Penny and others here. I have just concluded two very inpressive conversations about GRNO. First I talked to the General Manager of CCP Ryan and then the CEO, of GRNO ,Peter Margiotta,called me and we had a great discussion. Ryan told me the company was swamped dealing winth increasing the value of current properties under CCP umbrella along with having multiple acquisition targetsthey are very excited about that will become part of GRNO very soon.
Mr Margiotta had to be somewhat guarded in what he said.However what he did say and the way he stated it reconfirmed we are dealing with a real company that will reach market valuations consistant with the execution of the business model. I was encouraged to hear that the buying support that has been lacking over the last couple weeks should be noticably on the improve over the next 3-10 days. I know it has been discussed here the use of mobile processing equipment being part of the future of this company. My take is by the time the weather improves ( about a month away) to the point where mobile processors will be needed and generate a source of revenue it will be clear GRNO have this equipment to take advantage of this technology that was mentioned 2 pr's back. In that pr they mentioned this as being within the next few months. He described how processing oil this early in the year typically doubles the cost of conversion so they want to wait about a month to start on the 70,000 barrels they currently have stored.
The uplisting was briefly discussed just to confirm to me the plan being in motion. Aldo, inour last converation , said by first of summer and maybe even as soon as 3-4 months. I will stick with my comment in my last summary that at least 2 more LOI's are in GRNO's NEAR term future. Greater exposure about the valuations of the company is a high priority right now and they will be addressing that via a third party assessment as quickly as it can implemented. Moreover the company will be putting forth updates about financials, I don't have a precise time frame on this, but its of particular interest in my next discussions with the company.
Without hyping the company the CEO explained to me quite matter of factly that GRNO is a very real and steadily growing company with assests and are ramping up rapidly. I have said this before but I am more convinced than ever this next 4 weeks will be huge for the company and should end up with a much higher PPS for those of us in the stock now and those buying in as the company discloses more and more. I can think of at least 2 major developments that aren't completely etched in stone but I expect the company to address within the next couple weeks.
In summary: this has been the most informative and positive combination of exchanges I have had to date with the company. Partly because I got to hear about the business from the general manager and the CEO..though thier eyes. It is indeed inpressive..sea all JMHO
