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Genoil Inc GNOLF

Energy Oil & Gas Equipment & Services
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

Genoil Inc
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Comment by Millions100on Oct 29, 2017 2:04pm
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Post# 26873587

RE:RE:RE:Genoil Considered A Threat To The Oil Price By Majors:

RE:RE:RE:Genoil Considered A Threat To The Oil Price By Majors:

A few questions that come to mind

  • why wouldn't a major company buy out genoil? Or the Chinese? Or anyone else? 
  • For any deal there is a timeline and cannot be indefinite. 3 months, 6 months, 2 years, etc. It is never open ended. Which stage are we at? 
  • CTO, if you lift it then first of all Canadians might want to add to their position at these prices but you do not give them the chance to. Second, if there is a short squeeze they cannot take advantage and get some shares out after all these years.  You're not doing us any favors by keeping it locked. 
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