"Pretending that there was a problem" = Share price shows steady growth because the reality of the situation over shadows the "problem"

Pretending that there isn't a problem = a bunch of hype and a share price that can not sustain itself.

IMO of course

thank you.....thank you very much. Can't wait to hear the spin on that one

What was the share structure the day they bought the shares from Carraway. Before they decided to bump up the number and issue themselves a boatload of shares

exactly right. GRNO is and was a public company never sold. Did any of the shareholders agree to a sale? Were they paid for their shares? Where is the letter to the shareholders informing them of the sale? Only thing Margiotta bought was Carraways shares thats it. He got controlling interest in the company although as I understand it there was 53 million more shares out there at the time he sold his pile so I really don't understand how any of this has transpired or how it can be completely legit. Matter of Fact at last count Margiotta had 30 million shares of the half billion autherized, seems like some shareholder letters and vote ballets should be out there somewhere. IMO of course

But is it in the form of a pr or a news release? IR is a paid stock promoter ie : Taylor Capitol, Inc./TheStockAlerts.com and haven't we heard things like "Under this agreement, infrastructure has been made available to CCP located in North Eastern Texas in order to set up equipment and process slop oil 12 months out of the year" in july of last year? Has this plant processed anything to date or how about "Green Oasis Environmental Inc. on Target to Record Year End 2010 Revenues of Over $8.5 Million" from feb. of 2010 and other tidbits of info.

I don't imagine that will stop them from trying to recover something and as with all litigaion (imo)at least the lawyers will make some money

Perhaps they are inadvertently violating the patent as well. That’s a matter for lawyers to discuss I would guess. My point was and is, if it is indeed a part of the patent that is enforceable, perhaps it gives balallan a leg to stand on with the new company in a litigious sort of way.

Were not talking cracking were talking reusing the off gasses to fuel the process. and "seasonal slump " didn't they pump the best december ever?

Based on current trading trends it would seem that the mole hills are turing into craters.

"we will be able to set up a 'vapor recovery' system which will allow us to recapture light end gasses which flash off once heat is applied. We will then use these recaptured gasses as a fuel source to operate the boiler."

http://ih.advfn.com/p.php?pid=nmona&article=43563747

As I am told that this is part of the patented process green oasis used on their original processor and could be all balallan needs to commit the current green oasis to further litigation. IMO of course

You've seen this contract? They bought carraways shares giving them controlling interest in the company but not the company.This is a publically traded company owned by the shareholders and operated by management.IMO To buy the company they would have to have made a deal with all of the shareholders and bought their stock as well.

Shouldn't this info be released publically? And if the company is using any part of the patented process rewarded to balallen it seems that they could still be liable....."When a private company merges with a public company that had been active, there becomes a real and dangerous potential of finding 'skeletons in the closet'. These may be in the form of unsettled or pending lawsuits, dissatisfied shareholders, late or negligent filing of reports with the various regulatory bodies, environmental or other problems."

http://www.reversemergers.net/why.html

"Buying a shell company can either be a fast track to listing on an exchange or quotation market or untold trouble for an otherwise great company. Why? Not all shell companies are true shells. They may have unresolved litigation, undisclosed financial obligations, disgruntled stockholders, and a regulatory history that will not go away among other things. Sellers and finders of shell companies are not likely to tell you the entire truth about the problems or potential problems you may be buying with a shell. Their interest is very different than your own. Once they have your money they have no incentive to solve the problems left behind and entering "

http://www.venturelawcorp.com/shell_problems.htm

Its only relevant when grno can show full time operating permits for all their facilities and come clean with the financial information that seems to elude us. IMO of course

I thought the float was "locked up" during the early days!!??

I recall the authorized shares going to......what was it...2 billion? and then when it was reduced back to 500 million it seemed like a good thing. Granted better than two billion but not what everyone was professing. All of those free trading shares that entered the market for all of those promotions .....I hate to say it.....dilution. Where did they come from if not the company one way or the other??

So you are saying ,we have it in black and white or recorded voice that the company has said it explicity has not been selling shares. Has Margiotta or any one else sold any more shares and "reinvested" in the company?

Could you please post a link to this info.

So since you are in the know could you tell us where Peter has worked in the past. What companies he was affiliated with and his positions there? It might help bump up the moral and confidence to know a little about his track record.
Thanks in advance

Well I think its a funny that he's "a "hands on" guy and am not opposed to rolling up my sleeves with the guys out in the field."

Isn't he in an office in Canada and isn't the feild about a thousand miles away? That must make it difficult to get out in the field wouldn't you think? I guess he travels a lot.... that should show up on those audited financials.

Thanks rkiefhaber. Do you think they will ever settle these issues that are following them around? They claim "GRNO has 4 million dollars in assets owned free and clear"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57700621
It seems like the right lawyer could sink their teeth into that. Do we know how much is owed balallan with interest at this point? Seems like a lien on the assets would be possible and that will knock the free and clear right out of that statement. You said you have an agreement with them that they haven’t settled yet…..couldn’t you lien on those assets?

I'd like to see that

Thats salary isn't it? not a return on investment, although as salary goes its nothing to sneeze at. And by the way can you post a link to that info about his salary

So what are you trying to say? Margiotta doesn't wan't his money back? Do you think he would "invest" 4.5 mill with no interest or security? Tomatto tamatto either way it sounds to me like a bunch o change to be deducted at some point from the bottom line.

in·vest (n-vst)
v. in·vest·ed, in·vest·ing, in·vests
v.tr.
1. To commit (money or capital) in order to gain a financial return:
http://www.thefreedictionary.com/invested

How did he invest? did he buy shares outright witht the cash? The post says he invested in grno not ccp

And now that were talking 4.5 million that Margiotta states he invested in the company(according to the previously posted comments from sidestyle or seabreezin or who ever it was)What do we make of this statement from the last update? "Currently, GRNO has 4 million dollars in assets owned free and clear" Is it free and clear? or is it Margiotta's?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57700621

I never saw that info in a press release and it was only available from someone who supposedly gleaned the info from an insider... so really how trust worthy is that. Invested in the company or loaned the company what’s the difference? It’s a 4.5 million dollar reference I didn't see on the financials to date. And it’s about 5 times the revenue generated for the year we have numbers on no? One must assume its money owed by the company to the ceo that will have to be paid back. IMO of course. Where are those audited numbers?

