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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

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Post by UpPeriscopeon Sep 10, 2020 10:13am
101 Views
Post# 31532673

Caveat Emptor still applies to Genoil.

Caveat Emptor still applies to Genoil.

according to OTC Markets criteria.

Removing CE status MIGHT explain why Davey has allegedly brought this train wreck current. But of course he'd like shareholders to believe he's about to release a flying pig from his hat. And of course Gapperscum and company all over it. 

Check all that apply:

The Caveat Emptor Designation may be assigned when OTC Markets becomes aware of one or more of the following:

 
  • Promotion — The security is the subject of stock promotion that may be misleading or manipulative. Promotional activities may include news releases, spam email, and newsletters, whether they are published by the issuer or a third party. See OTC Markets Group's Policy on Stock Promotion.

  • Investigation of Fraud or Other Criminal Activities — There is an investigation or other indication of fraudulent or other criminal activity involving the company, its securities or insiders.

  • Suspension/Halt  A regulatory authority or an exchange has halted or suspended trading for public interest concerns (i.e. not a news or earnings halt).

  • Undisclosed Corporate Actions — The security or company is the subject of a corporate action, such as a reverse merger, stock split, or name change, without adequate current information being publicly available.

  • Other Public Interest Concern  OTC Markets Group may determine that there is a public interest concern regarding the security. Such concerns may include but are not limited to promotion, spam or disruptive corporate actions even when adequate current information is available.

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