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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 21, 2015 12:25pm
80 Views
Post# 24040260

Shareholder equity and massive dilution at a penny

Shareholder equity and massive dilution at a penny Tens of millions of shares have been issued, millions more shares of dilution has occurred due to conversion prices adjusted and millions Nd millions of options granted since 2013. 

How can one value this company, or even trust management, with such a lack of transparency and lack of  the most basic compliance?


Bullboard Posts

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