Government subsidized Carl Moyer Program leads to increased revenue for Greenkraft

SANTA ANA, Calif., Feb. 07, 2018 (GLOBE NEWSWIRE) — Greenkraft, Inc. (OTCQB:GKIT), a nationally recognized player in the alternative fuel engine and truck market, is pleased to announce that several fleet operators will be applying for the California Carl Moyer Program funding to replace their existing vehicles with Greenkraft vehicles.

Fleet operators that operate delivery trucks, towing trucks, and several other vocational trucks are applying for funding to replace their 2009 and older trucks.  The program is the Carl Moyer Program: On Road Heavy Duty Voucher Incentive program (VIP) that offers incentives from $10,000 to $60,000 per new truck depending on the class.   The VIP is implemented by SCAQMD and will be opening in March 2018.   Greenkraft offers trucks from class 4 to 7 and Greenkraft can provide trucks to these fleet operators. The program will help Greenkraft obtain more clients and ultimately more revenue for 2018

Greenkraft, Inc. continues to work diligently to provide long-term value for the Company and its shareholders alike by increasing revenues and executing their clearly defined expansion plan that will allow GKIT to become the #1 source for alternative fuel trucks in North America.

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