UNITED STATES SECURITIES AND EXCHANGE COMMISSION

          Litigation Release No.  15876 / September 9, 1998

          Federal Judge Permanently Enjoins Green Oasis Environmental, Inc.
          In Internet Related Fraudulent Stock Sales Scheme


          The Securities and Exchange Commission announced today that Judge
          Patrick Michael Duffy of the United States District Court for the
          District   of  South  Carolina  entered  an  Order  of  Permanent
          Injunction And  Other  Relief  against Green Oasis Environmental,
          Inc. ("Green Oasis") restraining  and  enjoining the company from
          further violations of the federal securities  laws.   Green Oasis
          consented  to  the  entry  of  the  permanent  injunction without
          admitting   or   denying  the  allegations  of  the  Commission's
          complaint.   William   D.   Carraway   ("Carraway")   signed  the
          stipulation on the company's behalf.

          The Commission's complaint alleges that Green Oasis and  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.  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.