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 B2moiston Apr 09, 2018 3:20pm

132 Views

Post# 27854788

RE:RE:Great news...

Of course a whopping 1.2M shares trade and doesnt budge the price an iota.

This same press release 10 years ago would have driven it up into the Dollars/share.

Let's sit back and wait for 30 days to see what happens (which in GNO terms is probably a few months before we hear anything if at all).

Before any of you think I am being negative, please know that I am still long on this stock, but until the PR-to-following-through ratio is anything greater than 1:0 !!! I will chalk it up to another 3 years until the next PR.

I am really curious though on what DL's alternative plan is for our Canadian Shares in order to avoid the ASC idiots.

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