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Genoil Inc GNOLF

Energy Oil & Gas Equipment & Services
Genoil Inc. is a 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

Genoil Inc
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Post by durangoson Feb 28, 2007 11:12pm
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Post# 12331690

Why?

Why?Vango, 50 is the 20 day moving average. Do you think it has to close there or just bounce off and continue the uptrend? I think if it breaks below ,the up is broken, if it stays above a nice cup handle formation is begining.Thoughts???
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