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


To: The Vortex who wrote (10526)4/5/1999 10:50:00 AM
From: John Brockman  Respond to of 13091
 
If the patent is official, how does that effect the EOS system?

environmentaloil.com

This system looks like the GRNO system.

John



To: The Vortex who wrote (10526)4/6/1999 1:47:00 PM
From: Charles A. King  Read Replies (2) | Respond to of 13091
 
I have in my possession a document stating that the patent was applied for in all EPC member countries. I count 69 EPC countries not including their "Czechoslovakia" which is also listed as Czech Republic and Slovakia. It includes China, Mongolia, Viet Nam, Republic of Korea, Democratic People's Republic of Korea, Russian Federation and other Central Asian countries, European, African, and some Latin American countries including Brazil.

I also have in my possession resumes and expert witness reports filed in Charleston Federal Court on or before March 31, 1999, and are public information. This is in reference to the malpractice case. Included in the analysis are the assumptions and facts related to the existing Charleston plant which was purchased by the GOE Plant Partnership I. There are three pages of analysis that will be posted here eventually. But the gist of the analysis are cash flow numbers using 600 gal per hour, 24 hours a day, 335 days a year (less down time), making 75% diesel at 42 cents and 20% heating oil at 27 cents. Cost of feedstock was 20 cents. Note this was before the run up of oil. NYMEX heating oil closed at 44 cents yesterday and gasoline was 54 cents. Add a few cents to get diesel.

Total annual operating costs including reserve is $402,200 and profit is $331,360. It also says

The value of each $.01 upward move in the wholesale price of #2 diesel fuel is a plus $32,000 in annual profits.

Charles