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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Nov 25 4:00 PM EST

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To: Hawkmoon who wrote (377)12/2/1996 4:47:00 PM
From: jacob husak   of 13091
 
I was really hoping for news on GRNO going forward with aquiring waste
oil collectors. I read that they were in discussions to acquire or
actually acquired a collector in Denver but haven't heard anything
else. Too bad the company is short on funds for acquisitions. Just
think if the company could buy a REC OIL. With 1.3 billion gallons of
waste oil in the U.S. the refining profits of just a fraction of the
market share would be remarkable. If GRNO could get 5% of the refining
market in the next few years the profits would be over $3 a share every
year. I sometimes wonder if it would be almost immpossible to capture
a significant share in the next few years given the quantity of
processors which would be required.

We could do very well since we will have manufacturing, royalty and
hopefully significant refining profits (with tax credits).
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