Greenkraft Inc. (GKIT)

[NetworkNewsWire]

GKIT Positioned to Benefit from Implementation of Carl Moyer Program

Greenkraft, Inc. (OTCQB: GKIT), a nationally recognized player in the alternative fuel engine and vehicle market, this morning announced that several fleet operators are expected to apply for funding from the California Carl Moyer Program in order to replace their existing vehicles with Greenkraft vehicles. Per the update, the Carl Moyer Program, which is expected to go into effect in March, is an incentive program aimed at allowing fleet operators to replace older trucks. The program offers incentives ranging from $10,000 to $60,000 per new truck, depending on the class. Greenkraft offers trucks ranging from class four to class seven, positioning the company to benefit from the implementation of the Carl Moyer Program. As noted in this morning’s news release, Greenkraft anticipates that the program will help it obtain more clients and, ultimately, more revenue in 2018.

To view the full press release, visit http://nnw.fm/53Ihm

About Greenkraft, Inc.

Greenkraft, Inc., a profitable, revenue-generating company, is a major manufacturer of alternative fuel automotive products. Greenkraft was created to introduce clean, green, efficient, automotive products that run on alternative fuels. The Company offers alternative commercial forward cabin trucks and alternative fuel systems for various vehicles. Greenkraft commercial trucks are powered by alternative fuels such CNG and LPG in Classes 4, 5, 6 and 7. Greenkraft, Inc. designs, develops, and manufactures compressed American natural gas and propane gas forward cabin trucks, alternative fuel systems and alternative fuel engines. For more information, please visit our website at www.GreenkraftInc.com