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.

OTCPK:GNOLF - Post by User

Genoil Inc

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Post by redleg1on Dec 02, 2013 10:57am

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Post# 21959607

more on the stop trade

I found a little more on the trading stop here:

https://www.hispanicbusiness.com/2013/11/29/tsx_venture_exchange_daily_bulletins.htm

GENOIL INC. ("GNO") BULLETIN TYPE: Halt BULLETIN DATE: November 29, 2013 TSX Venture Tier 2 Company Effective at 5:00 a.m., PST , November 29, 2013 , trading in the shares of the Company was halted at the request of the Company, pending news. This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada , the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.

Here's the link to 10.9 (1)

https://www.iiroc.ca/industry/rulebook/Documents/UMIR1009_en.pdf

Not sure what any of that means- can someone translate?

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