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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 23, 2016 11:30pm
264 Views
Post# 25170433

Auditors

Auditors In November 2012 we approved Myers Norris & penny as our auditors.

on December11  2015 dkl and abbot certified the following:

MNP LLP, an independent firm of Chartered Accountants, is appointed by the shareholders to audit the consolidated financial statements and report directly to them; their report follows. The external auditors have full and free access to, and meet periodically and separately with, the Audit Committee and management to discuss their audit findings. 

The audit wasNOT performed by MNP even  though dkl and abbot certified that they did.  we never received the required reporting of the change of auditors to Pinaki  & Associates, LLC, as is our right. We we never approved them at any annual meeting, as is our right.


What a joke



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