David K. Lifschultz's House

The CEO of Genoil Inc., a $43 million Canadian Oil Tech company, owner at Lifschultz Investments, former owner of Lifshultz Industries which was sold to Danaher Corp., for $28 million, and heir to the Lifshultz Freight company which was founded in 1899, is selling this house in 2010 for $12,950,000.

He has been an investor in the oil and energy industry for the past 20 years with consistent annual returns on capital. He has a vast portfolio of oil and energy related companies including a 4.8% stake in NYSE Callon Petroleum (CPE).?From 1980-1991, Mr. Lifschultz was President and Chief Executive Officer of Lifschultz Fast Freight, a surface transportation company with 2000 employees and revenues of approximately $100 million per annum and he also supervised Trans Air Freight Systems, which he sold to Air Express International (AEI). In addition, he supervised Ocean Freight Forwarder, Wolf and Gerber and brokerage clearing house, Loretz & Co. Mr. Lifschultz created the first integrated surface air transportation system.

Lifschultz Industries operates primarily through its subsidiary, Hart Scientific, which makes industrial and scientific instruments and instrument calibration equipment. Its products include calorimeters, plastics testing devices, temperature baths, microprocessor-based thermometers and customized instruments. The company also offers related software and temperature calibration services.