GRNO Newsletter & $25,000,000 Backlog
Here is the issue of the GRNO Newsletter that references the backlog of orders. If you find this information interesting you may want to contact the author to place you on the mailing list.
Subj: GRNO #6
Date: 96-08-27 23:49:21 EDT
From: reecerd@erols.com (Ronald Reece)
Howdy All,
The following is a response that I received from Spencer Maus @ Microcap
Consulting and Communications in Highland Park, IL. I found it quite interesting,
but before I analyze it for you and provide my opinion, I would be interested in any
thoughts or questions from our readership. This is supposed to be an interactive
forum.... :0) If you have not contacted Spencer regarding the company, he
suggested that any interested party e-mail him at:
BFiore4054@aol.com
and provide him your phone #. He told me that he would personally contact
them and answer any questions.
**********************************************************
From: BFiore4054@aol.com
To: reecerd@erols.com
Subject: Green Oasis LP
Ron,
In response to your request on how Microcap consulting is presenting Green
Oasis and the limited partnership in an abridged form:
Green Oasis Environmental, Inc. is on the "cutting edge" of the
Environmental-resource recovery movement. Green Oasis manufactures a
mini-refining plant that converts waste/used motor oil into ASTM #2 diesel
and #3 high heating oil. The patent applied for process for the
EnviroEconomics system accomplishes this in a one step thermal cracking and
distillation process in an oxygen free environment.
Process profit margins are 5 to 8 times of other competing process.
Equipment manufacturing pretax profits are 55%, with a return of investment
in 12 to 24 months. Green Oasis reported profits of $975,300 on revenues of
$2,075,000 for 1995. Green Oasis has a current backlog of over $25,000,000.
The Green Oasis lmited partnership, for accredited and/or qualified
investors, allows direct participation in the ownership of an EnviroEconomics
processing plant. The $50,000 unit offers potential cash flow, paid to the
investor, of 35% to 50% per year; liquidtity in the form of an investor's
right to exchange their unit(s) for Green Oasis stock at a discount to a 5 day
average of the bid price; and a warrant to purchase up to 15,000 shares of
Green Oasis stock at $3.50/share.
As I mentioned, the partnership will own the corporate "on site" demo plant,
which will receive all mechanical upgrades. Also, the original plans for the
partnership would have given the investors 90% ownership in the demo plant.
Bill has recently decided to dramatically reduce that amount available to
investors to between 30% and 45%, and to accept investments in increments of
1/4 units of $12,500.
If you know of anyone interested in either the stock or partnership have them
contact me at Microcap Consulting & Communications, Inc. at 847.266.2055, fax
847.266.2058, or e-mail BFiore4054@AOL.
Spencer Maus
*******************************************************
On another note:
At 07:55 PM 8/26/96 -0400, you wrote:
>Ron, The SAC concept is a great one. Thanks for operating the GRNO version.
>
>Any feedback on my suggestions for improving readability on the Web site?
>Last I checked, nothing had changed. I'm still on the sidelines waiting to
>pull the trigger on this one. Keep up the detective work. -Scott XXXXXXX
>
>
I've been in regular contact with Bill regarding upgrading the website. He was
supposed to meet with his webmaster today in order to provide guidance on
improvements. Be patient as he admits that he is a novice, and personally, I
think that the webmaster is a little slow in responding. We'll get the changes
instituted soon, and more documentation will be put up on the site.
***********************************************************
>Hey Ron,
>
>You see the DJ news at approx 1100 today (tues)? They announced Exxon
>approved them to do their testing or whatever at Exxons sight. Exxon
>had been waiting for EPA approval or something or other. BTW, at the
>close, GRNO spread was quite small, something like 1.187 - 1.375 or 1.4375.
>At one point, I could have sworn I saw the bid drop below 1 (.875 or so).
>What's up, couldn't do a timeline on the bid dropping vis-a-vis the news
>release. Maybe MMs weren't willing to trade on the "sell" side so they
>blew the bid outside the market before/during the news release???
Hummmm...... A suspicious type might suspect that the company deliberately
mentioned Exxon's name in order to gain more visibility on the newswires.
Pwetty Twicky.... hwa, hwa, hwa..... :0) Don't know, but publicity is
publicity, right???
We saw a mad dash to trade 30,000 shares today at rather low prices, It had
to be the MM's playing amongst themselves... Any other opinions out there???
BTW, did anyone receive the news release today?? I was out on the town doing
my thing, but Spencer said that he was going to ship it out to the readership by
e-mail. I even walked him through the "Cut & Paste" routine so that he
could use my mailing list. However, I haven't received anything as of 2347 hrs EST.
Then again, my mail server was down for most of the day and they probably
lost it.... :0(
Regards,
Ron
****************************************************************
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