OTCPK:GNOLF - Post by User
Post by
Jackroyon Feb 12, 2001 10:55am
190 Views
Post# 3303100
Sand washing plan
Sand washing planYou can tell some people something a thousand times and they just don't get it. Genoil has given up on the sand plant. It is owned by $20,000,000 of creditors. Read the press release - made a deal with CE3 receivers. It is done, finished, kaput. Genoil has $1MM cash - do you think they are going to spend it on a sand plant that has $20,000,000 in trade creditor debt alone. Give you heads a shake.
I can't believe you guys. Lets see how long before someone posts "say, how long before Genoil gets the sand plant on stream"