U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

þ [X] ANNUAL REPORT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, ~~2017~~2018

o [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ___________ to ___________.

Commission file number 000-~~30291~~53047

GREENKRAFT, INC.

(Exact name of registrant as specified in its charter)

Nevada		20-8767728
(State or Other Jurisdiction of Incorporation of Organization)		(I.R.S. Employer Identification No.)

2530 S. Birch Street

Santa Ana, California 92707

(Address of principal executive offices)

(714) 545-7777

(Registrant’s telephone number, including area code)

Securities registered under Section 12(b) of the Exchange Act: None

Securities registered under Section 12(g) of the Exchange Act: Common Stock, $0.001 par value

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes o [ ] No þ [X]

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes o [ ] No þ [X]

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days Yes þ [ ] No o[X]

1Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files) Yes [X] No [ ]

Indicate by check mark ~~whether the registrant has submitted electronically and posted on its corporate Web site,~~ if ~~any,~~disclosure ~~every~~of ~~Interactive~~delinquent ~~Data~~filers ~~File required to be submitted and posted~~ pursuant to ~~Rule~~Item 405 of Regulation S-TK (§ ~~232~~229.405 of this chapter) ~~during~~is not contained herein, and will not be contained, to the ~~preceding~~best 12of ~~months~~registrant’s (knowledge, in definitive proxy or ~~for~~information ~~such~~statements incorporated ~~shorter~~by ~~period~~reference ~~that~~in ~~the~~Part ~~registrant~~III ~~was~~of ~~required~~this toForm ~~submit~~10-K ~~and~~or ~~post~~any ~~such~~amendment ~~files)~~to this Form 10-K. Yes þ [X] No o[ ]

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§ 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definition of “large accelerated filer and “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer o[ ] Accelerated filer o[ ] Non-accelerated filer ~~oEmerging~~[X] Emerging growth reporting company [ ] þ Smaller reporting Company o [X]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨[ ]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act) ~~yes~~Yes o[ ] No þ[X]

As of June 30, ~~2017~~2018, which was the last business day of the registrant’s most recent second fiscal quarter, the aggregate market value of the registrant’s Common Stock held by non-affiliates of the registrant was $97,~~279~~777,~~244.62~~601 based on our closing price of $0.09074 per share. For the purposes of the foregoing calculation only, all directors, executive officers, related parties and holders of more than 10% of the issued and outstanding common stock of the registrant have been deemed affiliates.

As of ~~April~~May 1610, ~~2018~~2019 the registrant’s outstanding stock consisted of ~~103~~105,102,718 common shares.

GREENKRAFT, INC.

Form 10-K

TABLE OF CONTENTS

PART I	Page
		Page
Item 1.	Description of Business	4
PART I
Item 1A.	Risk Factors	12
Item 1.	Description of Business	3
Item 1B.	Unresolved Staff Comments	12
Item 1A.	Risk Factors	10
Item 2.	Properties	12
Item 1B.	Unresolved Staff Comments	10
Item 3.	Legal Proceedings	12
Item 2.	Properties	10
Item 4.	Mine Safety Disclosures	12
Item 3.	Legal Proceedings	10
Item 4.	Mine Safety Disclosures	10
PART II
Item 5.	Market for Registrant’s Common Equity and Related Stockholder Matters and Issuer Purchases of Equity Securities	1211
Item 6.	Selected Financial Data	1311
Item 7.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	1412
Item 8.	Financial Statements and Supplementary Data	1715
Item 9.	Changes in and Disagreements with Accountant on Accounting and Financial Disclosure	1816
Item 9A.	Controls and Procedures	1816
Item 9B.	Other Information	2017
PART III
Item 10.	Directors, Executive Officers and Corporate Governance	2118
Item 11.	Executive Compensation	2521
Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	2623
Item 13.	Certain Relationships and Related Transactions, and Director Independence	2724
Item 14.	Principal Accountant Fees and Services	2724
PART IV
Item 15.	Exhibits, Financial Statements Schedules	2825

PART I

ITEM 1. DESCRIPTION OF BUSINESS

Forward-looking Statements

This annual report contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "“may"”, "“will"”, "“should"”, " “expects"”, "“plans"”, "“anticipates"”, "“believes"”, "“estimates"”, "“predicts"”, " “potential"” or "“continue"” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry'’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable laws, including the securities laws of the United States, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results.

