Replies to post #33733 on Green Oasis (GRNO)

[sidestyle]

good to know someone has spoken with the attorney, and that people are working to get this mess straightened out. any communication with peter himself or anyone else?

-mark

[XenaLives]

My reasons for being pessimistic aren't really due to any change in my perspective on the company.

The OTC is of little use to any legitimate company. It is no longer a vehicle for raising funds for expansion. That is what has changed in the last year, not the business plan of CCP.

Penson refuses to properly clear penny stocks, most brokers won't take penny stock certs any more, so how can a company sell stock on the market to raise funds?

Honestly, I think the days of the OTC are numbered. There is so much counterfeit stock in play ( and in this case much of it is probably pre-SHO short positions that were grandfathered in ) that the market can't operate in an orderly fashion.

If a stock can't be priced by supply and demand, what is the point in promoting an effective business plan to the public?