Genoil Inc. (GNOLF)

[DTCT]

Someone close to the company has stated that all of the majors in North America have boycotted Genoil as their process if widely adopted would flood the market with oil and bring down oil prices significantly. That was why they began to focus on China as their only concern is to secure sources of oil to support their rapidly expanding economy. DKL has publicly stated that China has given them a mandate to secure 10 million bpd of oil over the next 10 years. So far if you add up the potential deals THAT WE KNOW ABOUT Genoil has 3.5mill bpd from Saudi Aramco, 3.5mill bpd from Russia, and now 1mill bpd from Mexico. That is 8mill bpd that is all destined to go straight to China. If all of these deals go through the share price would be over $100 per share...and here we sit at 4 cents.