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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 (8215)12/14/1997 3:06:00 PM
From: Charles A. King   of 13091
 
I have discussed the Models 400 and 600 in previous posts, leaving the Model 1000 for last. Large urban areas such as south east Florida generate vast quantities of waste oil in a relatively small area. In addition, many of these large urban areas are located near deep water ports, with their large ocean going ships bringing feedstock and eventual markets for product. I talked to an oil recycler down in South Florida who is developing a 20 acre patch and plans to bring oil in by rail car.

The Model 1000 is designed to serve such large, densely populated areas. In making money as a waste oil processor, it is configured to kick some serious butt.

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 10/6 reflects
the number expected to be realized by the Model 1000, which would be $2,660,736. The fixed costs of this machine could conceivably be a little more to reflect the higher rent because of the urban area and also for the larger storage tanks. Subtracting $460,736 leaves $2.2 million and dividing by 7 million shares gives us 31 cents a share for the Model 1000.

Charles
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