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

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To: Charles A. King who wrote (8215)12/14/1997 3:05:00 PM
From: Charles A. King   of 13091
 
Continuing with another daydream about oil processing, suppose we increased the product yield and operating uptime for the fantasy 400 as we did with the Model 600.

In post Message 2949339 I said, "Summing up we get $1,887,403 before overhead and taxes." This was for the Model 600. Scaling this number by 2/3, we get $1,258,268.70. Subtract $348,268.70 operating and overhead costs leaves $910,000. Dividing by our supposed 7 million outstanding shares equals 13 cents a share annual earnings.

Charles
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