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

To: Charles A. King who wrote (9476)	6/5/1998 11:20:00 AM
From: carl	Read Replies (2) \| Respond to of 13091

FYI - I thought this news release might be of interest to fellow shareholders as it discusses the increasing use of diesel fuel in autos (after you get past the BAT promotional material). Carl NEWS RELEASE: Has the Time for a New Generation of Diesel Engines Arrived? BAT Has Been Saying Yes; Now the World Seems to Agree BURBANK, Calif., June 4 /PRNewswire/ -- On January 15th and again on February 10th, 1998, BAT International (OTC Bulletin Board: BAAT) completed runs with an independent certification team (including Roger Ward, 2 time Indy 500 winner) at California Speedway to demonstrate that a Detroit built sedan could get over 90 miles per gallon (at 40 m.p.h.) on a gallon of fuel. BAT used a standard production four door Geo Metro and an off-the-shelf Yanmar 1.5 liter direction injection diesel engine modified with BAT's proprietary Dolphin Pulse Charge technology (see press release dated 2/11/98 at our web site www.baat.com). BAT was heavily criticized at the time by both the media and engineers for suggesting the use of diesel engines to meet national efficiency goals. Now the tide appears to have turned and national research organizations such as the National Research Council and the major auto companies are suggesting that the only sensible approach to achieve national efficiency goals is to re-introduce an advanced generation of new diesel engines, fuels and emission control technology. The debate over next generation super-efficient drive technologies for 21st century vehicles is very real and relates to some important drive system alternatives. Many have suggested that the answer lies in using a hybrid electric vehicle drive that combines internal combustion engines and electric drives. BAT has long ago concluded that hybrid electric drives are likely to be too complicated, expensive and require significant infrastructure investments to succeed in the market. Instead, BAT has focused most of our research efforts on developing a small, powerful, super-efficient, very clean diesel engine. BAT's strategic focus, which was once criticized, now seems to match the prevailing view as evidenced by several recent articles on the future of automobile where they note that diesel may be the answer. On April 16th, 1998, the Dow Jones News Wire reported the following: "A National Research Council (NRC) report released Wednesday said the hybrid electric vehicle's major stumbling block may lie in the vehicle's affordability and the ability to meet emissions standards. The NRC said while the hybrid electric vehicle is technologically advanced and could meet many of the PNGV's goals, the vehicle would likely be too expensive for the U.S. market. The report also said major technological advances will be needed to control engine emissions. The NRC said any money saved because of gains in fuel efficiency probably wouldn't offset the price of the car, which would require costly battery, power conversions and electronic-control systems. The report also said owners of the car might face higher maintenance costs because the hybrid cars are so complex. The NRC said the PNGV program should be expanded to include the development of lightweight, conventional vehicles built with advanced diesel engines and other improved technologies. Such vehicles could reach up to 60 miles per gallon and cost about the same as today's vehicles." "The National Research Council is a private non-profit institution that provides independent advice on science and technology issues under a Congressional charter and reviews the PNGV program annually at the request of the participants. The PNGV program was initiated in late 1993 by President Clinton with the goal of substantially improving fuel efficiency & enhancing productivity and competitiveness of the U.S. auto industry." Dow Jones News Wire, Reprinted by Permission A more recent article appeared in the May 17th issue of the Los Angeles Times which has the following excerpts: "U.S. Automakers are laying the ground work to put millions of diesel engines into sport utility, pickups and other passenger cars over the next decade for the sake of fuel economy" ... "further engine refinements, cleaner fuels and better catalysts could put to rest diesel's dirty legacy". The article further states "The Big Three automakers see diesel engines as the quickest way to improve fuel economy in their gas-guzzlers for the least investment" ... "Diesel could also help the United States comply with the international global warming agreement reached last year in Kyoto, Japan". Rod Tabaczynsky, Director of Ford's Engine Research Laboratory said "In my opinion, there's a high probability that diesels will make a come back." The LA Times article also states "In the early 80's, General Motors set back diesel a long time by introducing the Oldsmobile equipped with a diesel which was a lemon". In Europe and Asia, diesel engines are readily accepted and are in approximately 25% of new cars. After BAT completed its Dolphin Pulse Charged diesel test run in January and February, much of the response came from Europe and Asia. Consequently, BAT's commercialization efforts are presently being targeted in these areas. Copyright 1998, Los Angeles Times, Reprinted by Permission The conclusion of the LA Times article stressed that the key to the future of diesel is greater efficiency and cleaner fuels. BAT has already made considerable strides in these areas with more advanced designs expected to be showcased and demonstrated this summer. BAT would like to see Dolphin Pulse Charged engine technology in commercial use within one year. This press release contains forward-looking statements that should not be used to make an investment decision. Please refer to our web site and other sources for more detailed Company information. SOURCE BAT International CO: BAT International ST: California IN: TRN AUT SU: 06/04/98 09:30 EDT prnewswire.com

