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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Nov 6 4:00 PM EST

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To: Ken Reidy who wrote (6)9/12/1996 8:57:00 AM
From: alchemy   of 13091
 
Hello All: I recently purchased shares in Green Oasis.I don't see any significant earnings for this company until Q2/97. This company is coming back strong, but IMHO their earnings are not going to be very good this year unless they can convert orders into cash. Capitalization is a problem, too. These poor guys lost a lease on their manufacturing site and had to scramble to find a new one. I think they landed on their feet.My hats off to Carraway for keeping them focused. Once they prove their technology works, they are off to the races. This is a risky buy with high upside potential with rewards coming in Q3 & Q4 of 97. World market for this product is mega. By the way, I recently researched their LP. It is a win/win. You get income stream for two years and then a very generous buyback with GRNO shares after two years. The added tax break is a huge cherry on a very tasty sundae. environmentally yours, marty
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