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

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To: Zeev Hed who wrote (8893)3/8/1998 10:53:00 AM
From: Hawkmoon   of 13091
 
Zeev,

According to the numbers I ran on over a year ago, I figured out that GRNO's processor is being price in such a way that the customer would be able to pay off the purchase price over a 3-4 year amortization with room left for hefty profitability.

And the last I heard, the tax loss carryforward was something like $5-7 million. So at least the first couple of sales should hit directly to the bottom line.

And again, reference actual price of manufacture, I believe that the main alterations to increase capacity involve the diameter of the distillation column and the available surface area in the condensation trays. This is a relative simple and inexpensive change. The only other change I could foresee taking place would be increasing the size of the HRU in order to extend residence time since more volume is being pumped through, as well as up-sizing the Thermal Oxidizer.

One last point, during my last trip to Charleston, It was suggested that no 1000K units would be manufactured in a semi-trailer. They would be fixed installations built in a modularized form at the out-sourced vendor. These component will then be delivered to the installation site and assembled in a building.

Over all, I really favor this deal as it is important to get the manufacturing process underway and streamlined. I don't care if the last remaining $1 million comes over the course of several years. Bear in mind payments will be made monthly at 8% and that's quite a load to bear in interest. I would want to pay it off as soon as possible as I have better things to do with that $80,000 in annual interest.

And I don't care if we have to do a similar deal with another party. I just want this company to be able to say it is reborn.

Regards,

Ron

Regards,

Ron
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