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.

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Genoil Inc > This appears to be over.

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Post by newinvestorrn1on Jan 16, 2020 10:35pm

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Post# 30563342

This appears to be over.

"I mean all of the sudden there are or is a wild rumor and two days latter the stock is suspended for two weeks? Is there a connection?" Most logical explanation is the poster had a heads up about the suspension and wanted to get rid of the shares they had. Hard to do with no volume... so why not try and kick start some intrest by starting a wild rumor. Rolled the dice and lost. Maybe I'm wrong. Will know in 14 days.

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