Green Oasis Environmental, Inc. (GRNO) Message Board

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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)

GRNO 0.00

Nov 26 4:00 PM EST

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To: michael Flynn who wrote (8877)	3/7/1998 6:44:00 AM
From: MMender	Read Replies (1) of 13091

Mike: Looking at this sale objectively I see pluses in the fact that 100K is in the bank ( loan of 47K converted to down payment + 53K additional Cash ) I will feel much better when first payment (300K + (?)) is received. Even better when 2nd installment is received. An additional plus is that model 1000 will be built and running. The royalties are a bit of whipped cream on the cake. The subordinated note could be discounted, at say, 20% giving co. 800K. Negatives, in my mind, that we wait for rest of down payment. This is something I can live with. Once we get the first 300K, I feel this will really be a done deal. The only other negative, "Is this a model for the next orders?" Or do we get larger down payments and no subordinated notes for the final million? Let us all hope that this is the beginning of our "Field of Dreams". I also congratulate Bill, Bo and Charleston crew. In addition I applaud the loyalty of the vast majority of our stockholders. Regards, Eli

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