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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 22 4:00 PM EST

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To: Ferick who wrote (8770)2/12/1998 11:02:00 PM
From: Charles A. King  Read Replies (2) of 13091
 
Since GRNO built the first plant, clearly they are physically able to build another one. They just prefer to do as much of the work as sheltered as possible. The State of South Carolina has generously given its approval to do so by allowing GRNO to build a facility. As of now, they are using the trailer of a semi as shelter, but it's a little cramped. There is plenty of empty space on the site to build a shelter to do the work.

William D. Carraway, President of the Company, stated, "Now that the Charleston, South Carolina plant is fully permitted and operational, we are in a position to pursue our first commercial sale. We expect that we will be able to meet our short- and long-time term manufacturing the fabrication needs at this site."

I hope Bill C isn't being his usual optimistic self. While the state government has given its approval, I hope he has already gotten the approval of the city, county, and federal governments with who know how many bureaucrats and agencies involved. For example, with the rain we have gotten in the past several months, the site now should qualify as a protected federal wetlands area even though a lot of fill was spread. The little city where I live has so many individuals involved in permitting even the simplest change and nobody wants to make a decision, private enterprise is driven away.

Note the times involved. The construction permit was requested November 1, the approval was dated February 2, and it is just now being announced. That is the speed at which the system works when nobody cares about the passage of time. It works that way when you are on the clock, not fighting it.

Charles

P. S. Okee, unfortunately, you did not miss any good news. The plant still must operate throttled back at 250-275 gph. And I never discussed manufacturing facilities with Bill C. so maybe he would have to use something like you saw to get ramped up. I suspect that the first order will be quickly followed by others and they all will be expected to be built immediately, time being money.
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