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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Feb 11 4:00 PM EST

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To: Charles A. King who wrote (624)12/23/1996 8:25:00 AM
From: alchemy   of 13091
 
Charles, you have a good handle on the earning components. Better than I have, that's for sure. I am trying to generate a realistic EPS for 97 that incorporates all the earning channels. If you would check my logic, fill in the missing blanks and add anything else that is pertinent, we may be able to generate a somewhat accurate figure. (Knock on wood.)

Recoil sales (3 units x .0893= .26 EPS
Recoil royalties for year 1= .065EPS
GRNO #1 Refinery operation:
Tax benefits of GRNO #1 Refinery (??????)
Sales from GRNO #1 Refinery (??????)
Sale of backordered units (6 x .0893= . 53.5 EPS)
[I am using Bill's letter referencing 9 units for the year.]

Zeev also flagged the lower tax rate from the royalties. I don't know what kind of impact that will have on the bottom line this year, but it may be significant in coming years.

Thanks
Marty
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