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


To: Ferick who wrote (9121)4/8/1998 12:59:00 PM
From: R KIEFHABER  Read Replies (1) | Respond to of 13091
 
My 2 CENTS !

I can't blame anyone for being frustrated, but yes we must be level headed. Selling at 25 cents certainly would not be the level headed thing to do!

Fact: BC and GRNO have no control over the cost of waste oil or the rack price of the refined product. However, I think you will all agree that these prices are temporary. In 6 months to a year with a normal winter the process should again be profitable at any level of production.

Fact: GRNO stands to profit approximately $1M for the sale of one refinery. The profit margins overseas (Turkey) for the refining process is still appealing.
Not to mention the one firm order that we have a $100,000 (nonrefundable) deposit on. Of which half is Bo O'Brian's money, a very knowledgeable GRNO investor.

Opinion: I would rather BC lay off people and trim the fat. While we wait for the sales to generate and the oil prices to return to their pre:El Nino levels, rather than dilute the number of shares at these prices.

Fact: Yes, things could be worse, BC could walk and we would all be
S.O.L. .

As long as BC keeps going to work every day and Bo keeps kicking in his money I'm stickin with them.

Just trying to be level headed,
BOB K



To: Ferick who wrote (9121)4/8/1998 1:27:00 PM
From: Doc  Respond to of 13091
 
Ned,
Whatever you do, DO NOT ship that oil in a Union Pacific tank car 'cause by the time it gets there it will have reverted back to it's original crude form.

I still believe in GRNO !

Doc.