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Bullboard - Stock Discussion Forum 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... see more

OTCPK:GNOLF - Post Discussion

Genoil Inc > How reassuring Davey has a 5bn LOI sitting on
View:
Post by UpPeriscope on Mar 21, 2022 10:29am

How reassuring Davey has a 5bn LOI sitting on

MBS's desk. God help us if it's been misplaced on that Putin size table. 

"In fact, the recent upward pressure on oil saw Saudi Aramco (ARMCO) more than double its profits to $110B in Q4. "We see healthy oil demand. Unfortunately, there is shrinking global spare capacity, combined with low inventories and a lack of investment," CEO Amin Nasser said following the results, blaming "a transition plan that is totally unrealistic" for the current pricing dynamic. "We're doing our part, but it's not enough. Other players in the industry also need to do their part and increase investment."

Comment by hernandez15 on Mar 21, 2022 11:33am
David did not meet with MBS, he met with the janitors of MBS office and David paid them1 MM Genoil shares and they told him they'll put the file on MBS desk...that's all. David parrots thngs without understanding what their signaficance mean.
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