UNITED STATES SECURITIES AND EXCHANGE COMMISSION

          Litigation Release No.   15864 /  September 1, 1998


          The  Securities  and  Exchange  Commission  announced that it has
          filed  a  civil law suit against Green Oasis Environmental,  Inc.
          ("Green Oasis"),  William  D.  Carraway,  Raymond  C. O'Brien and
          Ronald V. Reece for using false and misleading press releases and
          other  public  statements  to  increase  the price and volume  of
          trading  in  Green  Oasis  shares  for their personal  profit  in
          violation   of  the  antifraud,  antitouting   and   registration
          provisions of  the  federal  securities laws. The Commission also
          named Mary Ann Carraway as a relief  defendant  to  compel her to
          disgorge   the  benefits  she  received  as  the  result  of  the
          defendants' scheme. The Commission's complaint alleges that Green
          Oasis  and  its  president,  William  D.  Carraway  ("Carraway"),
          effected  the   scheme  by  publishing  a  series  of  false  and
          misleading press  releases  prepared by the public relations firm
          the company retained, owned and  controlled by Raymond C. O'Brien
          ("O'Brien").  Carraway  paid  O'Brien   and   others  to  publish
          purportedly  objective  descriptions  about  the company  and  to
          encourage positive discussion about the company  in Internet news
          groups. Carraway and O'Brien used these false press  releases  to
          increase  investor interest in the company. The complaint further
          alleges that  while continuing their scheme, Carraway and O'Brien
          conducted an unregistered  partnership  offering  by means of the
          company's  Internet web site, and, together with their  families,
          sold more than $3 million of Green Oasis stock.

          The complaint  alleges  that Carraway and O'Brien published press
          releases which materially  misrepresented  the  status  of  Green
          Oasis's  technology,  its  commercial  viability  as  well as the
          existence  of  purchase  orders  for  its  equipment.   Two press
          releases  and  other  misleading  documents  failed  to  disclose
          material facts showing the relationships between Green Oasis  and
          O'Brien.  O'Brien as a purported financial analyst, separate from
          his control  over  Green Oasis's public relations firm, published
          misleading recommendations  to  purchase Green Oasis shares while
          failing  to  disclose  that he had been  paid  to  publicize  the
          company. O'Brien also controlled  the  company  that  gave  Green
          Oasis the first purchase order and deposit for its equipment  but
          did  not disclose his relationships with both Green Oasis and the
          customer  in the press release he published touting the purported
          purchase order.  Beginning  in  March,  1996  at  a time when the
          company  had no money and its prototype product lay  disassembled
          in a field,  Carraway  and  O'Brien  began publishing false press
          releases in order to increase investor  interest  in  the company
          and  increase  the  price  and volume of trading in the company's
          stock.  As  alleged in the complaint,  in  furtherance  of  their
          scheme, Carraway and O'Brien encouraged Ronald V. Reece ("Reece")
          to publish positive  information  about  the  company in numerous
          Internet  news  group  messages  he  wrote  and in an  electronic
          newsletter he published about the company. In  his  publications,
          Reece  claimed  to  be  merely an interested investor and  denied
          receiving  any consideration  from  the  company.  In  fact,  the
          company gave  Reece  a  valuable  discount on his purchase of the
          company's securities and paid his travel  expenses,  all of which
          he failed to disclose in his publications.