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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Jan 7 4:00 PM EST
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To: spinynorman1323 who wrote (3692)4/2/1997 11:24:00 AM
From: BACRDI   of 13091
 
To all:

Can anyone explain what this RED FLAG means...................
From GRNO 10K:

Backlog

The Company has received orders from eight firms for a total of
19 units. However, because the Company only recently completed the
Unit being sold to GOE Plant Partnership I, L.P. it is not sure how
many firm orders exist at the present time. The Company anticipates
that potential customers will wish to conduct an inspection of the
Unit sold to the Partnership before placing a firm order. However,
based upon discussions with potential customers, and through
discussions with its marketing agents, CIC International, Enviro
Sales, Inc., and Ardmore Capital Corporation, the Company believes
that substantial interest in the Company's products exits.
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