Genoil Inc GNOLF

Energy Oil & Gas Equipment & Services

Genoil Inc. is technology-based company engaged in the development of technologies relating to the oil and gas industry. The Company specializes in heavy-to-light oil technology, oil field development and exploration and production. It is a provider of hydro conversion fixed-bed technology for the upstream and downstream oil and gas industry. It is also working with Chinese policy banks and Chinese companies to provide, project financing, drilling, production, and processing services to the oil and gas industry. Its technology consists of Genoil Hydroconversion Upgrader (GHU), which converts sour (high sulfur), heavy hydrocarbon feed stocks into lighter oil with higher quality distillates for conventional refining. The Company is also engaged in other technologies, such as oil upgrading and recycling, water purification port technologies, well testing, and sand cleaning. The Company markets its technology to customers in the Middle East, Russia and China.

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Genoil Inc

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Comment by sonoutlawon Mar 03, 2006 9:09pm

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Post# 10460726

RE: 6 million shares today.

I'm hoping that with the news of real contracts, these shares will go vertical like Sulphco. Sulphco, although a sham, did bring some attention to this neglected, cobweb ridden corner of the petroleum industry. There was a definate appetite for the 'uprading technology will save us from peak oil" story. Investors will now see this as the real deal and realize the potential. Sure, there may be a pullback... and there may not be. Look at the Sulphco chart. I am sure everyone is comparing our chart to theirs. It won't be too long till investors stampede in. Maybe a couple of rosy stories on CNBC, ROBTV etal.... Good Luck Longs!

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