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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

Bullboard Posts
Post by I_luv_GVGon Oct 20, 2007 12:33am
245 Views
Post# 13608198

Genoil''s Korney to resign as director Dec. 31

Genoil''s Korney to resign as director Dec. 31Hello everyone, Genoil's Korney to resign as director Dec. 31 2007-10-19 19:05 ET - News Release Mr. David Lifschultz reports GENOIL INC. ANNOUNCES DIRECTOR RESIGNATION Genoil Inc.'s Brian Korney has tendered his resignation to the company's board of directors, to be effective as of Dec. 31, 2007. "My decision to leave responds solely to personal reasons, as other business commitments demand my time," stated Mr. Korney, "and I wish Genoil, its board and management team continued success in the future." Genoil's directors are currently reviewing candidates to assume Mr. Korney's roles and responsibilities within the corporation. In accepting his resignation, the board wishes to express its gratitude to Mr. Korney for his contributions during the period of his service. Mr. Korney previously served as Genoil's chief financial officer from September, 2004, to July, 2005, when he was appointed director. GLTA, I_luv_GVG
Bullboard Posts