Green Oasis Environmental, Inc. (GRNO) Message Board

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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)

GRNO 0.00

Feb 4 4:00 PM EST

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To: Jack Kanak who wrote (7837)	11/19/1997 9:58:00 AM
From: Jay Larsen	Read Replies (4) of 13091

Day shift is "up".... Green Oasis Environmental, Inc. Extends Agreement with MANOVA CHARLESTON, S.C., Nov. 19 /PRNewswire/ -- Green Oasis Environmental, Inc. (OTCBB: GRNO - news) announced today that it has extended the previously announced Letter of Intend with Istanbul, Turkey based MANOVA ARITMA CEVRE KORUMA PETROL (AKA MENEKS, LTD.), until January 31, 1998. The Company has been advised by MANOVA that the Turkey Ministry of Energy - Dept. of Petroleum on October 2, 1997 waived the need for an operating license in order to sell #2 diesel in Turkey. MANOVA will now apply for a ''Pre-License'' from the Turkey Ministry of Environmental Affairs (MEA) which is publishing a ''Law'' regarding the collection of a potential 300,000 million tons of waste oil annually in Turkey. MEA has scheduled a possible final consortium meeting for mid- November regarding the ''Waste Oil Collection Regulation.'' Green Oasis Environmental, Inc.'s patent pending process is designed to produce marketable fuels from waste oils in a closed cycle one step process. The Company manufactures equipment for its own use as well as markets to others.

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