Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Bob Brooke who wrote (9333)	5/6/1998 10:44:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 13091

Bob, I can't help but be confused as to why you would be interested in POR's technology over GRNO's. Having spoken to POR representatives and being provided FAR LESS open and substantive documentation reference their process, I was, to say the least, underwhelmed. I have received their "flyer" masquerading as an Investor's packet and it didn't even show a picture of their processor site in Kingston, Ontario. Furthermore, POR's technology is based on the old Shurtleff process. According to my information, including conversations with one of GRNO's contacts who actually owned of them, Shurtleff processors have had several critical failures. The individual I spoke with informed me that his processor caught on fire and was a total loss. I also have been informed that a Shurtleff processor erected in Texas blew up resulting in two fatalities in the early 90's. POR's technology also is hampered by the same economic constraints as GRNO's, namely the current price of fuel oil and operational constraints relating to capacity. However, GRNO's constraints have been dictated to them by DHEC. POR's current processor, according to the company's CFO, is currently designed to operate at 400/gph. In addition, POR's process lacks current emmission controls of the efficiencies incorporated in GRNO's process. VOCs and light ends are flared off resulting in emissions and thus more difficulty obtaining requisite air permits. If you think GRNO clients have problems obtaining permits, wait until one of POR's customers are required to pony up 10s of thousands of $$$ and over a year convincing the EPA and state regulators to allow them to operate. Also, in regard to TITT, I was looking at the company almost a year ago. In fact, I carried TITT's investor's packet with me to Charleston last spring to show Bill Carraway. Interesting technology that anyone can read about here. titt.com The problem with TITT is that their "fuel" is basically an extender oil made up of various petroleum products derived from the breakdown of tires. And their claims of receiving $20-50/barrel for their fuel are HIGHLY QUESTIONABLE given the current price of petroleum products. Of course, they may be using 200-300 gallon barrels... :0) I liked what TITT has(had) to offer. However, they haven't done squat as a company and their financial situation seems bleaker than GRNO's (which is none to good in itself, I reckon at this moment). I am still amazed that these were the two examples that you picked out of any possible selections. You are a gamboling(sic) man.... Glad you are using your money on them. Regards, Ron