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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 8 4:00 PM EST

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To: Andrew who wrote (153)10/24/1996 3:04:00 PM
From: Charles A. King   of 13091
 
Andrew, Ron won't see residue on November 15 because the unit won't be operating until December.

The company is only interested in selling operating units to get capital financing so they can expand the production facilities. The true aim of GRNO is to own all domestic processing units so that all revenues are accrued to the company and not to independant processor owners. The company would also like to go around the country and acquire the little companies that gather the used oil.

GRNO is selling units to foreign entities. There are plenty of opportunities to make money selling units abroad while maximizing domestic processing business.

The diesel fuel generated by the process is very high quality. Bill Carraway also plans to use a filtering process to clean up residue or impurities in the end product. I don't know anything about fuel, but it wouldn't surprise me if it could be used as #1 diesel in road vehicles. Just my opinion.

Charles
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