EGOC - yesterdays PR - looking for this to get moving today.
EGOC-BOCA RATON, Fla., Dec. 12, 2011 /PRNewswire via COMTEX/ — Energy 1 Corporation (OTC: EGOC) is pleased to announce the Board of Directors has approved a plan and resolved to move forward with a Private Equity firm in a definitive agreement for acquisition of Common Stock in Energy 1 Corporation.
The capital infusion will be utilized to integrate the ExhausTek & IonTek product lines into newly acquired equipment, which will then be leased or sold through our exclusive agreement with Master Lease, Inc. The ExhausTek is the world’s first Vortex Field Ionizer (VFI) for emission reduction, replacing two alternative components, the diesel particulate matter filter (DPF) and a NOx trap. Using the IonTek, either alone or in part with the ExhausTek, improves performance, reduces emissions and increases fuel economy.
In correlation with the plan approved and resolved by the Board of Directors we have entered into an agreement with The Nuemark Group, LLC, a full service Financial Communications and Consulting firm. “Bringing Nuemark on as our firm is a major part of our commitment to transparency and the emphasis on growth that this plan provides,” said E1 Chairman, Mr. Brown after the execution of the Board resolution.
Didn't do your
DD, did you !
