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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

Comment by hohuminvestoron Jan 07, 2022 2:04pm
98 Views
Post# 34293942

RE:RE:RE:"Genoil is one of the greatest companies on Wall Street." If

RE:RE:RE:"Genoil is one of the greatest companies on Wall Street." IfI have no clue who the rhodes scholar is, and wouldn't make a specific comment anyway, unless I had a profesional relationship with him/her.  And then it would be confidential.  I'll leave it to general observations.

I will say though, it takes some kahunas to announce not one, but two several billion dollar deals, involving multiple countries, having announced having worked on details of one for over half a year, and announcing it will be done in Dec.  Then rumor has it, it will be announced by management in January.  By a penny stock.  One with an apparent histroy of dubious claims, and no proof of anything.

One of two things will happen.  This will be the biggest stock story of the year or decade, or there will likely be serious consequences.  When I ask myself why would they make up not one but two deals like this, with a stock that I can't even tell if it trades?  I can't think of a reason that benefits them.  Not for that type of risk.  It's not going to budge with no proof.  So why would one expose themselves to such risk with such an easy deal to debunk?  I can't answer that.  So I'm curious.
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