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


To: Hawkmoon who wrote (11728)7/14/2001 6:57:57 AM
From: Martin Savitska  Read Replies (1) | Respond to of 13091
 
Good looking press release for GRNO. Nice to have the SEC mess behind us. Certainly has been a loooooong haul.

Read over the AEYS' quarterly report and equated two statements that possibly bode well for GRNO. They are....

"QUARTER ENDED MAY 31, 2001 VERSUS QUARTER ENDED MAY 31, 2000

Revenues for the three months ended May 31, 2001 were $1,014,335 compared to $443,974 for the same period in 2000. The increase in revenues can be attributed primarily to increased activity in Mexico."

and further down in "Liquidity and Capital Resources"...

"The short term cash flows have been inadequate to overcome the working capital deficit, thus hindering AES' ability to take advantage of slightly improved economic conditions as well as it's ability to move forward more aggressively with the Company's strategic plans. However, the Company has successfully negotiated advance payments from many customers and has pledged against letters of credit established by customers."

If AEYS can build up some short term capital, MEXICO could be our first big break. I'm hopeful that it's just around the corner. IMHO

Good luck to All.

Regards, Marty



To: Hawkmoon who wrote (11728)7/16/2001 10:09:13 PM
From: Hawkmoon  Respond to of 13091
 
FYI on St. Paul earnings warning (Gambrell and Stolz's insurance firm).

biz.yahoo.com

St Paul sees Q2 profit cut by storms, health claims
NEW YORK, July 16 (Reuters) - Insurer St. Paul Cos. (NYSE:SPC - news) warned Monday its second-quarter profits were likely to be just over half the amount expected, due to large claims for June's Tropical Storm Allison and new reserves for old medical claims.

The insurer said second-quarter earnings per share, excluding one-time items, would be in the range of 35 to 40 cents. That is well below the 75 cents expected by analysts polled by research firm Thomson Financial/First Call.

St. Paul said losses from Tropical Storm Allison, which drenched parts of Texas and Louisiana in June, would be about $50 million before tax, worth about 14 cents per share after tax.

It said continued deterioration in its health care segment for claims incurred in 1997 to 1999, but not yet paid, would also hurt earnings, in the form of a $100 million pre-tax increase in reserves, worth 29 cents per share after tax.

For the full year 2001, the company now expects operating earnings in the range of $2.50 to $2.75 per share, well below the $3.15 per share expected by analysts.

The insurer added that its U.S. insurance operations achieved almost 15 percent price increases, on average, in the second quarter, which it said would benefit results in 2002.

SPC profile:

biz.yahoo.com