New York, NY—07/30/2013—GenOil CEO David Lifschultz recently completed an interview with The Wall Street Analyzer to discuss the company’s unique upgrading process that converts heavy oil into light oil.  He updated investors on the companies’ recent alliance with the son of the ruler of Abu Dhabi, Sheikh Khalifa bin Zayed Al Nahyan, who produce 2 million barrels a day of oil, and have 95 billion barrels of oil in reserve.  The company has also added Slobodan Puhalac, who oversaw the South Stream project for Russia, to their Board of Directors.  Mr. Lifschultz talks about his background and experience as well as the Lifschultz family, which has been in business for over 114 years and is behind GenOil.  He addresses the company’s key goals of penetrating some of the larger companies with their technology and explains why there is a need for it. “The depletion of the light oil has gone down to 400 billion barrels of oil and we are using about 30 billion barrels a year of that.  So we have to hurriedly start developing the heavy oil and to convert it and we also have to develop it for the bunker fuel, because the bunker fuel has to be converted to lighter oil by 2015 in order to meet the shipping standards and if we don’t have enough of that oil being produced, the oil price will go at the pump from $3 or $4 or $5 a barrel to $10 a gallon.”  He also confers why he feels the company is undervalued especially considering the fact they have the backing of SPK and Genoil Emirates.




For More Information Please Contact:

David Lifschultz – CEO
Rockefeller Center
1230 Ave of Americas, 7th Floor
New York, NY 10020 USA
Tel: +1 914 433-0304




About author

This article was written by The Wall Street Analyzer

The Wall Street Analyzer's staff of writers, analysts, publishers, producers, market researchers, and PR professionals aim to provide investors with the tools they need to make informed decisions on buying stock. Our staff is a mix of financial professionals and media savvy individuals whose experiences bring the best talent from both ends of the spectrum. On one hand our financial experience gives us the ability to identify promising, off the grid companies before they are uncovered by the rest of the market, and on the other hand our media experience allows us to produce interviews which appeal to a large audience because we provide a format in which more investors can understand a featured companies' upside. Our philosophy is to turn stock tickers into stories, ideas into headlines, and technical and financial data into easy to understand tidbits, easier to digest and therefore consumed by a larger audience. These interviews provide a jumping off point for investors to do further research into a prospective company. Our editorials seek to provide an out-of-the-box perspective found in few other financial sites.