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 redleg1on Jan 11, 2017 11:52am

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Post# 25694201

RE:Genoil Compared To Ivanhoe Energy:

All old data Nich. How about pinning some dates on the move to Curaco, as the Chinese contract is apparently contingent upon that. And I have to point out, DKL has plenty of self interest to keep Genoil afloat as he has a 8 digit share count. If share price goes to $100 as some forsee, and would be reasonable based on current LOIs coming to fruition, that would put him probably above Mark Z on the Forbes list. Is that altruism (or Christian charity as you call it) or is it self interest? I'm a big fan of Adam Smith, so I believe strongly in acting in self interest- it makes economies move. Just stop dressing it up as something it's not, because if Genoil goes belly up, DL would be lucky to get something more significant than a tax loss.

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