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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

Comment by peterap2001on Jul 01, 2021 5:04pm
123 Views
Post# 33480049

RE:RE:RE:RE:RE:GHU and Oman deal June 30

RE:RE:RE:RE:RE:GHU and Oman deal June 30I'm not as jaded as some legitimate shareholders, but after 17 years I know this is far from a done deal.  I'm waiting for revenue booked on a 6K.

However, more time was obviously spent getting ducks in a row before saying something on this one.  And money has been spent this year trying to bring financials back in line when we were at risk of being completely suspended by the SEC earlier this year.

Fingers crossed, but I would hope for more details in the coming weeks and months.  
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