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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Nov 28 4:00 PM EST

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To: Edward J. Smith who wrote (4649)5/7/1997 4:26:00 PM
From: Zeev Hed   of 13091
 
Ed: You are probably right, I am used to have royalties calculated on sales not unit, but I now remember the 4 cents, and thus we are talking about an additional $10/share in the price. There is a big sale going on on GRNO, it will not stay this way for long since the market is going to start and discount the future. I think that we should assyume the deployment of these units to take some time (some need to raise som $30 MM conservatively, if only 20 of the samller units are installed. My calculations called for 30 units working around the clock 300 days a year and at 800 gallon/hour. So, if the samller units are purchased, the 20 proposed units will only take care of the first 1/3 of available wastes.

Zeev
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