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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

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Post by UpPeriscopeon Oct 10, 2019 7:43pm
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Post# 30219917

A fly on the wall would like to know more details of the

A fly on the wall would like to know more details of the compensation package. The wording is now quite familiar.

"In connection with his employment, Andrey has been granted five hundred thousand (500,000) stock options pursuant to the Company's stock option plan, such options being exercisable at US $0.10 per share and vesting over five years, with 100,000 vesting at the anniversary date of each year of employment.

There are many here with 2,3,4 times the options grant to 
 Andrey. 
 
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