This has no technologies, crystal, glass or even wood! Nothing except two guys hiding from justice. They have no physical address, some people say DKL & BA live in undisclosed locations and they move between Serbia, Croatia and Bosnia. The guy who was saying he invented the so called crystal left the company. How can you judge? Simple, they never sold a single equipment in the past 15 years.
The largest Crystal Separator, that I am aware of, is the IU-50. It is capable of running 50,000 L/hr. An olympic swimming pool contains approx 2,500,000 L. It would take an IU-50 over two days (50 hours) to separate the oil in one swimming pool. How many of these 9600 kg units would it take to clean a contaminated coastline? It is just not feasible. (Copied from Stockhouse)
California just had an oil spill.
The technology gen oil has would clean it up it no time.
The phones are ringing off the hook.
Everybody is trying to get in touch with gen oil.......lol..........my opinion
Tyson-as noted with my response to les-I recall your sanguine sentiment for Genoil a few years ago. While I hold nominally 3/4 mio shares of Genoil, my enthusiasm has slowly evolved toward skepticism and criticism, even cynicism.The vagueness with which shareholders are informed is disturbing. David insists this will be the best year in Genoil's long and tortured history, yet the stock remains meyered at a nickel on a good day. The most promise IMO, occurred sometime after the formation of Genoil Emirates in October 2010. Compare with today, the price is but 1/6th of Q1 2011, and even at .30-far from what shareholders hopes and expectations were. If a change of management is what is in the best interest of the Company-I sincerely doubt this can be accomplished. David, IMO treats this Company as if privately held and shareholders are but a dues-paying fan club.
Les- "Let's hire a lawyer and remove the management." Great idea. I bought into the fabulous stories of David Lifschultz and lost an enormous amount of money. I wrote the board of directors last year and explained the numerous potential legal breaches and failures of fiduciary duty(after considerable legal review)--but got no answer.
We can destroy the company or turn it around, but keeping the current management in place will assure that we will not monetize the GHU, and that would be a pity.
I-Tyson Halsey- do not know what law I broke or why I should be thrown in jail with the management. I am the proverbial messenger. I bought DKL's stories as so many people still do.
I look forward to your call.
lesabrej-please clarify who Tyson Halsey is. I do recall him posting on this message board 3 to 4 years ago always positive and ending his messages with the belief that the company would succeed.
This company is bankrupt long time ago. There is no real registered company either in the US or in Canada. The guys who run the website are in hiding in the Republic of Serbia. It is over. The only thing that shareholders (if there is real shareholders not rats) is gather, hire a lawyer and remove what is so called BOD, sue DKL, BA, Tom Bugg, Tyson Halsey and all other people who assisted DKL to run this scam and throw them in jail.
147 acre testing facility with 2,500 acres of mineral rights? Will they be mining the wheat fields for minerals? Will they be directionally drilling under farmers' fields for oil? I heard that they have access to old salt caverns for disposal of waste. Is this the same as 'mineral rights'? Is contaminated waste disposal along the lines of 'green technology'? I look forward to hearing from Nicholas or Franz or Ludwig or Enrique's #$%$.
Genoil owns a 147 acre testing facility at Two Hills, Alberta, and has 2,500 acres of mineral rights. DKL can go to Canada, the UAE and the US anytime he wants to. If lesabrej could read English, and he does not seem to be able to, he can easily check if DKL was a speaker at the Campden Conference at the National Liberal Club or at the International Bunker Fuel Association (IBIA). The prestigious IBIA invited DKL as CEO of Genoil to speak at this conference with EXXON sitting next to him,. He has met with Royal Dutch Shell in Amsterdam, and visited with BP, Maersk, Rosneft, Trafigura, etc. Would Genoil have been asked by the most prominent bunker fuel association in the world as a major speaker as EXXON if there was anything to lesabrej. As to lawsuits, every company has lawsuits and if you can count them for Genoil on one hand you have a lot.
I would like to add that The Association of Professional Engineers and Geoscientists of Alberta (APEGA) has no record of Genoil or their 'permit to practice' in the province.
Genoil cannot do anything in Canada; there is enough lawsuits in Canada; DKL cannot go to Canada, UAE or even to the US, he's living in hiding somewhere in Serbia. Here is what I've posted several days ago:
Genoil is No Longer in Buisness in Canada
As I've predicted and wrote in this BB, Genoil is no longer a business entity in Canada since May 2014. Its shares ceased trading in the TSE. The oil processing guru DKL cannot travel to the Middle East and he is hiding in Serbia. This company exists on the Internet only.
