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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: Robert Korn who wrote (4638)5/7/1997 3:13:00 PM
From: Zeev Hed   of 13091
 
Robert, we need some exuberance, so post your numbers, I come up with about $.5/share royalties in forward production (2*10^8*.5*.05/8*10^6). That should be worth 5 bucks per share on royalties only, of course, you need few units to process 210 million gallon per year, even at 800 Gal/hour, I come up with 30 units (am I right?). By the way I took royalties at 5% of 50 cent/gallon, but I think it might actually be higher, I simply do not remember all these numbers.

Zeev
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