Genoil Inc GNOLF

Energy Oil & Gas Equipment & Services

Genoil Inc. is a technology-based company engaged in the development of technologies relating to the oil and gas industry. The Company, through its subsidiary, Genoil Emirates LLC, focuses on creating projects in the U.A.E. for all of its technologies, including desulfurization, oil upgrading and recycling, water purification port technologies, well testing, and sand cleaning. It is primarily involved in the development and commercial applications of its heavy oil upgrading technology, the Genoil Hydroconversion Upgrader (GHU), which converts sour (high sulfur), heavy hydrocarbon feed stocks into lighter oil with higher quality distillates for conventional refining. Its Crystal Separator is suitable for a range of applications, including offshore oil platforms, wastewater treatment plants, refineries, gasoline service stations and ports. Its Crystal Sea oil and water separator is a compact unit that is able to handle small volumes from 2 GPM to 20 GPM using a compartmental process.

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Genoil Inc

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Post by Kjay33on May 25, 2025 10:05pm

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Post# 36586138

Risks of short selling reminder

Risks of short selling.

Purely on a trading basis the covering of this shorted stock it would become massively higher. Most people have no idea what it's like when you are taken out of a selling short position. Basically you are stopped out at whatever offer that can be found. You think you sold say 5000 dollars of stock short. Most think you can lose just the 5000. Right? Way wrong. If you need to cover it's at whatever the market is. So, the cost to get back your position could be 25,000, 50,000 you are totally exposed. It's a gut wrenching feeling and possibly be your financial ruin.

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Progressing Canada’s Great Atlantic Salt Project towards production