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


To: Robert Korn who wrote (10122)11/9/1998 8:51:00 PM
From: Zeev Hed  Respond to of 13091
 
This is actually great news, the conversion rate is FIXED at $.75/share, namely the whole $1 MM investment will increase the number of shares by only 1.333 million shares. B.C. outdid himself on this deal.

Zeev



To: Robert Korn who wrote (10122)11/9/1998 8:55:00 PM
From: Zeev Hed  Read Replies (3) | Respond to of 13091
 
Robert, they may have to issue a clarification to the clarification:' All investments by Qingdao Asia-Pacific Motorcar Co. Ltd. are
in US dollars and the purchase of the Series B Convertible Preferred stock directly
relates to the scheduled budgeted investment of $3 million dollars US in China by the
China joint-venture Partner to the benefit of the joint-venture company,
.

Does that mean that the $1 MM dollar contemplated to be invested in GOE actually all goes to the Joint Venture?

Zeev



To: Robert Korn who wrote (10122)11/9/1998 9:05:00 PM
From: okee-boy  Respond to of 13091
 
Robert,

Thanks. This is butt kicking PR. See you at the next share holders meeting.

Good luck to you and all.

okee-boy