SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO) -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (10717)9/8/1999 11:30:00 AM
From: Charles A. King  Read Replies (1) | Respond to of 13091
 
I read the release the same way you do, that is GRNO is turning over rights to the technology in return for the "$30 million" plus royalties. There are important immediate and long term benefits in this agreement to stockholders in my opinion. That is, unless the conditions are too severe.

Note also that there is set aside for GRNO some territory in the Southeast. For this little company, that in itself could be valuable long term.

With regard to dilution, you know that your "100MM?" will eventually pop up time and again as a known fact on these threads. Such is your power to influence, Zeev.

Charles



To: Zeev Hed who wrote (10717)9/8/1999 11:35:00 AM
From: Martin Savitska  Read Replies (1) | Respond to of 13091
 
Zeev,

One thing did catch my eye on the news release.
There was a time frame stamp put on completion of the deal
spelled out. And it is a short term horizon. We should know more by the end of the month.

Regards, Marty