Green Oasis Environmental, Inc. (GRNO) Message Board

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

GRNO 0.00

Nov 26 4:00 PM EST

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To: Hawkmoon who wrote (374)	12/2/1996 6:48:00 AM
From: Charles A. King	of 13091

The following is an excerpt from the latest press release. William D. Carraway, president, states that, "This agreement not only insures the annual sale of at least three Model 400 processing units per year for gross minimum revenues of $4,500,000 for each of the next three years, but it will also generate incremental revenues through royalties of up to $346,000, which will increase to $692,000 in year two and $1,038,000 per year thereafter during the life of the agreement. The key words as I see it is "$1,038,000 per year thereafter during the life of the agreement." What is the life of the agreement? I don't see it ending after 3 years or am I wrong? Charles

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