Replies to post #31350 on Green Oasis (GRNO)

[bigoledog]

I wonder about this excerpt from an earlier filing and its true meaning.

6. If Mr. Carraway is no longer Chairman of the Board
or a director or officer of the Registrant or any of its
related entities, but is an agent, advisor, partner or
shareholder of the Registrant or any of its related
entities, he will comply with the Consent Order to the
extent practicable, and, if applicable, will exercise any and all shareholder rights he may have to demand full
compliance with the Consent Order;

7. For so long as Mr. Carraway is associated with the Registrant or related entities, whether as a director or
officer or otherwise involved, directly or indirectly, in the preparation or dissemination of any press release of the
Registrant, he will take personal responsibility for the
accuracy of (a) any such release issued by or on behalf of the Company, whether through conventional media or through
the Internet and (b) any information posted on the
Registrant's Web Site, and compliance by the Registrant with its letter agreement dated November 10, 1997 with the Securities Division;

http://sec.gov/Archives/edgar/data/914257/0000950144-97-013031.txt

and 8. Mr. Carraway agrees not to sell, exchange or
transfer any securities or interests of the Registrant or
any related entities that he owns or controls as of November
20, 1997 without complying in all material respect with all
applicable laws.

doesn't that mean he should have filed some type of paperwork relating to insider trading before doing this? form 144 or some such??

[XenaLives]

Guilty of obscure sentence structure again...

Here's what they said in the correspondence with the SEC:
"Additionally, the company was dormant from 1999 through 2009, when Mr. Margiotta purchased the company."

They filed some information on 2009 and more is to come. All of that is old news.