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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

Post by drydockon Oct 17, 2019 10:10am
156 Views
Post# 30239702

Big volume

Big volumeYesterday’s big volume of 240,000 was nearly covered totally by shorts. Today’s volume is already at the 60,000 average. The shorts can’t keep it up that long, the price means nothing if the shorts can’t cover. One deal with any income will take the lid off. All that volume is there because people know something is brewing. Naysayers are right, time is ticking but it is ticking forward and price really means nothing, its volume and short coverage.
  https://www.otcshortreport.com/company/GNOLF

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