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


To: John Brockman who wrote (8265)12/20/1997 3:40:00 PM
From: Charles A. King  Read Replies (1) | Respond to of 13091
 
John, that's right, help has been retained for the benefit of foreign customers. The original GRNO plan was to focus on selling units abroad and use the capital from the profits to build its own operations division. Operations will be where the real profit will be long term.

The news release is at biz.yahoo.com

One more comment. With the stock where it is right now, we have the right to be a little grumpy. Less than a year ago, we saw it trade at 10 and thought things would look a lot different than they do now. We are still awaiting the first order and wonder what is taking so long. I think we have to assume there is bickering (i. e. negotiating) among various parties behind the scenes in each case as well as obtaining financing, permits, land, and feedstock contracts. If we knew what the details of these negotiations were, we would groan and say, "What difference does that make in the larger scheme of things?" But the individuals involved know that whatever they work out between themselves will be in place for many years and could amount to a large sum of money for them. So we just have to cool it and wait for things to play themselves out.

Charles