SANTA ANA, Calif., July 12, 2017 (GLOBE NEWSWIRE) -- Greenkraft, Inc. (OTCQB:GKIT), a nationally recognized player in the alternative fuel engine and vehicle market is pleased to announce that the Company is getting a dramatic increase in demand for their trucks from various fleet operators all across the country.  This increase in demand is due to the multitude of government incentives available to companies that switch to alternative energy trucks.  Greenkraft is beginning to profit very heavily from this demand increase because the Company is getting orders from truck fleet operators ranging from 10 to 100 trucks, many of which have their own filling stations where they are getting CNG for low prices, as low as $0.50 per gallon. This ultimately translates into millions of dollars of revenue for GKIT, much of which comes directly from these various governmental incentives. 

Furthermore, GKIT controls nearly all the market share in the clean energy truck market as they are the only manufacturer offering trucks that run on both clean energy (CNG) Compressed Natural Gas and (LPG) Propane gas.  George Gemayel, CEO of Greenkraft, Inc. says, “Greenkraft is projecting an enormous increase in larger fleet orders which is where the Company will derive a great deal of new revenue.  We have been getting calls from fleet operators all across the country that want to run their fleets with our CNG trucks!”  Sosi Bardakjian, CFO of Greenkraft, Inc. says, “There is nothing better for a CFO to see than increased sales and revenue, and that is exactly what this increase in demand is going to do for the Company.”

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.  Greenkraft will constantly update the public and its shareholders on all Company progress by way of regular press releases and timely SEC filings.

About Greenkraft, Inc. (OTCQB: GKIT):

Greenkraft, Inc., a profitable, revenue generating publicly traded company, is a major manufacturer of alternative fuel automotive products. Greenkraft, Inc. was created to introduce clean, green, efficient, automotive products that run on alternative fuels. GKIT offers alternative commercial forward cabin trucks and alternative fuel systems for various vehicles. GKIT's 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. 

Forward-Looking Statements Disclaimer:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.

Greenkraft, Inc.
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