Genoil Inc GNOLF

RE: valuation

[junkets]

If you only use the stock price to judge the progress, then you have to be disappointed. There were about 9 million votes cast against management and that selling volume must be sucked dry. That will take time. The last two announcements were promising, yet were met with selling on any strength.

But... we know that HYT and Romania are still moving and are motivated customers. We have probably the largest company in Turkey involved with Crystal Sea technology. The real negative at the moment is that the stock price is so low that the company cannot use it to raise meaningful capital.