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


To: Charles A. King who wrote (8627)1/23/1998 3:23:00 PM
From: Marlin C. Harmon  Read Replies (1) | Respond to of 13091
 
Charles,

Have a great weekend. Hopefully, Bill can find it within the grasp of the lawyer's vision to be more open as time goes on with confidence building information.



To: Charles A. King who wrote (8627)1/23/1998 6:48:00 PM
From: MMender  Respond to of 13091
 
Charles & Ron: Great post - Just in time for the weekend. One thing that even is more important. The distributor MUST BE SURE that the QUALITY of the #2 is good enough so that it could be sold to his regular outlets. To me this is tremendously important. Eventually either South Carolina will allow a higher level of production or the unit and Co. can move to a state that will. This little announcement is the birth announcement of a viable corporation.

The baby is gushing at 250 gal/h

Regards, Eli



To: Charles A. King who wrote (8627)1/24/1998 3:50:00 PM
From: John Brockman  Read Replies (1) | Respond to of 13091
 
A question for any LP...

As we all know, without a sale GRNO has financial problems. For example, salaries (I believe Bill has hired some key players within last year), legal fees (lawyers handling the SEC thing, lawyers working the patent end, lawyers working with the World Bank, and lawyers handling everyday things), improvements/upgrades to the LP machine, and various leases, rents, etc., etc. have been incurred. Where are the funds coming from to pay all these and other expenses? The Green Machine is supposedly operational and pumping diesel at a rate around 275 gph. The money from the sale of the diesel, does it all get distributed to the LPs or just a portion or is it being used to pay some of the expenses? My concern is financing, where are the funds to keep operational until a sale coming from, can Bill use money from the diesel sales, and how much longer can GRNO continue with a cash flow problem? If any LP or anybody else has the answer please post or email me. If no one has an answer I will call the co. and ask.

Thanks

John

PS Where is Norm?