OTCPK:GNOLF - Post by User
Comment by
UpPeriscopeon Oct 01, 2020 11:49am
101 Views
Post# 31648974
RE:RE:Update in edgar
RE:RE:Update in edgarNothing short of pathetic stealth! Davey could have issued this update any year for the past ten. An accumulated deficit of 88 million. At Genoil's burn rate, realize how many years they have operated without revenue, and of this-how much is owed to the Family? 60-something million?
Continued commercialization of Genoil's GHU and Crystal? Continued? THERE HAS BEEN NONE, how does one continue something that has never been?
As to Crystal, how many units again have they sold? One, two at a stretch. A loaner is all I"ve heard of. In Davey's even more arrogant days, he stated via Nichy the mouthpiece they abandoned Crystal sale due to 'low margins'.
A private placement of nominally 300K? No doubt to be deployed for continued travels. Monaco awaits Davey, the virtuous girls are now in their 30s.
"Genoil has always sought to model its operations on the pre-IBM contract Microsoft."Do you realize how dated this statement is Davey. Get current with your pretentious analogies.