Green Oasis Environmental, Inc. (GRNO) Message Board

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

GRNO 0.00

Dec 24 4:00 PM EST

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To: Ferick who wrote (8778)	2/13/1998 11:35:00 AM
From: Hawkmoon	Read Replies (1) of 13091

<<I am seeing pump prices declining. This surely includes the price of #2. The effect will suppress the need or want for units.>> Ned, I've been watching the futures price for light crude and #2 heating oil (which closely tracks the price for #2 diesel. If you look at the charts for both of these commodities, I believe you are seeing the formation of a double bottom in the markets which should lead to future upside. As for suppressing the need or want for units, I think that this argument is completely without merit. As you likely know, there are many locations in the US where waste oil collection is subsidized by State monies or through handling charges when you get your oil changed. Additionally, a potential customer has to look at the current operational data based on current permitted capacity and then multiply this by a factor of 4 or 5 (800-1000gph). Currently all operational costs and manpower costs are being expensed based upon production of 200 gph of #2 diesel. If the processor is operating at breakeven or a slight loss at current capicities, then higher operational levels will equate to profits applying directly to the bottom line. Thus, due to governmental obstacles, the LP processor is forced to operate at a loss (more public market inefficiencies... :0). It is in no way indicative of the potential profitiability of a fully permitted processor operating at close to full capacity. Finally, we must also consider the additional variables driving this technology and that would be ever more strict EPA air quality standards that are causing potential customers to seek cleaner forms of fuel than #4 fuel oil or even lower grades. According to the posts by Charles King as well as my own research on the issue, Turkey has an attrocious air quality problem. It also suffers an energy deficit. Both of these factors are quite likely driving MANOVA to take advantage of what GRNO has to offer. I see no slackening of orders once the first couple of customers have their processors installed and operational and I see a significant backlog developing based upon the demonstrable technology. Just my humble opinion. Regards, Ron

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