CSIMarket
 
Greenkraft, Inc.  (GKIT)
 

Greenkraft's Customers Performance

GKIT



 
GKIT's Source of Revenues During the corresponding time, Greenkraft, Inc. recorded a revenue increase by 1205.08 % year on year, sequentially revenue grew by 97.15 %. While revenue at the Greenkraft, Inc.'s corporate clients

List of GKIT Customers




for the same period Greenkraft, Inc. recorded revenue increase by 1205.08 % year on year, sequentially revenue grew by 97.15 %.

List of GKIT Customers

Greenkraft's Business Units






Greenkraft's Comment on Sales, Marketing and Customers



Our customers include Ryder, Superior Transportation, AR Natural Gas Fueling systems, Propane distribution companies and others. We also had customers in vehicle sales that contributed to our sale.

Funding for the incremental cost of the vehicles was provided by the California Energy Commission (CEC) and the Mobile Source for Pollution Reduction Review Committee. The CEC provides up to (i) $20,000 per vehicle that are up to 26,000 LBS GVWR and (ii) $26,000 per vehicle that are over 26,000 LBS GVWR. These funds are paid directly to us and taken in as deposits until actual delivery of the vehicles at which time it is deemed revenue. We have received $1.140 million from the CEC related to the sale of CNG and propane trucks.

In addition, we have dealer relationships with each of (i) Superior Transportation for sales of CNG vehicles in Texas (ii) A.R. Natural Gas Fueling Systems for sales of our CNG vehicles in Pennsylvania. We are adding new dealers in 2016. We expect to deliver trucks to all our dealers in 2016. We have had discussions with other dealers throughout the United States and intend to enter into formal relationships with these dealers upon completion and assembly of additional truck inventory. There is no guarantee that we will enter into additional contracts or formal relationships with its current customers and additional dealers.