SOURCE: Global Envirosolutions, Inc.

March 01, 2010 07:30 ET

Green Oasis Environmental Inc. Reports Harbinger Research to Initiate Coverage, Provide Price Target and Rating on GRNO

EDMONTON, AB--(Marketwire - March 1, 2010) - Green Oasis Environmental Inc. (PINKSHEETS: GRNO) is pleased to announce that the Company has retained Harbinger Research, LLC, an independent equity research firm, to provide research coverage services. Once completed, the report will be widely distributed and made available to Harbinger's Research's database of both institutional and individual investors.

The research report will provide an investment rating, price target, and earnings model, summary of the Company as an investment opportunity, an overview of its businesses, its sales, marketing strategy, and a discussion of the company's industry.

Brian R. Connell, CFA, Senior Analyst at Harbinger Research, states: "We are quite pleased to be working with Green Oasis Environmental. The Company seems to have found a very profitable niche in the slop oil processing and recovery business."

Mr. Connell has over 15 years' experience in the securities industry, as an equity analyst, portfolio manager, and as the founder and CEO of StreetFusion (acquired by CCBN/StreetEvents), a software company serving the institutional investment community.

"Retaining Harbinger Report is a positive investment in our part in making the investment community and our shareholders aware of the potential of our Company. We believe that this will also help us strengthen our shareholder base. We are very optimistic in the future of our Company and with all the recent announcements, the Harbinger Report will help us convey to the public the positive opportunities that lie before Green Oasis," commented Matt Campbell; V.P. Research and Development.

About Harbinger Research LLC.

Harbinger Research is a New York-based independent equity research firm with a focus on providing coverage to small-cap companies. Our mission is to help their clients achieve fairer market valuations, an expanded shareholder base, improved liquidity, and easier access to capital markets. Harbinger Research does this by providing insightful, in-depth research reports and by making sure those reports are widely distributed and made available to both institutional and individual investors. Harbinger Research strives to deliver superior research coverage and the result is compelling -- consistent coverage from industry-expert analysts that is well written and consists of insightful analysis, cogent arguments, and in-depth financial models.

To learn more about Harbinger Research and view our research reports, we invite you to visit our website located at www.harbingerresearch.com.

About Green Oasis Environmental, Inc.

Green Oasis Environmental, Inc. (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.

Green Oasis -- "Green Today for a Stronger Tomorrow!"

About Custom Carbon Processing Inc.

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 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 (www.shell.us). 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 (www.bakkenblog.com) 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 www.greenoasisenvironmental.com or contact Investor Relations at (877) 207-3370.

Safe Harbor

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.

Contact Information