SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO) -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (8893)3/8/1998 10:53:00 AM
From: Hawkmoon  Respond to of 13091
 
Zeev,

According to the numbers I ran on over a year ago, I figured out that GRNO's processor is being price in such a way that the customer would be able to pay off the purchase price over a 3-4 year amortization with room left for hefty profitability.

And the last I heard, the tax loss carryforward was something like $5-7 million. So at least the first couple of sales should hit directly to the bottom line.

And again, reference actual price of manufacture, I believe that the main alterations to increase capacity involve the diameter of the distillation column and the available surface area in the condensation trays. This is a relative simple and inexpensive change. The only other change I could foresee taking place would be increasing the size of the HRU in order to extend residence time since more volume is being pumped through, as well as up-sizing the Thermal Oxidizer.

One last point, during my last trip to Charleston, It was suggested that no 1000K units would be manufactured in a semi-trailer. They would be fixed installations built in a modularized form at the out-sourced vendor. These component will then be delivered to the installation site and assembled in a building.

Over all, I really favor this deal as it is important to get the manufacturing process underway and streamlined. I don't care if the last remaining $1 million comes over the course of several years. Bear in mind payments will be made monthly at 8% and that's quite a load to bear in interest. I would want to pay it off as soon as possible as I have better things to do with that $80,000 in annual interest.

And I don't care if we have to do a similar deal with another party. I just want this company to be able to say it is reborn.

Regards,

Ron

Regards,

Ron



To: Zeev Hed who wrote (8893)3/8/1998 11:09:00 AM
From: Michael L. Voorhees  Read Replies (1) | Respond to of 13091
 
Zeev's statements about patents, I think, apply quite appropriately to GRNO. I still believe, that this entire affair is predominantly political. That is, delays on the patent; halting trading, being forced to be excessively restrained on press releases, lack of domestic clients, etc, etc. Some big corporate sugar daddies are pushing some buttons in Washington. It appears to me that GRNO better do some big corporate politicking. Somebody seems to have p*ssed the wrong people off. It truly is sad to see the "state" of our greedy nation's lack of concern for the little company when that is precisely the entity that has made this country great.