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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 chattercreekon Sep 08, 2015 6:41pm
106 Views
Post# 24087265

question about company financials

question about company financialsso i look on SEDAR and SEC and dont understand who is on the board and in particular who has the proper credentials to be a CFO and also who qualifies to be on an audit committee. I understand that the SEC requires financial literacy and independence in order for a company to be public.  without these i can now see how the finanicals are in limbo and expect that there would be no light at the end of this tunnel for shareholders to get financials without a proper CFO and audit committee. Reduction of costs to eliminate those positions seems to be a false economy.
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Bullboard Posts