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.

OTCPK:GNOLF - Post by User

Genoil Inc

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Post by nrguyon Mar 01, 2002 2:02pm

272 Views

Post# 4830807

Technicals look great, regardless of good NR

Ignoring the great news release today, the technicals are screaming "buy" today. Nice build-up in volume in the last several sessions. A pretty decent day today. I predict an increase in volume as we get closer to the close. Might touch 0.22+ today if the block @ 0.21 gets cleared... slowly chomping away at it.

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