OTCPK:GNOLF - Post by User
Post by
hernandez15on Apr 29, 2020 12:40am
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Post# 30964855
David: Do You Remember This?
David: Do You Remember This?
"It became clear in our recent meeting with James Runyan that Genoil will not be able to build the GHU and have it installed and operating at our Woods Cross refinery within a reasonable period of time. Mr. Runyan said that Stantec will be replaced by a new outside engineering firm ( which he has not yet decided upon). Mr. Runyan described the present status of Genoil's Luke Oil project, and it is clear from what he said that Genoil has continued to put such Luke Oil project in front of the Silver Eagle GHU project as we described in our June letter to you. It is still clear that Genoil's focus has shifted to other opportunities thereby significantly delaying the Silver Eagle GHU project."