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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 riders34on Aug 03, 2015 10:25am
75 Views
Post# 23984563

Developments since 2008

Developments since 2008Since DKL took over in 2008 , there has been zero sales, zero revenue, zero r&d and unpaid landlords, lawyers, and others. Financials, if ever issued, will bear this out.  One would guess that Two hills will be heading back to the county soon for unpaid taxes.


Shareholders have been screwed while they have constantly repriced  their debenture conversion down, took all company cash to pay personal expenses and issued millions of shares and options  to themselves.

That is why this company is insolvent and has only a penny stock value.

And DKL and Bruce are fooling nobody with their Bb aliases. 

The Chinese contract must be a sham as well, since there has been no peep since March.



Bullboard Posts

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