Green Oasis Environmental, Inc. (GRNO) Message Board

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

GRNO 0.00

Nov 4 4:00 PM EST

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To: Hawkmoon who wrote (10126)	11/9/1998 11:13:00 PM
From: Zeev Hed	Read Replies (1) of 13091

Ron, it sounds like a plausible "interpretation", but after having all these troubles with the SEC, I would have thought that B.C. would have learned the virtues of clear and unequivocal news releases. It is great that the converted stock is of the 144 type and not freely tradeable for 12 months. We are now talking about having some thing of the order of 8 MM shares rather than the 18 MM I mentioned in an earlier post. I wonder how long it will take Mr. Market to put a fair value on the potential earnings of the the two 1000 gallons units. At 20 PE the fair price should be in the range of $4 to $5 per share and with a good dose of IEI, who knows. By the way, is one of the units dedicated to R&D and thus not producing on a continuous basis for "profits" for some time? If that is the case, then we should lower our expectation of the fair value of the stock price. As a business man, I would have preferred cash flow ahead of R&D. As a scientist, I always like to see investments in the future of the company. Zeev

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