Genoil Inc GNOLF

Risk & Return

[DMA123]

Having returned from a recent trip I started reading a couple of weeks’ worth of Genoil Bull board postings. Aside from the chronic negative complainers, I noticed that a few tried and true Genoil investors are starting to get frustrated with management’s lack of meaningful information being shared with investors.

Some of Mr. Romanov’s postings stated that the oil companies are afraid of Genoil’s technology. This compelled the company to work with countries like China who is only interested in having an adequate supply of oil at the cheapest possible price. Since governments do not move quickly, I am inclined to cut management some slack on not providing investors with day-to-day or month-to-month information on these negotiations. I remember a few years back when DKL would use a word like “imminent” to describe when a contract might be signed, posters jumped all over him!

My biggest complaint with management is not sharing information with regards to advancement in the bunker fuel market. I realize that confidential negotiation information cannot be released but it is imperative that management keep their investors somewhat in the loop.

I am still under the impression that DKL is working diligently to consummate contracts and to promote the company to the investment world. One must appreciate that this is a penny stock and that its huge risk could possibly beget a huge return.