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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Nov 26 4:00 PM EST

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To: Zeev Hed who wrote (4640)5/7/1997 4:18:00 PM
From: Edward J. Smith   of 13091
 
Zeev

I thought the royalty figure was at .04 per gallon, rather than a percentage figure. If this is right, it looks like this:

210,000,000 x .04 = $8,400,000 or $1.00/share based on over 8 million outstanding.

Correct me if I am wrong, but do it quickly before I go out and buy a summer home on the lake to enjoy my early retirement.

Ed

P.S. If we are also talking 30 processors to handle this quantity at about a half mil profit each, we are talking about another $2.00/share. If this doesn`t get up the IEI what the hell will?
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