truth, and nothing but the truth in the process.

After reading 1995 story it seems clear to me that what GRNO needs now is a different management team than the present one - which has mostly proved to be ingenious in producing and publicizing fictitious sales and a constant stream of reasons why they were not responsible for anything that went wrong - and then getting into the same problems again.

BC will likely be tied up with the SEC for a year or two at least - so need to get a new team, unattached to the past and BC, to move the business forward.

Just my simple view.

Bill Fuller