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

To: Ferick who wrote (9535)	6/15/1998 6:26:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 13091

Ned, that's a tough question. I think the domestic market will be slow to take off without US Gov't subsidization of the technology. But again, 1000/gph should render a unit profitable, especially if collection fees are involved. Another issue is you HAVE TO BELIEVE that waste oil collectors are HURTING in a big way from the crash in oil prices. This should make them more desperate to improve their margins anyway possible. If would also make them very attractive as acquisition candidates at this point were GRNO in the position to act in that manner. Overseas sales will have to be what saves this company's bacon for now. Foreign currency devaluations, strong US dollar, energy being denominated in $$$, high fuel tax rates all add up to a very lucrative opportunity for foreign sales. Hopefully MANOVA will prove my theory correct sometime soon. I'm just ESTATIC to have the DHEC issue resolved and EPA approval. With this ruling, GRNO will have a greater ability to sell domestic units, as well as convincing foreign buyers that US environmental agencies have basically "rubber-stamped" GRNO's technology. That's how I view our current status. Regards, Ron