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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 3 4:00 PM EST

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To: Bob Rach who wrote (4478)4/27/1997 11:02:00 AM
From: Zeev Hed   of 13091
 
Bob: I am sure Ron will answer to you separately, but from the publicly available data, GRNO has enough cash on hand to build 2 units. If they build and deliver these two untis, the payment they will receive will suffice to build an additional 3 units and pay a good chunk of overhead for the full year and so on.

I am afraid I have no answer on the regulatory issue, except to state that it is a non issue in most of GRNO overseas market, and it is a state by state affair in our domestic markets.

Zeev
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