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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

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Post by junketson Mar 25, 2010 1:07pm
773 Views
Post# 16923952

One reason to own Genoil

One reason to own GenoilJason Adelman owns about 13 million shares based upon the last SEC filing.


JasonAdelman is Founder and Senior Managing Director of Burnham Hill Partners LLC("BHP") an investment and merchant banking firm headquartered in NewYork City. Mr. Adelman has extensive financing and merger and acquisitionexperience, typically involving complex balance sheets and operationalrestructurings. Prior to founding BHP, Mr. Adelman was Managing Director ofInvestment Banking in the New York office of H.C. Wainwright & Company,Inc. Mr. Adelman began his career at Coopers and Lybrand LLP where he worked inthe financial services industry consulting practice, with a particular focus onthe hedge fund industry. Mr. Adelman is also the co-founder and a ManagingMember of Cipher Capital Partners, a private investment entity that hasinvested, through its managed accounts, approximately $250 million in capitalsince 2006. Mr. Adelman graduated from the University of Pennsylvania with aBA, cum laude, in Economics (1991) and graduated from Cornell Law School(1994), where he was Editor of the Cornell International Law Journal. Mr.Adelman also serves on the audit and compensation committees of Trio-TechInternational, an Amex listed company.


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