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Genoil Inc GNOLF

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

Bullboard Posts
Post by redleg1on Dec 29, 2016 1:57pm
94 Views
Post# 25650791

So what's the status of the LOIs Nich?

So what's the status of the LOIs Nich?
Because that's the purpose of this board. We're almost a year since the $700M contract in China- nary a peep. Almost 3 quarters since the announcement of a $5B LOI with the potential to go to $50B with China and the ME- to an as yet unnamed country. I have hope of relisting with the announcement of the Pulac resignation and the reason behind it, but has the paperwork been done, or has the angle into Russia just been let go and no paperwork filed? How about the status of the move to Curaco? I thought it passed overwhelmingly at the AGM. If DKL really works 18 hours a day, 7 days a week, we should see some progress. Let's stay on topic.
Bullboard Posts