Sentiment: Strong Sell
JT&N is pleased to announce that it represented Genoil Inc. (“Genoil”) in entering into a comprehensive joint venture contract with Hebei Zhongjie Petrochemical Group Co. Ltd. (“HYT”) for the establishment of a refinery and oil upgrading joint venture company. The proposed total amount of investment is USD$700 million.
金诚同达律师事务所荣幸地宣布，其作为Genoil Inc. (“Genoil”) 的法律顾问代表Genoil与河北中捷石化集团就成立一家炼油和重油精炼合资公司成功签署了综合性合资合同。此次合作拟投资金额为7亿美元。
The JT&N Team is led by Beijing-based senior partner Guohua (Annie) Wu. “We are honored to have played an important role in this very important transaction for Genoil.” said Ms. Wu. Team members also include counsel Weimin Zhang, and associates Qianhao (Denny) Xu and Danlin Chang on this project.
Guohua (Annie) Wu was nominated as the PRC Deal Maker of the Year by Asian Legal Business in 2013 and she has recently been named as Asialaw Leading Lawyer (in the Corporate & M&A category) by Asialaw Leading Lawyers.
2013年邬国华律师被亚洲法律杂志（Asian Legal Business）提名入选年度中国最佳交易律师。最近邬律师还被亚洲杰出律师（Asianlaw Leading Lawyer）杂志评选为公司和并购领域的“亚洲杰出律师”。
JT&N was awarded as the China Business Law Awards Winner (in the International Trade category) by China Business Law Journal in 2014 and was nominated as the China Law Firm of the Year and the Beijing Law Firm of the Year by Asian Legal Business in 2013.
金诚同达在2014年荣获商法杂志（China Business Law Journal）颁发的商法卓越律所国际贸易大奖，并在2013年被亚洲法律杂志（Asian Legal Business）提名为年度优秀中国律师事务所和年度优秀北京律师事务所。
Jincheng Tongda & Neal (“JT&N”), founded in 1992, is a leading law firm in China and represents clients on a wide range of matters and complex negotiations including foreign direct investment, M&A, commercial arbitration, real estate, intellectual property, tax and insurance law. The Firm has offices in Beijing, Shanghai, Chengdu, Shenyang, Shenzhen, Ji’nan and Xi’an.
Sentiment: Strong Buy
Do you think that they should make new pictures when they have some already. This is a frugal company. Genoil appears to have wanted to show you their 147 acre testing site with 2,500 acres of mineral rights.
I would recommend the periscope turn his sights to Ivanhoe, which is IVAN, and note that the company blew up into bankruptcy with over 70 million in debt. IVAN is backed by the billionaire Robert Friedland. Most of the The debt in this company is owned by the Lifschultz Family which are loans on interest who have never been paid any cash interest in over six or seven years which is how good they are to this company.
If I asked every shareholder in Ivanhoe other than Robert where they would rather be, in Genoil or Ivanhoe, I think they would say Genoil knows how to survive and prosper with a 700 million dollar contract. In fact, Robert Friedland had lunch with DKL at the Essex House at his invitation, and they discussed his Ivanhoe and Genoil. Robert asked him if he wanted Robert to buy Genoil and DKL said no. At the lunch was the former CEO of Occidental Petroleum and some of his officers who were then at Ivanhoe as CEO, etc. Robert turned to his officers, and said, I thought I was good, but this fellow is the best.
As to those on Yahoo and here that have asked about DKL, he recently gave a speech in London at the National Liberal Club founded by the Prime Minister of England, William Gladstone, to the Alternative Investment Conference, on oil and gold, a copy of which is available by contacting DKL, and before that at the the IBIA (The International Bunker Industry Association) in Hamburg also as a key speaker. In each place his talk was about 45 minutes in front of large audiences. These created many leads. He has also traveled to Munich, Austria, Croatia, Slovenia, Serbia, Bosnia, and is scheduling trips to Switzerland and China for Genoil. Anyone who would like a summary of the IBIA talk should contact DKL for a copy.
As someone asked on the other thread-why is the photo dated to 2012? Is this simply more Genoil fluff to keep the hopefuls hopeful? There has not been a single needle moving incident for this Company in more than 4 years. Unbelievable indeed that it is still 'alive'.