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

To: John Crovelli who wrote (8098)	12/3/1997 8:38:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 13091

John, I think it is hilarious (and if BC is reading any of this, likely does as well..:0) to believe that anyone expect to fully amortize a piece of equipment over one year. There is no tax incentive here. Customers will naturally space financing costs over a period of time in order to maximize profitiability. As for reliability, the most sensitive components vulnerable to wear seemed to be the pumps. I-D pumps are designed for refinery use at high temperatures and from what I have found through independent research, reknowned for reliability and consequently their higher price.. :0) Those who have seen the processor first hand may remember that their are relatively few moving parts to break and wear down. And if they do, the systems are usually redundant and don't interrupt production for any great period of time. One of the financing arrangements that has been discussed in the past is through the use of "lease" financing, wherein a leasing company purchased the equipment and the customer leases it from them. BC had discussed using this technique in the past in order to maintain arm's length distance when installing them under GRNO control. Distribute the risk as well as permitting GRNO to effectively sell machines to "itself", ie: for its own purposes, in order to capture the full purchase price and pay this down over the course of several years. If GRNO built a machine to be owned, operated, and financed by GRNO, ie: not arms length, I believe this would negate their ability to lock in full purchase price and the equity value of the equipment would only be equivalent to cost of manufacture. I probably have this disconbobulated somehow, but you accounting specialists out there can likely clarify the issue and tell me what I really mean to say.... :0) Finally, let's face it. The TRULY profitable marketplace is overseas where the price for #2 diesel is even higher and incentive even greater to have GRNO technology. Turkey is apparently even working to alter their environmental LAWS in order to incentivize the formation of an adequate waste oil collection infrastructure. (At least MANOVA seems to working the legislative "crowd" to push for this change) Turkey has 4 major problems, growing economy, lack of energy of all kinds, inadequate infrastructure for dealing with waste oil, and a geo-political reality wherein they are twisted by the political wind of high-power "Oilgopolies" (how's that for creative coinage??... :0). I believe that this is why MANOVA stands a good chance of receiving due consideration and support in a country which also has become acutely aware of environmental issues. Just my humble opinion. Regards, Ron