PRESS RELEASE?
Green Oasis Environmental, Inc. extends option period with Russian space agency
CHARLESTON, S.C., May 16 /THIS-IS-SATIRE Newswire/ --- Green Oasis Environmental, Inc. (OTC: GRNO - news) announced today signing an extension of a previously undisclosed Equipment Purchase Right of First Refusal with the Russian space agency, Krashenburn, for rights to purchase a Model 1000 plant to be located on the Moon. Krashenburn states ''We have secured the support of the Ministry of Environment and the Ministry of Petroleum toward a law pending in the Russian Parliament to exempt lunar lander fuel recycling from taxes, and will do our utmost to conclude the law process in the shortest possible time.'' The Agreement is dependent on the approval of the law pending in the Russian Parliament and Green Oasis will not begin plant construction until the law is passed and pigs learn to fly. The Agreement calls for the possible installation of up to three Model 1000 plants over a period of 48 months. Each plant is $2.5 million US plus installation. Green Oasis will have the opportunity to acquire a minority ownership position in the operating company which Krashenburn has projected an annual gross profit of $1.98 US per plant based on current economic conditions on the moon and the availability of feedstock from previously abandoned lunar landing modules, and assuming passage of the waste oil inducement law. Green Oasis has agreed to provide a portion of the equipment financing at 8% interest amortized over ten years, price protection on future plant purchases till 2001, and on site support for 120 days following installation and start-up on the model 1000 plant. It is presumed that the planned Russian Moon-buggy will be designed to operate on diesel.
W.D. Carry-the-money-away, President stated ''We believe this agreement combined with the moon's highly visible location will present additional opportunities for the technology on both Mars and Venus, and is the foundation for a long term relationship with Krashenburn.''
Green Oasis' patent-pending process is designed to produce marketable fuels from waste oils in a closed cycle, one step process. The Company manufactures equipment for its own use as well as markets throughout the galaxy. The only place they are not allowed to operate is in the United States. To date, their first three machines do not work and their jointly owned partnership processor has been shut down due to unprofitability and a government conspiracy to destroy the company.
SOURCE: Green Oasis Satirical Network <vbg> |
