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


To: Hawkmoon who wrote (7863)11/19/1997 8:46:00 PM
From: John Chylek  Respond to of 13091
 
Ron, are you saying Turkey is ahead of its time?

John



To: Hawkmoon who wrote (7863)11/19/1997 9:15:00 PM
From: Charles A. King  Read Replies (1) | Respond to of 13091
 
Ron,

I am enthused about the Turkey business, but I prefer not to anticipate numbers just yet. The news release said, "the collection of a potential 300,000 million tons of waste oil annually in Turkey" and while I was initially pleased to see that number, I feel we have to admit that number is wrong.

Let's do a sample calculation. Let's say the typical machine sent to Turkey processes 8 million gallons a year. Let's say there are 279 gallons of waste oil per metric ton. Using the number 300,000 million tons annually gives me 10,462,500 machines GRNO would sell just to Turkey. I don't think so. ;-)

I think somebody slipped Bill a goofy number.

Charles