Genoil will soon become a Curacao based company. This was voted in by investors at the November 2016 AGM. The reason for this was both for the tax break and to allow the company to freely do business in ANY country despite any political sanctions. This move would have been completed already but the frivolous lawsuit from 2016 blocked the procedure. This lawsuit has been dismissed and the block has been removed and the company is apparently working on this again so we should see this completed sometime in the near future; hopefully more sooner than later.
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