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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
Comment by B2moiston Sep 03, 2015 10:19am
93 Views
Post# 24074955

RE:Buying more shares

RE:Buying more shares You are kidding right? If you are new to the board and haven't read any previous posts then you are somewhat forgiven. Otherwise the answer is NO and NO. There are posts that discuss this ad nauseuam over the past year and a half. We have been waiting for 22 weeks now since DL said that "auditors doing final spot checks". We have gone from "almost completed" audit 8 months ago.... to.... final spot checks 5 months ago...to... now going to roll in 2014 financials as well to be efficient 3 months ago . . . to .... where we are today with no filings/updates/removal of trade restrictions. NOTHING. The next response I expect will be that GNO is now including Q1 & Q2 2015 in the overall audit. Then in December when nothing has been filed yet we will get the response "It is more cost efficient if we wait and do Q3, Q4 and fiscal 2015 as well.
Bullboard Posts