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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?


To: Paul R Hnott who wrote (6932)4/22/1998 4:28:00 PM
From: TraderGreg  Respond to of 11708
 
With all due respect to that Washington Post of the West article, please read my earlier post on the specific things needed.

A concrete pad to soak up spillover while transferring waste and caps on existing oil wells if more than 7500 bbls per day are dumped.

The slow down is not the State requirements but the apparent difficulty in getting contracts. Must be alot of anti-govt sentiment. David Koresh or Randy Weaver followers? <ggg>

TG



To: Paul R Hnott who wrote (6932)4/22/1998 4:29:00 PM
From: kenyshoe  Respond to of 11708
 
Please keep in mind the DATE of the article,
We could be there any day!
Lets also keep in mind the positive remarks of the article . . .
I view most of this piece as "free advertising" (JMO)

PENNY STOCK FIRM GETS STATE PE ... 03/26/1998

Salt Lake Tribune

Types: Business

Published: 03/26/1998

Page: B4

Keywords: Stocks & Bonds; Businesses; UT; Enviroment

Penny Stock Firm Gets State Permit For Disposal Well

Byline: BY STEVEN OBERBECK THE SALT LAKE TRIBUNE

A small Salt Lake City-based penny stock company says it has an answer for those Utah businesses that have an extra tanker truck or two of unwanted spinach juice or septic-tank sludge sitting around.
Enviro-Tec, a unit of publicly held Coconino Inc., said Wednesday it has received the final state permit that allows it to take such nonhazardous ''Class V'' liquid waste and pump it into a disposal well near Duchesne.
''This is the first disposal well of its kind in the state and the only one within 400 miles,'' says Mike Millis, spokesman for Coconino. ''We are open and ready for business.''

Well, maybe not exactly open.
Don Ostler, director of the state's Division of Water Quality, says the company may have the permit, but it still has a lot of work to do before it can start pumping waste into the ground.
''There are major conditions attached to the permit that have to be met before they can begin to operate,'' he says.
For instance, the company is going to have to do further work ''proving up the integrity of its well'' to make sure that it does not leak and there are no connections to nearby oil wells.
Meeting those conditions could take months, Ostler says.
Millis says, ''It's just a matter of perspective. It is not as if we expect the trucks to start rolling in right now. We just do not think it is going to take that long.''
Still, Coconino President Hamlin K. Elrod released a company statement Wednesday that described launching of operations at the well a "tremendous breakthrough.''
Elrod says operations at the well means Coconino -- which to date has
generated a portion of its revenues from selling air fresheners -- ''can begin to realize the substantial revenues and profits that a unique well like Enviro-Tec's can generate.''
Coconino's disposal facility is an old oil well that no longer produces.



To: Paul R Hnott who wrote (6932)4/22/1998 5:44:00 PM
From: KZAP  Read Replies (1) | Respond to of 11708
 
If you can think of it this way maybe it would help.
They wouldn't want to 'give' anything away as far as
news of what other companies are involved and so on.
Maybe its not CSMA that is keeping the complete story
away from being released? Think about it now. CSMA is
a minor player getting their feet wet and the big boys
are calling the shots.
I'm just glad we are 'in the door' I know first hand
where that can lead. I've done repairs on a little old
ladies house and find out that her son is a big fish
at a plant that just happens to need our services also!
Small world isn't it?

I think CSMA wants to keep stockholders informed but
they have rules to follow and things are not complete
all the time. How can they tell the public everything
anyway? Do you want to see the contracts? <g>

Happy investing!

KZAP
PS-I started this post about 1 1/2 hours ago and just completed
it. Busy day.