Wescorp Energy Inc WSCEE

Genoil

[cerebus]

It is interesting to see another Company in the development stage with upgrading technology. They are obviously further ahead than us as they are in the process of developing a commercial upgrader through a joint venure. From a review of their recent financial statements: The cost of their pilot upgrader $3.7M (WSCE projection - 500K - 1M) Operating cost of upgrader - $800K Q1-05 Fully diluted ~ 224M (~ 4.5 times WSCE)shares currently trading at $0.32USD Assuming our technology is comparable (hopefully better) then obviously we are currently undervalued just based on Ellycrack which has been proven on small scale (Norway Viscositor) I think the boys out west might be right when they keep saying we are sitting on something big. Heavy oil upgrading technology sure looks like it is a hot area right now. Genoil confirms the value that can be realized when heavy oil is upgraded.