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


To: Hawkmoon who wrote (10126)11/9/1998 9:54:00 PM
From: R KIEFHABER  Respond to of 13091
 
YeeeHaa!!!Didn't think Bill C would sell the farm.

Ron I agree with your opinion 100%.

As I said before our new LV partner is not a "vulture financier"
type and has more to gain by the success of GRNO than it's demise.
Essentially we are all on the same team for now.

This is a win win situation for all parties involved.
When the dust settles and all preferred are converted we should
have less than 10M common shares outstanding. Hopefully by then
we will be profitable.

The next order of business should be getting back on the BBoards.
This in my opinion will get us back to the $1-$2 dollar range.

I hope the fine people at the SEC are keeping up with all the
recent news on our little company. Sure doesn't look like their
accusations of Bill C defrauding investors will carry much weight
anymore.

Day three and still feeling good !! Go Bill C.!!

Good evening to all,
BOB K





To: Hawkmoon who wrote (10126)11/9/1998 11:13:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 13091
 
Ron, it sounds like a plausible "interpretation", but after having all these troubles with the SEC, I would have thought that B.C. would have learned the virtues of clear and unequivocal news releases. It is great that the converted stock is of the 144 type and not freely tradeable for 12 months.

We are now talking about having some thing of the order of 8 MM shares rather than the 18 MM I mentioned in an earlier post. I wonder how long it will take Mr. Market to put a fair value on the potential earnings of the the two 1000 gallons units. At 20 PE the fair price should be in the range of $4 to $5 per share and with a good dose of IEI, who knows.

By the way, is one of the units dedicated to R&D and thus not producing on a continuous basis for "profits" for some time? If that is the case, then we should lower our expectation of the fair value of the stock price.

As a business man, I would have preferred cash flow ahead of R&D. As a scientist, I always like to see investments in the future of the company.

Zeev