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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 hernandez15on Oct 15, 2020 1:42pm
100 Views
Post# 31722051

Genoil & Oil-Water Seration Buiness: does it exist?

Genoil & Oil-Water Seration Buiness: does it exist?It does NOT exist.
Why?
Paul Costinel and the oil-water separation team have severed their relationship with Genoil since those days when David and Bruce were living in UAE. Paul asked to be paid but David did not pay him and his team, Paul said If Bruce was flying his inlaws first class back and forth/ to/from UAE and was hosting them in a suite in an expensive hotel, everything was paid by Genoil money. Paul got very disappointed that he's not been paid while Danjilla, Bruce's wife was paid $180,000/year as Marketing Director.
Anyone would do the same if he/she finds this deep corruption and ineptness.
I raised the issue on this board that Genoil was not able to sell a single oil-water separator, David replied saying there is not much profit from oil-water separation biz. He - as usual lies- did not mention what happened with the team.
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