To: Bob Brooke who wrote (8730 ) 2/6/1998 8:56:00 PM From: Hawkmoon Read Replies (2) | Respond to of 13091
Bob, I don't know how to answer your concerns to your satisfaction. You're looking for 100% confidence that this company will survive. No one can provide that to you and neither would you get that from any publically traded company out there. So I guess all of the new technology out there would never be bought if we followed your methodology. Well, maybe you're right, but I hope your not. In fact, I believe you're wrong about GRNO, but that is my opinion based upon my personal observations and research. And so far as I know, I don't believe the SEC has ever traveled to Charleston, SC to personally investigate the commmercial viability of the process. However, I have had several chemical engineers confirm for me that the process is sound and is an innovative design based upon known physics and procedures. It's a micro-refinery Bob... Refining is a highly established industry with a multitude of experts. GRNO has merely made a specialized micro-refinery designed to be located at decentralized facilities. It's certainly not rocket science and there are examples of the basic concept that go back to the first Thermal Cracking distillation process dating from the time they first struck oil Pennsylvania. They did pretty much the same thing to make Kerosene. However, they had problems with coking which GRNO has eliminated as a problem. Bob, GRNO is speculative at the juncture. We all know that. But at .62/share, I think the risk is pretty fair given the upside potential if they lock in signed contracts versus the downside potential to zero. Do your own diligence Bob. Take a little trip to Charleston if you have to. I don't care. But don't doubt merely for the sake of doubting. The fact that this company is still trading and people still working and answering the phone is the greatest sign that they are as dedicated to making this company succeed as its shareholders are. It kinda like kicking a guy when he's down. This company should have been bankrupt long ago. It isn't and it is a credit to BC that he has stuck to his guns for so long despite the controversy and the BS that he is catching from all sides. Just my humble opinion. Regards, Ron