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Small Cap Profits.com Featured Article: (GNOLF.OB)
July 1, 2010
Genoil, Inc. (GNOLF.OB)
With the disaster raging in the Gulf of Mexico there is a company surging forward with new technology that promises to help the cause. Located in Calgary, Alberta, Genoil has become a recognized leader for their state-of-the-art technology and for being a friend of the environment. Today, Genoil took a step towards enhancing its future with the announcement they have received a breakthrough patent for sand decontamination from the United States Patent Office.
The patent recognizes Genoil’s unique positioning for the Gulf of Mexico disaster cleanup. Due to the research and development of Genoil, the sand decontamination patent has the potential to constitute a major advancement of the reactor design and offers a multitude of benefits to society and the marketplace.
Coupled with this newfound success, Genoil has presented technical material to BP on its sand contamination to lead the Gulf of Mexico clean-up. The discussions with BP are ongoing regarding the Crystal Sea water cleaner and it has been responding to requests for more information. Genoil has reduced the manufacturing & delivery time from three months to six weeks for an expedited fee.
Leading the team at Genoil is their CEO David L. Lifschulz. Currently, Genoil is trading in the $0.16 range. With this state-of-the-art technology in place, Genoil may be a diamond in the over-the-counter-rough that is quickly evolving into a global power. Notably, Genoil has plans to establish a subsidiary in the Middle East and will be opening offices there to handle business in the immediate future.
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