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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 infestoron Oct 29, 2000 10:04am
341 Views
Post# 2730031

RE: hope it comes back

RE: hope it comes backI wanted to clarify that I don't have any information to back $0.24. It is just based on hope. Genoil is a long shot, could come out of the ashes like a Phoenix or lie in the mud. In the past I have made some very good returns on companies in situations like this (> 1000% return) and also times where I lost all my investment. Time for a story.... Funniest loss I had was years ago a gold mining company was at the edge of going broke. Got enough money for one more shot. They hauled a drilling rig up north, hired a crew and started core drilling at a spot they were sure held gold. After a week of work, someone came up to them and asked them what the #$%@ they are doing on 'his claim'. They found out they were drilling on the wrong side of the river. They just sent all the workers home and left the rig there for the reciever to pick up. Life, you gotta laugh sometimes. Regards Infestor
Bullboard Posts