BOCA RATON, FL – 02-04-2019 (PRDistribution.com) — Energy 1 Corp. (OTC: EGOC), A former manufacturer of fuel efficiency and emission reduction solutions, pleased to announce an update of its reorganization and business plan.
After spending the last year working on a deal, current Company Management is glad to announce that it has achieved significant Company milestones as part of the Company’s reorganization within its new business plan.
The Company will merge with a revenue-generating industrial scale CBD company who operates its own Hemp Farm.
Our main goal is to become the world’s leading CBD manufacturer and wholesaler and with the upcoming merger, we truly believe it is possible.
We will release a separate press release regarding the merger in the coming days.
On other fronts, we have submitted updated information with NVSOS & paid all fees required and it will be updated in the next 48 hours.
Apart from that, we have submitted to OTC Markets all documents required. We await their review and approval to move the Company up to Pink Current status.
The company will do the utmost to increase shareholder value and it will be shown in the coming months.
The information in this press release includes certain “forward-looking” statements within the meaning of the Safe Harbor provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.
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