Cover
Cover | 12 Months Ended |
Dec. 31, 2021 shares | |
Document Information Line Items | |
Entity Registrant Name | Genoil Inc. |
Entity Central Index Key | 0001261002 |
Document Type | 20-F/A |
Amendment Flag | true |
Entity Voluntary Filers | No |
Current Fiscal Year End Date | --12-31 |
Entity Well Known Seasoned Issuer | No |
Entity Shell Company | false |
Entity Emerging Growth Company | false |
Entity Current Reporting Status | Yes |
Document Period End Date | Dec. 31, 2021 |
Entity Filer Category | Non-accelerated Filer |
Document Fiscal Period Focus | FY |
Document Fiscal Year Focus | 2022 |
Entity Common Stock Shares Outstanding | 640,633,029 |
Document Registration Statement | false |
Document Annual Report | true |
Document Transition Report | false |
Document Shell Company Report | false |
Entity Incorporation State Country Code | Z4 |
Entity Address Address Line 1 | One Rockefeller Center |
Entity Address Address Line 2 | 11th Floor |
Entity Address City Or Town | New York |
Entity Address Postal Zip Code | 10020 |
Security 12g Title | Common Stock, Fully Paid and Non-Assessable Common Shares Without Par Value quoted on the OTC Markets Quotation System. |
Entity Interactive Data Current | Yes |
Document Accounting Standard | U.S. GAAP |
Auditor Firm Id | 822 |
Auditor Name | Michael T. Studer CPA P.C. |
Auditor Location | Freeport, New York |
Amendment Description | Genoil, Inc. (the Company) is filing this Amendment No. 1 on Form 20-F (“Amendment”) to amend its annual report on Form 20-F for the fiscal year ended December 31, 2021 originally filed with the U.S. Securities and Exchange Commission (“SEC”) on May 20, 2022 (the “Original Filing”) As now discussed in Note 12 to the consolidated financial statements in the Amendment, the Company has restated its consolidated financial statements at December 31, 2021 and for the year then ended in order to correct the recording of interest expense. This Amendment amends and restates only Item 7 (Major Shareholders and Related Party Transactions) and Exhibit 15.1 (Consolidated Financial Statements for the years ended December 31, 2021, December 31, 2020, and December 31, 2019). No other information in the Original Filing is amended hereby. This Amendment speaks as of the Original Filing and does not reflect any events that may have occurred subsequent to the Original Filing date. This Amendment should be read in conjunction with the Original Filing. In addition, pursuant to Rule 12b-15 under the Securities Exchange Act of 1934, as amended, as a result of this Amendment, the certifications pursuant to Section 302 and Section 906 of the Sarbanes-Oxley Act of 2002, filed and furnished, respectively, as exhibits to the Original Filing have been re-executed and re-filed as of the date of this Amendment and are included as exhibits hereto. |
Business Contact [Member] | |
Document Information Line Items | |
Contact Personnel Name | David Lifschultz |
City Area Code | 212 |
Local Phone Number | 688-8868 |
Contact Personnel Email Address | david@lifschultzorganization.com |