SOURCE: Global Envirosolutions, Inc.

June 24, 2010 08:00 ET

Green Oasis Environmental, Inc. Reports on Recent Filings and Update

EDMONTON, AB--(Marketwire - June 24, 2010) -  Green Oasis Environmental, Inc. (PINKSHEETS: GRNO) is pleased to provide shareholders with the following update regarding the recent financial filings.

On June 15th and 16th of 2010, Green Oasis submitted Forms 10Q and 10K for periods ending December 31, 1999. These financials are part of the Company's ongoing efforts to become current with their financial reporting and providing transparency to its investors while positioning itself to move to the Bulletin Board exchange. Over the last several months, Green Oasis has been diligently working on completing the financials for the years 1997 through to 2010.

"Currently the 10Q's from 1998 through 1999 and 10K's from 1997 through 1999 have been filed and we are in the process of completing the SEC 10K filings for the years ended Dec. 31, 2009 and the 10Q filings up to and including March 31, 2010," stated Peter Margiotta, CEO for Green Oasis Environmental, Inc.

Throughout the past 10 months, not only has the Company focused its efforts in building and increasing shareholder value but has also focused its efforts on becoming current with their financial reporting as this is a critical component of the Company's strategy to re-establish GRNO back onto the OTCBB. "Despite various setbacks with the filing of our financial statements, we have remained steadfast in our focus to become current with our goal of regaining our status on the OTCBB," added Mr. Margiotta.

As the Company continues to files its financials, they may also be viewed on the Green Oasis Environmental website at or directly on the website.

For additional information, please contact Investor Relations at (973) 351-3868 or visit the company website:


Green Oasis Environmental, Inc. (PINKSHEETS: GRNO) is dedicated to acquiring and providing access to world class technologies available today and has chosen to focus its efforts on seeking acquisitions of technology and/or operations concerning the remediation of slop oil, waste engine oil, and tank bottom oils. GRNO has every intention of becoming the single best option for reclaiming oil to pipeline specification from these waste products. Through the Company's state of the art technology, GRNO will be able to process these waste products at one of their facilities or at a customer's site by way of implementing its portable processing technology.


Custom Carbon Processing Inc. "CCP" is a Wyoming based Company formed in 2006 that has been operating in the Gillette, Wyoming area since its inception. Through the technology that "CCP" has developed, CCP is able to process slop oil (an unrefined, non saleable oil) into pipeline standard crude. Its current facility has the capabilities of processing up to 1,500 barrels of slop oil with a conversion ratio of approximately 50% to finished crude. Through its ongoing contract, "CCP" sells the processed slop oil to Shell Trading (US) Company ( Shell Trading (US) Company is a corporation that acts as the single market interface for Royal Dutch Shell companies and affiliates in the United States with offices in Houston, TX (headquarters); Dallas, TX; Denver, CO; Midland, TX; and San Antonio, TX; and has an affiliated Shell Trading company in Calgary, Alberta. Shell Trading buys and sells more than five million barrels per day of hydrocarbons, is one of the largest physical traders of hydrocarbons in the United States and one of the world's largest energy trading companies.

In addition to its Wyoming facility, "CCP" is currently planning expansion of its processing technology into Montana and North Dakota, home of the Bakken ( and Three Forks plays, said to be two of the largest oil plays in North America.

For more information on Green Oasis Environmental, Inc. or Custom Carbon Processing Inc., please visit or contact Investor Relations at (877) 207-3370.

Safe Harbor

Shareholders and investors are strongly cautioned against placing undue reliance on information set forth in these communications in making any investment decisions concerning our securities.

Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby.

The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management, as well as assumptions made by any information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.

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