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: Bob Brooke who wrote (8722)	2/6/1998 4:05:00 PM
From: Charles A. King	Read Replies (1) of 13091

Bob, consider the plant to be a lab demo unit only until the government regulators allow GRNO to operate normally. The unit must be kept running, even if it is at an artificially tiny rate, so that if a prospective customer wants to see if one actually does run, he can come and see it. In the mean time, due to the depressed price of energy, the artificially low operating rate, and the high price of feedstock, it isn't worth running except for that purpose and for the purpose of getting a little running time logged on the components. We are having a very mild winter in the East. At my house, we should have had at least one good freeze by this time, but we haven't even had a frost. This means that road building can continue which is soaking up waste oil in Florida and Georgia. I have talked to oil recyclers about this. Road builders use waste oil rather than heating oil to heat asphalt in the states that allow it. This tends to elevate the cost of the feedstock. At the same time, the warm winter tends to help reduce energy prices. The plant is owned by the LPs and GRNO is the GP, getting 10%. GRNO would still make a good profit if it wasn't for the DHEC interference in the plant operation and the SEC's interference in everything else. I don't see any numbers to run until there is some positive development for a change. Charles

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