Green Oasis (GRNO)

[rkiefhaber]

Paula, be easy on 'packerjack', he is a good guy and after 14 years of being invested I am sure he has just had enough. I too have been following the company for over 14 years and am having a hard time with believing present management and their projections. It is quite odd that there is no history on the internet of any of the officers other than Frank Pellizzari who you assume worked for his families farm. If you can find anything specific on any of the officers I would be happy to see it. You can start with Peter Margiotti, who did he work for last or what other companies did he own?
Secondly, and I brought this up several months ago, there is a $1M judgement in favor of Balallan Limited that was transferred to Florida from New York in 2008 against Green Oasis. My attorney brought it to my attention last year and neither of us can find any indications that the judgement was ever satisfied. The reality is that when they assumed the assets of Green Oasis they assumed this liability among others. Don't let thier PR machine tell you differently. Therefore, it would be my conclusion that the company presently has no value and management has no intention of ever changing that or Balallin would have foreclosed on their judgement by now.
Like I have been saying all along they just don't pass the smell test for a long term investment. We need to see those damn financials ASAP or you will see a lot more 'packerjacks' selling after 14 years.
Just my opinion, not looking to start a fight.