BOCA RATON, Fla., Dec. 13, 2012 /PRNewswire/ -- Energy 1
Corporation ("E1") (OTC PINKS: EGOC) announces the company has
reached Now Trading on Over-The-Counter Pink® Current Information
Market Tier under the Alternative Reporting Standard outlined by
OTC Disclosure and News Service.
According to OTC Markets Group, the securities of Pink Sheet
companies that provided current disclosure to the public markets,
either through a regulator or directly to News and Disclosure
Service, represented 95% of all the dollar volume traded in the OTC
marketplace. Per our most recent communication with OTC
Markets Issuer and Information Services; "We have finished
processing your disclosure and attorney letter for the period
ending September 30, 2012. Your
company will be moved to the OTC Pink Current Information tier
before the next market open."
"We are pleased to have returned to this market tier and are
looking forward to continuing our enhanced transparency with
shareholders," said Raymond T.
Brown, Chairman of E1. "It is important in the
company's progress to show and represent our new found success in
our recent acquisition of Master Lease and are further pleased to
have reported an operating income of $1,338,814."
About Master Lease
Acquired by Energy 1 in September of 2012, Master Lease is a
40yr+ truck & trailer leasing business based in Henderson,
Colorado. Their customer base consists primarily of
owner-operators and small trucking companies who haul for regional
distributors such as First Choice Transport, Greatwide Logistics,
HVH, Landstar, Monfort, National Carriers and Power Source.
Master Lease's present portfolio is comprised of more than 150
active leasing customers with approximately 250 over-the-road
trucks & trailers, as well as some specialty equipment.
For information about Master Lease, please visit:
http://www.MasterLease.com
About Energy 1 Corporation
Headquartered in Boca Raton,
Florida, E1 develops, manufactures and distributes fuel
efficiency and emission reduction solutions for retrofit on diesel
and gasoline powered equipment. E1's technologies are
available for variable as well as constant speed motors and can be
configured to meet most desires or need.
For more information about E1 Trucks, the TekFuel System, the
ExhausTek or IonTek solutions available for your truck or fleet,
please feel free to contact E1.
For more information, please visit: www.Energy1Corp.com
Forward-Looking Statement: Please be advised that
statements made herein, other than historical data, constitute
forward-looking statements that involve risks and uncertainties
that could cause actual results to differ materially from those
stated or implied by such forward-looking statements.
Contact:
Energy 1 Corporation
561-347-6462
Info@Energy1Corp.com
SOURCE Energy 1 Corporation