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.

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Genoil Inc

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Comment by chattercreekon Jan 09, 2015 12:56pm

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Post# 23302627

RE:RE:RE:RE:Time for Action

"...though the Lifschultz Familty stuck by the company continuously increasing their position by investment, by taking their salary in non-cash payment, etc...." Their failure to file reports even though you yourself says they take their salary through non-cash payment is proof. All those shares for debt settlements for "salaries" must have gone to Bruce, DKL and his family members. Public financials would prove it but Genoil will never file them.

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