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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 8 4:00 PM EST
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To: Charles A. King who wrote (144)10/21/1996 8:05:00 AM
From: Hawkmoon   of 13091
 
Charles,

If I remember correctly, Bill had told me the company had spent upwards of $300,000 during its period of inactivity refining and streamlining the entire system. He mentioned that after looking over the diagrams and system flow charts, they had realized there were many areas that were extraneous to the process.

I don't anticipate any major problems in the switch to a new thermal oxidizer. The problems incurred with the unit in Nampa, ID, built for Environmental Oil Services, centered solely on the the Thermatrix TO. These problems were apparently the result of inadequate fuel/air mixture controls that would precipitate an occasional "backfire" effect.

GRNO sold this unit to EOS at a substantial discount mainly so that they could utilize it as a test-bed for the Thermal Oxidizer. Except for the fuel mixture problem, now resolved I understand, the system worked extremely well. EOS was producing fuel before shutting their plant down in an attempt to disassemble and reverse engineer the processor after they saw that GRNO might possibly become defunct... They'll get theirs.... :0) (Considering that GRNO has filed a counter-suit against them, and it appears Bill may be in the right on this issue)

Regards,

Ron
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