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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Nov 25 4:00 PM EST

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To: Ferick who wrote (10645)7/16/1999 10:13:00 AM
From: Charles A. King   of 13091
 
Ned, it depends mostly on what feedstock costs. Assuming fixed costs of roughly $400,000 a year, you have to pay through the nose to buy feedstock by the truckload and then each batch must be tested per DHEC's requirements. But if a way could be found to get and store a proper supply of very cheap feedstock that meets DHEC's requirements, the break even point drops accordingly. There is a railroad track running past the plant and Charleston is located on a ocean sea port. There are several large storage tanks in the vicinity of the plant. Maybe waste oil could be barged into Charleston and stored in tanks, but that would take money.

The best time to buy cheap feedstock is in the winter when cold weather stops some activities that use waste oil up north.

A public library might have a phone book for Charleston. The yellow pages list diesel suppliers as well as companies that handle waste oil as well as oil reclamation equipment. Maybe some idea of costs can be gotten from such sources.

Charles
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