InvestorsHub Logo

sunspotter

02/14/12 4:28 AM

#26431 RE: The_Rake #26411

One of EGOC's dirty little secrets is that their CEO is a past master of promising things that then don't materialize.

Indeed he's done it before with exactly the same people as he does it with now:

"CleanAirTek Enters Negotiations to Acquire Performance Maxx


Boca Raton, FL, July 21, 2010 – CleanAirTek Holdings, Inc. (Frankfurt Stock Exchange: CAK) announced today that it has entered into negotiations to acquire Performance Maxx, Inc., a Colorado based, truck servicing business specializing in refurbishing and maintaining diesel equipment for owner-operators and regional trucking companies. The company expects that Performance Maxx would operate as a wholly-owned subsidiary, while enhancing offerings to customers by adding the fuel savings and emission reduction technologies that are the core of CleanAirTek's business.

"CleanAir is bringing new and welcome solutions to the trucking industry. We look forward to adding our part to the growing enterprise," stated Stu Hoebel, President of Performance Maxx.

CEO of CleanAirTek, Raymond Brown said, "Performance Maxx brings skill, experience and face-to-face relationships with respect to refurbishing and maintaining Class-8 trucks. As a technology company, forming partnerships with companies that have an established customer base, makes integration a smoother process.""


http://www.irw-press.com/en/news_9746.html

"BOCA RATON, Fla., Oct. 25, 2011 /PRNewswire/ -- Energy 1 Corporation (OTC: EGOC) is pleased to announce that it has reached an agreement to acquire the majority of the assets of Master Lease Owner Operator Services (MLOOS) my note: ML CEO is the same Stu Hoebel while integrating all current and future business under the E1 brand and management on a going forward basis.

"This is a significant deal and a major step forward for Energy 1 and its continued relationship with Master Lease and their affiliated companies," said Raymond T. Brown, Chairman of E1. "This acquisition adds $4MM to $4.5MM in and annual cash flow to the Company immediately while only representing a small portion of ML's current customer base. We believe it's a business model that can grow substantially and we'll seek to expand this platform for all future E1 customers as we add to the overall fleet portfolio."

As part of the ongoing agreement with Master Lease, the Company will also begin to integrate its technologies as well as other licensed products onto MLOOS customer vehicles. It is the overall intent of E1 to grow a portfolio of over-the-road vehicles that have been retrofit to meet both current and future emission standards while offering the consumer an economic solution versus total vehicle replacement in order to meet EPA & CARB requirements."


http://www.prnewswire.com/news-releases/energy-1-corporation-to-acquire-master-lease-owner-operator-services-132519303.html

Both deals "fell through", of course, mainly because they never really existed. But unlike the original PR released to anmnouce the deal, the cancellation was announced through - wait for it - FaceBook.


Both (identical) deals were just bait in the CAK and EGOG pumpndumperoonis.


Just like the conference call is being used to hang this pump on.

And of course the mystery anonymous Middle Eastern customer supposedly fitting the never-seen nor photographed legendary unit from EGOC doesn't exist either.

Anonymous Middle Eastern customers are a standard ploy of the penny stock gang behind EGOC.