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

To: Saturday who wrote (9542)	6/16/1998 2:15:00 PM
From: Charles A. King	Read Replies (2) \| Respond to of 13091

Depends on orders. The setup needs more tankage plus cash to get a good price on feedstock. Diesel price probably is still low even with the summer driving season. If no order comes from AMBIX, I'm hoping Bill can peddle for cash some of those LPs that were turned in. Bill is a genius in squeaking out a buck while paying for the lawyers, but he can do only so much. What kills me is that GRNO has so much intrinsic value, especially overseas. I'm counting on getting the Manova order including tax relief from the Turkish government. That, along with the EPA ruling, will be big selling points overseas, IMHO. Fuel taxes overseas are very high, and as Ron points out, the strong dollar versus softer currencies overseas means that fuel costs are still sky high over there. There is strong and growing interest in environmental issues, and disposing of waste oil to generate valuable diesel is a no-brainer, good enough to qualify for some tax relief. Bill say the EPA describes the GRNO products as synthetic fuels. That official description is extremely significant. And any break from outrageous fuel taxes can be a gigantic addition to the bottom line. Another reason I'm hoping to see the Manova order is that it may trigger more orders. Homo Sapiens Sapiens is a herd animal. Charles