Green Oasis Environmental, Inc. (GRNO) Message Board

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

GRNO 0.00

Dec 29 4:00 PM EST

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To: Hawkmoon who wrote (8688)	2/3/1998 10:13:00 AM
From: Charles A. King	Read Replies (2) of 13091

Ron, I assume that with the latest announcement of the fuel purchase arrangement with a Charleston based fuel distributor that the tank storage limitation will not prevent the plant from running continuously. I may be wrong, but I believe a tanker semi holds about 6,000 gallons whereas I think there is around 24,000 gallons available for diesel storage. Somebody correct me if I have it wrong. If I am right, a semi would be filled in about 30 hours, and the available tanks would help provide management flexibility. If you were there over the weekend, the tanks could have been filling because of a weekend gap in service. The real bind with feedstock and product storage would have come about with the approval of the 1,000 gallons per hour rate by DHEC. But if that happened, GRNO would be able to afford the required storage and infrastructure. With the SEC's "investigation" driving away orders (in my considered opinion, of course) and with no infusion of cash, the SEC is also interfering seriously in GRNO operations which could very well be fatal to its survival. Charles

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