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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 5 4:00 PM EST

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To: John Crovelli who wrote (8191)12/11/1997 2:44:00 PM
From: Charles A. King  Read Replies (2) of 13091
 
John, while it is a lot of fun to indulge in wishful thinking, GRNO is not your ordinary BB stock. We still aren't out of the SEC woods and I'm sure GRNO has lawyers reading every word and exclamation point we key. I would rather confine our comments to what we actually know or read that is officially blessed or reported in the news media.

That said, I feel fairly comfortable about something good coming from GRNO eventually, such as the Turkish deal. Just have to cool it. In fact, we don't even know what gross margins we have any more. :-( Gross margins for the units sold to others. I see the web site mentions margins of oil processed here being 20 to 35 cents a gallon. All GRNO has to do is sell enough units to pay the bills and get the company itself into the operations business.

Charles
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