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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 12 4:00 PM EST

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To: Robert Scott who wrote (4374)4/23/1997 4:30:00 PM
From: Charles A. King   of 13091
 
I'd like to refer to Bill's letter of April 20th.

The letter says testing was performed at steady state at levels of 400, 600, and 800 gallons per hour for the purpose of generating data for M&K Engineering's computer simulations. With the success that has already been achieved, I suspect the computer model is a good one. I'm sure GRNO as the General Partner will be applying for a higher level diesel production permit. We LPs are going to eventually realize a very nice return.

The letter also states that M&K's task will be to design a Model 1000 and a Model 1500, meaning they will be shooting for 1000 and 1500 gallons per hour. Can anyone imagine what they could do to margins?

But perhaps even more important there may be a subtle hint in this letter, taking the above information together. If they were able to "walk" a Model 400 into a well controlled 800 gallons per hour of diesel production, what do you suppose they could do by starting out at 1000 gallons per hour? Or even 1,500 gallons per hour? And if they did, then what about margins ... ?

Charles
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