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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO) -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (10739)9/8/1999 2:11:00 PM
From: Norman H. Hostetler  Read Replies (1) | Respond to of 13091
 
"The consideration to Green Oasis is a combination of cash, notes, common stock, warrants and an equipment deposit." From the press release. I assume that the "equipment deposit" means that GRNO will be able to start building machines right away.

+=+=+ Norm



To: Zeev Hed who wrote (10739)9/8/1999 2:12:00 PM
From: spinynorman1323  Read Replies (1) | Respond to of 13091
 
Zeev,

EDIT: I see Norm is a graduate of the E. Woods speed typing course...:) Ditto his response.

From the release....

"The consideration to Green Oasis is a combination of cash, notes, common stock, warrants and an equipment deposit. Upon
consummation, the impact of the agreement is estimated to have a value of $30 million in Green Oasis' favor,...."

I took "the consideration to" to mean GRNO will receive the described cash, stock, etc.

No dilution would be good. Maybe we have a waste oil version of inet incubator CMGI on our hands. hehe. Wouldn't that be a hoot.