Energy 1 Corp (EGOC) reached a distributions agreement with Master Lease, provider of lease financing for over-the-road trucks & trailers, for supplying eco-friendly vehicles to Master Lease customers, earlier this month.
In today’s report the company foresees roughly $300,000 in revenues from truck and equipment sales during their first quarter under the new agreement with Master Lease, Inc.
Raymond T. Brown , Chairman of Energy 1 Corp, commented:
“We are very excited to kick off this project with Master Lease, and we look forward to growing this model over the months and years to come. This is just the beginning, and only represents a single quarter. Our goal is to grow this revenue number to over $500,000 a month over the next 3-6 months as we seek to build a $20MM portfolio over time.”
Master Lease, Inc.
9695 Brighton Road
Master Lease, Inc. provides lease financing for revenue producing equipment; primarily over-the-road trucks and trailers, and to a lesser extent, automobiles and light duty trucks. Although we specialize in new and used Peterbilt and Kenworth trucks, we also offer a wide range of trailers from premium manufacturers such as Utility, Great Dane, Wilson, Lufkin, Wabash, Transcraft, and many others.
Energy 1 Corporation
Headquarters & Office of the Chairman
315 SE Mizner Boulevard, Suite 202
Boca Raton, FL 33432
Tel: 561 347-6462
Fax: 561 347-6766
Raymond T. Brown II, Chairman
Tel: 561 755-7010
Energy 1 Corporation is a manufacturer of fuel efficiency and emission reduction solutions for retrofit on diesel powered engines. This includes equipment for vehicles as well as constant speed motors.
Energy 1 Corporation manufactures and distributes the ExhausTek & IonTek product lines. 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.