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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Nov 5 4:00 PM EST

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To: Norman H. Hostetler who wrote (10101)11/9/1998 11:14:00 AM
From: Charles A. King  Read Replies (2) of 13091
 
Norm, the present condition of the GRNO technology as I understand it is that it is indeed self operating. To operate a plant requires minimal training and expertise. I am just looking forward and comparing the demonstrated attitudes of Red Chinese and the South Carolinian legal establishments toward high tech development.

An article in Sunday's Charleston paper looks back at the last three years and sees success.

In 1995, the group charged with luring industry to the Charleston area
embarked on an ambitious five-year plan.
Its job was to rescue the region's economy, which was in jeopardy due to the
closure of the Charleston Naval Shipyard. It would result in 22,000 jobs being
lost.
"We were facing double-digit unemployment and economic devastation," said
Ben Cole, president and chief executive officer of the Charleston Regional
Development Alliance.
Three years later, the report card is in. The alliance's numbers look good:
There have been more than 8,000 new jobs created and $2 billion in new capital
investment.


charleston.net

So they lost 22,000 jobs and replaced them with 8,000 new jobs and the Charleston paper says that looks good. In 1995, GRNO was struggling to continue operations but was under the jackboot of DHEC. Suppose there had been minimal cooperation with GRNO by DHEC and Exxon and suppose that GRNO would have been able to continue R&D in Charleston without active interference by the legal system. If full blown R&D could have continued in Charleston, how many good jobs, not minimum wage jobs, could have been created by now? How many skilled welders are employed in Charleston's gift shops and restaurants today? How many have left the state?

I am sure Bill Carraway appealed to the governor for help with Richardson and was refused. Well, Beasely has been voted out of office but that hasn't done us any good. He probably lost because the voters want to promote the vice of gambling, not to promote high tech jobs.

Will the Red Chinese do high tech R&D for GRNO? I haven't the foggist idea, I was only countering Zeev's preferred conversion price of 1/8 and wanted to give more credit to BC than Zeev was willing to.

;-)

Nevertheless, I do believe more needs to be learned about the GRNO process. Remember, the only successful plant capable of operation now hasn't been fully rebuilt to the latest construction permit and so GRNO does not have that new data point to use in its design algorithms. That plant will now be built in Red China sometime next year instead of having been built a year or more ago. I hope GRNO will continue to control the design process in the future.

Charles
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