Thursday, June 29, 2017 7:00:19 PM
AGM June 29 Calgary
David on speaker phone, Bruce A. in Rotterdam, Tom B. taken over, 9 in attandance.
Very positive meeting, but week on time frames...The best time was with the shipping lines. Bruce was there and David feels that something could be done in about 3 months.
Russia looks good as does LukOil. David mentioned Kuwuait, Qutar, and Saudi Arabia as these are in Genoils plan. He mentioned some trouble with China and Korea as there is some problems with politics and that will slow down any arrangements with Gnolf.
He mentioned Mexico, Indonesia, and some South American countries as possibles sales also.
Lifting of CTO and the listing in Curacoa will happen when those agencies are happy with the docs. Alberta was still asking for more details and when they are done it should be lifted. It looks like a partial listing in Ontario if you are a resident there. Othwise all papers were done and handed in! He can't mention too much here as they might not like his stirring of the pot.
The lawsuit was not mentioned in particular but Tyler H. did not show up and that was noticed by all. All directors passed and the accountants were accepted.
David suggests that if some of these project get signed but he thinks they will, then there will be good news to the investors!
Slobodan resigned due to health reasons but he has helped with the Bosnia/Russia deals
Generally a happy group but the investors were looking for an end to CTO and some signed contracts. So they left "hopeful" still!
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