Genoil Inc GNOLF

Energy Oil & Gas Equipment & Services

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.

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Genoil Inc

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Post by VerneBlanstonon Jan 17, 2022 11:12pm

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Post# 34327060

Revocation

III. Conclusion For the reasons set forth above, a sanction of revocation is necessary and appropriate for the protection of investors. Accordingly, the Division requests that the Division’s Motion for Summary Disposition be granted and that the Commission revoke the registrations of each class of Genoil’s Exchange Act Section 12 registered securities. Dated: August 2, 2021 Respectfully submitted, /s/ David Misler David Misler (202) 551-2210 Gina Joyce (202) 551-4850 Securities and Exchange Commission 100 F Street, N.E. Washington, D.C. 20549-6011 COUNSEL FOR DIVISION OF ENFORCEMENT

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