Genoil Inc. (GNOLF)

[scp222]

Nobody knows anything. There is no expectation built into the price of the stock. The company has several projects in the works and the stock is priced for none of them to suceed. We shall see.

In December of 2013 the stock traded under a penny. The company had no money, no engineers, and no prospects. It's trading close to the same levels as then, yet the company has the former general director of Lukoil leading their engineering, the backing of the Chinese Development Bank, the former CEO of Pemex working for them, and much more.

Bottom line... the company needs to sign an agreement that will provide some revenue. Many big buyers put their money into private placements so they can get a share and a warrant. People have millions of shares that were not bought on the open market.