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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 Ponzihunteron Jan 11, 2019 12:15pm
103 Views
Post# 29219210

Here's the Point

Here's the PointWhen a company is issued with a CTO, and doesn't quickly take action to remove it, there's a problem.  In this case, the CTO's lasted for years, and there really doesn't seem to be any hope it will ever trade in Canada again.  The company doesn't appear to care.  For some reason, the US over the counter market continues to allow trading in this company, but the reality is that Genoil is not a "going concern" operation.  It is defunct.  With the stock not trading for a few days, all that someone needs to do is post the SEC stop trading thing, and all of the active "investors" actually take it seriously.  That confirms that even those people believe this company is nothing more than phantom.  As for referring to Americans as idiots, well they elected Donald Trump as their leader, so . . . yes, . . . the "majority" of Americans are now confirmed as "idiots".
Bullboard Posts