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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 18 4:00 PM EST

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To: Frank Sabatano who wrote (3705)4/2/1997 9:44:00 PM
From: JOHN A.   of 13091
 
Will this effect the operation of the unit on site?
60 days then shut down- or can they get an extension
to maintain operation until final permit is issued.
Are we using this unit as a base of profit?
.04 a gallon times 400 per hour times how many days?

>>The Company has thus far been denied a final operating permit by
DHEC. The present status of the permit is that a draft permit has
been written, and the Company is allowed to operate the Unit for a
60-day period so that air emissions can be tested to determine that
DHEC's standards for air emissions are being met. The Company
initiated the 60-day period in mid-March 1997 and will shortly conduct
the tests of the equipment. The Company believes that DHEC is
requiring standards that exceed EPA regulations. The Company's
management and legal counsel are continuing negotiations with DHEC to
obtain the permit. Legal counsel expects a final permit to be issued
but that it is possible that it will not be effective until September
due to requirements for public comment periods and other complications
in issuing the permit.<<

Maybe, I worry too much? Thanks for any and all response.

JOHN A.
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