To: Charles A. King who wrote (9476)	6/5/1998 1:24:00 PM
From: Charles A. King	Read Replies (1) \| Respond to of 13091

From the Charleston paper, an article about DHEC. Irate senators slam DHEC, kill 7 environmental bills Friday, June 5, 1998 By ARLIE PORTER Of The Post and Courier staff State senators did not budge from their objections to state environmental regulators lowering water quality standards, and seven environmental bills were killed Thursday as a result. "They're dead. They're gone," said Doug Bryant, commissioner of the S.C. Department of Health and Environmental Control. Bryant said the bills were universally accepted and included provisions like prohibiting oil filters from being dumped in landfills. They also included expanded state recycling measures, he said. DHEC, however, was slammed by senators who questioned the agency for lowering water quality standards, including in the Cooper River. DHEC failed to justify the need to lower standards, said state Sen. Phil Leventis, D-Sumter. Leventis and Sens. Arthur Ravenel, R-Mount Pleasant, and Glenn McConnell, R-Charleston, were also suspicious of the lobbying campaign waged by industries to lower water quality standards. Those lobbying to lower standards included the S.C. Manufacturers Association, the Berkeley County Water and Sanitation Authority, the Charleston Commissioners of Public Works, the North Charleston Sewer District and Westvaco Corp. of North Charleston. The Charleston-area industries and wastewater utilities were concerned with studies that show the Cooper River is at or already below state water quality standards, and persuaded DHEC to lower standards, thus allowing more waste discharges into the river - if they prove no harmful effect upon aquatic species. "We believe DHEC is much too cozy with industry and doing the bidding of industry. They're sitting together in the gallery now," Leventis said in a phone interview. "It would be fair to say that DHEC is on notice that although they see themselves as the champions of the environment, others don't see them that way," Leventis said. "The trend for the country seems to be to clean up things, and in South Carolina, it's to let more pollution in our rivers," McConnell said. Last-minute negotiations focused on the Office of Ocean and Coastal Resource Management, a formerly independent state agency that was placed under the DHEC division of Environmental Quality Control. Nancy Vincent, a spokeswoman for the S.C. Coastal Conservation League, urged DHEC to support returning Coastal Resource to its independent status, but talks fell through. Bryant said that it's appropriate that Coastal Resource fall under the DHEC deputy director. A disappointed Vincent, however, said that's to keep the agency from objecting to DHEC's lowering of water quality standards. Bryant was disappointed, too, that DHEC legislation, which was worked on for a year, failed because of Senate objections. "It's not a good situation for the people in the state when pieces of good legislation are killed out of hand like that," Bryant said. Arlie Porter covers Charleston County. Contact him at 937-5548 or at porter@postandcourier.com Copyright c 1998 Charleston.Net. All Rights Reserved. charleston.net The parts that chap my cheeks are the prohibition of oil filters in landfills (GRNO wants to dispose of crank case oil itself, for goodness sake!)and the part about DHEC rolling over for industry. Once again, it depends on who you are. It will be interesting to see the Sierra Club's legislation next year. Charles

To: Charles A. King who wrote (9476)	6/5/1998 2:01:00 PM
From: Charles A. King	Respond to of 13091

Another article about the Turkish governmental politics says this: Yilmaz in April announced an earlier bid to set up a pre-election government but he was forced to drop the plan under pressure from government members and the media. Turkish financial markets welcomed the accord between Yilmaz and Baykal, rising more than six percent on Thursday and another 1.69 percent on Friday. infoseek.com:80/Content?arn=a0444LBY451reulb-19980605&qt=turkey&col=NX&kt=A&ak=news1486 Charles