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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 Dec 17, 2020 7:21pm
117 Views
Post# 32136851

DUMBAZZ-"...and no one I know can get Trillion of dollars

DUMBAZZ-"...and no one I know can get Trillion of dollarsin bank credit for projects! He can and does. He can't and doesn't, that's why NOTHING HAS ADVANCED to a MATERIAL PROSPECT.

FORM 6-K Genoil Inc. 2020-0929

External sources of debt financing are not available to the Company due to its precarious financial position.
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