Green Oasis (GRNO)

[rkiefhaber]

"GRNO has had operating losses of well over $10M since it's inception."
The NOL's are public information available in the older 10K's from Carraway' days. I don't have time to find the exact numbers and I don't think anyone cares enough for me to take the time. The investors as well as the insiders lost a lot of money on the dream.

"This would have been negotiated when they acquired the shell from Carraway."
What I meant to say is that Carraway would have to cooperate and provide all the accounting documents etc.. He could very easily say he lost the records and Margiotti would have no legal means to make him provide anything. Mr Carraway has lost most of his fortunes as well as a lot of money for his friends and family members. At this point he is in hiding in the mountains of NC and I believe he is living with many regrets. He burned a lot of people including myself acting as president of GRNO. The bottom line is that he lost the most and I don't think he will cooperate unless it was a requirement tied into the sale of his stock in 2009.