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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

Post by UpPeriscopeon Jun 16, 2020 11:04am
156 Views
Post# 31155613

On October 7/2019 Davey announced:

On October 7/2019 Davey announced:

"They are completing their reports and the next step is to have meetings with the major investor that they have sourced. The Velikoye Oil Field could be the most important new oil field in Russia. There is also a possibility to commercialize the GHU technology on the site to upgrade and desulfurize the crude production from this field. This project has attracted the largest bank in the world, and they have indicated that one of their significant investors is interested to invest in the project."

Eight months have elapsed without news or update. This is the withered ever dangling carrot technique Davey has deployed since the turn of the century. With consistent non-existent results. Shameless, guiltless and absent of any follow through.
Any wonder a penny is soon to be the 52-week high?

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