Genoil Inc GNOLF

Energy Oil & Gas Equipment & Services

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

Genoil Inc

Bullboard Posts

Comment by eliner63on Jul 21, 2007 2:22am

337 Views

Post# 13128065

RE: Junkets:

They have said the testing of the oil needs to be complete and the FEED study is done before a contract is signed. There are a few suitors for financing, and that won't happen until that is complete. I've got enough at this level now, saving a bit of cash for either a dip or in the fall. Hard to keep focused on the real potential monitoring these day to day movements. I'm expecting upcoming bilge cleaner sales to halt further dilution. A new law comes into affect next year that should help sales immensely.

Bullboard Posts

Changing Europe’s dependency on HREE from China