OTCPK:GNOLF - Post by User
Post by
stealth2622on Sep 10, 2020 9:02am
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Post# 31532195
CTO
CTO IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, c. S.5, AS AMENDED (THE "ACT") AND IN THE MATTER OF GENOIL INC.
ORDER (Section 144(1) of the Act)
WHEREAS the securities of Genoil Inc. (the "Issuer") are subject to a temporary cease trade order issued by the Director on May 9, 2014 pursuant to paragraph 2 of subsection 127(1) and subsection 127(5) of the Act, as extended by a further cease trade order issued by the Director on May 21, 2014 pursuant to paragraph 2 of subsection 127(1) of the Act (the "Cease Trade Order"), directing that trading in securities of the Issuer cease until further order by the Director;
AND WHEREAS a cease trade order with respect to the Issuer's securities was also issued by the British Columbia Securities Commission on May 8, 2014 and the Alberta Securities Commission on May 6, 2014;
AND WHEREAS the Issuer's securities are not listed on and do not trade on any exchange in Canada;