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

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To: Charles A. King who wrote (8214)12/13/1997 3:37:00 PM
From: Charles A. King  Read Replies (4) of 13091
 
In previous posts I discussed the possible potential earnings of the Model 600. That is the one that interests me the most, but could have left the impression that the 600 was the only one to be placed by the fantasy operations division of GRNO. If it seems that is the case, I must correct that. If I didn't, the guilt would corrode my soul.

Large areas of the USA are like my area of Florida, lightly populated with towns of suburban sprawl. GRNO makes the Model 400 for these areas to reduce the cost of feedstock transportation and to make unit placement more likely. The Model 400 processes 2/3 of the feedstock of the 600.

In a previous post, Message 2944246
I calculated the gross profit from the waste oil processed by the Model 600 to be $1,596,441.60. Scaling that number by 2/3 reflects the number expected to be realized by the Model 400, which would be $1,064,076. Subtract $364,076 for miscellaneous operating and overhead costs leaves $700,000. Dividing by 7 million shares leaves 10 cents a share annual earnings for this Model 400.

Charles
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