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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: May 22, 1997
(Date of earliest event reported)
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GREEN OASIS ENVIRONMENTAL, INC.
(Exact name of registrant as specified in its charter)
FLORIDA 33-68304 57-0970282
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation or organization) file number) Identification No.)
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184 EAST BAY STREET, SUITE 302
CHARLESTON, SOUTH CAROLINA 29401
(Address of principal executive office)
(803) 722-5771
(Registrant's telephone number, including area code)
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Item 5. Other Events.
On May 22, 1997, the Registrant issued a press release
confirming the expiration of an Order by the Securities and Exchange Commission
(the "Commission") temporarily suspending trading and announcing its retention
of independent outside counsel to investigate the concerns noted by the
Commission in ordering the temporary trading suspension. A copy of the press
release is attached as Exhibit 5.1 hereto.
On June 6, 1997 the Registrant sent a letter to its
shareholders, a copy of which is attached hereto as Exhibit 5.2.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
Exhibit 99.1 Press Release by Green Oasis Environmental,
Inc., dated May 22, 1997.
Exhibit 99.2 Letter from William D. Carraway, President
and Chief Executive Officer, Green Oasis
Environmental, Inc., to shareholders.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: June 9, 1997
GREEN OASIS ENVIRONMENTAL, INC.
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(Registrant)
By: /s/ William D. Carraway
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William D. Carraway
President and Chief Executive Officer
(authorized to sign on behalf of Registrant)
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EXHIBIT INDEX
Exhibit Page
Number Description Number
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99.1 Press Release dated May 22, 1997 4
99.2 Letter to shareholders dated June 5, 1997 5
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