If they have the cash flow to make it happen why did they have to borrow 4.5 mill from the ceo? (as per post frome sidestyle)

http://ragingbull.quote.com/mboard/boards.cgi?board=GRNO&read=856

A most sincere...Good Luck. You know despite whatever else this company is going through, can you imagine if people could step forward and say....Man I had a problem, they stepped up and took care of it. Talk about some credibility I would stand behind!

How is your "amicable arrangement" working out?

"roadie", I too have a claim against the company along with a couple other shareholders. Several months ago one of us met with Aldo Rotondi and we agreed to a deeply discounted settlement. Since then the company has chosen not to honor our agreement and will not answer any of our e-mails or phone messages...."

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57172958

Man looks like were looking for a new floor

Something from the past I find interesting today.

"seabreezing Share Friday, January 08, 2010 9:45:45 AM
Re: None Post # of 31450

Response from mangement over lawsuit against the old GRNO. The case is over,period! The company settled that suit with shares to the Ballen Group. They also transferred the technolgy patent over to Ballen group. Ironically the ballen group has actually contacted the new management about selling the patent back to GRNO. FWIW , once I read the instructions about moderating a board, when it appears Questions of a suspicious nature that have been asked and answered beyond any reasonably doubt my plan would be to delete such posts as being offtopic seabreezing "
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45266039

You know what I would like to understand. Say if there were 60 million shares in the float, How did buying carraways 7 million shares give Margiotta controlling interest in the company? How could the Board of directors approve anything without a shareholder vote. How could it happen without the shareholders even being advised. Where is the minutes to these meetings? Isn't it kinda like a law that the minutes be kept?

You keep acting like Margiotta "bought" the company. He didn't. He bought controlling interest in the company. It was never Bills company it was our company. Show me somewhere it states "bought the company" What it says was "bought all Bills shares"(thats a paraphrase)Its the same company based in Florida with all the baggage that comes with it...as this latest developement proves.

Balallan Limited v. Green Oasis Environmental Inc et al
Filed: February 28, 2011 as 2:2011mc00018 Updated: February 28, 2011 20:02:37
Plaintiff: Balallan LimitedDefendants: G.O.E. Enterprises, Inc, Green Oasis Environmental Inc and William D Carraway

http://dockets.justia.com/search?q=Green+Oasis+Environmental+Inc

Well anyone know anything about this then

Planning a trip to texas later this month does anyone know the actual physical address of this texas plant? Also anyone notice that the only project mentioned on the green oasis site is CCP? weren't there others?

Months Ago.....IMO of course. Boy things shore got quiet around here.

Months Ago.....IMO of course

The debate isn't about results it’s about being in business during a certain time frame which it seems they were.

Well I'll bet a deposit was required. When the mexicans came and inspected one would assume they were up and running. I don't imagine Bill could run the plant by himself so there must have been employees. That means payroll, taxes, lites on, water running and the money for that must have been coming from somewhere. Do you think the people would have signed contracts if the place wasn't in operation?

This chart clearly shows that the stock was trading way above current levels and didn't have it's last little flurry until July of 2004 something must have been going on.

"GOE participated in meetings held in London on July 25 and 26, 2001, with EEC and their appointed consulting engineers. After reviewing reports detailing the availability of waste oil in the United Kingdom, specifically the South East of England The East of England is one of the nine official regions of England. It was created in 1994 and was adopted for statistics from 1999. It includes the ceremonial counties of Essex, Hertfordshire, Bedfordshire, Cambridgeshire, Norfolk and Suffolk. , all parties concluded that a facility with double the capacity or the originally planned unit would be required to service the projected market. Construction of the EEC plant with a processing capacity of 3000 gallons per hour is scheduled to begin in October, 2001, with installation to be completed in early 2002.

http://www.thefreelibrary.com/Green+Oasis+Environmental+(GRNO)+Acquires+Interest+in+UK+Operating...-a077136391

And an excerpt from an artical Published: Wednesday, May 23, 2001 9:05 (GMT -0400)

"Last month, officials of Mexico's government and state oil company Pemex inspected GOE's waste oil processing system on a site visit last month." http://www.bnamericas.com/news/waterandwaste/Green_Oasis,_ProTec_Sign_Marketing_Agreement

and "Green Oasis Environmental, Inc. was engaged in the design, development, manufacture, installation, and support of fully automated plants, which contain the company's proprietary EnviroEconomics® System, a fully process patented waste oil distillation process, as of December 12, 2001. This system converted waste oil and other waste hydrocarbons into marketable fuel products, such as # 2 diesel oil, industrial burner fuel, and bio-diesel blends in a one-step process of thermal cracking and distillation techniques." http://www.realpennies.com/otc/GRNO

And in a filing dated 7-25-2002 by AES

AES/Green Oasis had signed a contract with Parador del So, S.A. de C.V., to build a Green Oasis Plant Enviroeconomics TM System Model 1000 in Mexico. This contract is subject to Parador del So, S.A. de C.V. obtaining (Overseas Private Investment Corporation) ("OPIC") financing. The contract value is approximately $4.5 million

http://edgar.brand.edgar-online.com/PeopleFilingResults.aspx?PersonID=2251815