| Business Summary | | Green
Oasis
Environmental
Inc.
was
organized
initially
to
acquire
distribution
rights
to
various
products
within
the
environmental
industry.
In
February
1992,
Green
Oasis
acquired
from
Waste
Energy,
Inc.
(Waste
Energy)
the
rights
to
distribute,
throughout
much
of
the
United
States,
as
well
as
Australia
and
New
Zealand,
products
that
were
intended
to
process
waste
crankcase
oil
and
trash
into
a
fuel
that
would
power
a
diesel
generator
to
produce
electricity.
Green
Oasis
developed
marketing
material
for
this
system
and
established
a
sales
network
of
some
30
independent
contractors
to
represent
the
products
in
the
acquired
markets.
In
August
1992,
without
ever
having
produced
a
functioning
product,
Waste
Energy
filed
a
bankruptcy
petition
under
Chapter
11
of
the
U.S.
Bankruptcy
Code,
a
proceeding
that
was
converted
to
Chapter
7
in
December
1992. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GRNO
is
a
development
stage
company
engaged
in
product
design,
development,
testing
and
production
activities
and
in
the
marketing
and
distribution
of
waste
oil
refining
equipment.
For
the
nine
months
ended
9/30/97,
total
revenues
totalled
$1.3
million,
up
from
$37
thousand.
Net
loss
before
extraordinary
item
and
applicable
to
Common
fell
6%
to
$404
thousand.
Results
reflect
the
sale
of
one
waste
oil
unit
to
GOE
Plant
Partnership
I,
partially
offset
by
higher
shareholder
relations
costs. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1996
Compensation | | Pay | Exer | |
| William Carraway, 53 Pres,
CEO | $129K | $140K | Mary Ann Anderson Carraway, 49 Sec. | -- | -- | Dollar amounts are as of 31-Dec-1996 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|