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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
Comment by peterap2001on Oct 31, 2017 10:44am
92 Views
Post# 26881405

RE:RE:How To Break The 250 Million Share Naked Short:

RE:RE:How To Break The 250 Million Share Naked Short:A cert cannot be borrowed by the broker dealer to make delivery with because it is a paper cert held by the client.  Normal shares are held by the BD in the client name, and their shares can be borrowed from inventory to make delivery through DTCC when someone opens a short position.  A paper cert removes it from this pool, but it is harder and harder to get a paper cert issued.
Bullboard Posts