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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

Bullboard Posts
Comment by eliner63on Jun 16, 2005 7:59pm
468 Views
Post# 9171807

RE: insider selling, jenny

RE: insider selling, jennyHe was granted options, not shares. If the stock doesn't move up, he gets nothing for the year, so this tells me he is more than satisfied the price will climb, and more importantly he has the motivation to see it through.
Bullboard Posts