As used in this annual report, the terms "“we"”, "“us"”, "“our"”, “the Company”, and "“Greenkraft" ” mean Greenkraft, Inc., unless otherwise indicated.

All dollar amounts refer to US dollars unless otherwise indicated.

Overview

We were incorporated on September 27, 2006 in Nevada as Sunrise Global, Inc. Until closing of the Acquisition of Greenkraft on December 6, 2013 (as described below), we were a recycled industrial waste resale company. On December 27, 2013, we changed our corporate name to Greenkraft, Inc. from Sunrise Global, Inc., which ~~name~~reflected ~~change reflects~~ our acquisition of Greenkraft resulting in us now conducting Greenkraft’s business. Concurrent with the name change, we effectuated a 2-for-1 forward split, also effective December 27, 2013. .

We are a manufacturer and distributor of automotive products. We manufacture commercial forward trucks for vehicle classes 4, 5, 6, and 7 (GVW ranging from 14,001 lbs. to 33,000 lbs.) in alternative fuels. We also manufacture and sell alternative fuel systems to convert petroleum based fuels to natural gas and propane fuels.

Our executive offices are located at 2530 S. Birch Street, Santa Ana, CA 92707. Our telephone number is (714) 545-7777 and our Internet address is www.greenkraftinc.com.

Acquisition of Greenkraft, Inc.

On December 5, 2013, we entered into a Share Exchange Agreement (the “Purchase Agreement”) with the sole stockholder (the “Stockholder”) of Greenkraft, Inc., a California corporation (“Greenkraft”), pursuant to which, on December 6, 2013 (the “Closing Date”), we issued 83,000,000 shares of our common stock to the Stockholder in consideration of the Stockholder’s transfer of all of his Greenkraft shares to our wholly-owned acquisition subsidiary, Greenkraft, Inc, a Nevada corporation (the “Acquisition Subsidiary)., at which time Greenkraft became Acquisition Subsidiary’s ~~wholly~~ wholly owned subsidiary (the “Acquisition”).

Prior to the Acquisition, Greenkraft was our controlling stockholder, owning approximately 68% of our common stock which it purchased in May 2014. In addition, George Gemayel, Greenkraft’s sole shareholder, president and director, was appointed as our president and sole director in connection with their purchase of the controlling interest in May 2013.

As a condition to the closing of the Acquisition, on the Closing Date, 4,600,000 ~~sharesof~~shares of our issued and outstanding common stock previously held by Greenkraft were cancelled pursuant to the terms of the Purchase Agreement (the “Cancelled Shares”).

Following the Acquisition, we now conduct operations through our wholly-owned subsidiary, Greenkraft.

Industry Overview

The combination of environmental pressures, regulations, and alternative fuel vehicle initiatives has resulted in the transportation industry offering environmentally friendly, fuel-efficient vehicles. Currently automotive manufacturers are actively engaged in the competitive pursuit of innovative, clean, alternative fuel vehicles – particularly as they strive to meet new emissions rules and contribute to reducing greenhouse gases. These alternative fuel vehicles can provide needed performance, sustained mobility, and immediate emissions reductions in the industry. Compressed natural gas (CNG) and liquefied petroleum gas (LPG) are abundantly available in the US, and a growing network of fueling stations exists in California. Light- and medium-duty service trucks are utilized by a growing business sector. Developing these vehicles to run on CNG, LPG, and electric will offer a cleaner fuel choice for these business operators without sacrificing availability, safety, or convenience.

Natural gas powers about 112,000 vehicles in the United State and roughly 14.8 million vehicles worldwide. Natural gas vehicles which can run on compressed natural gas are good choices for high mileage centrally fueled fleets which operate within a limited area. For vehicles needing to travel long distances, liquefied natural gas is a good choice. CNG and LNG are considered alternative fuels under the Energy Policy Act of 1992.

Today’s fleets are increasingly interested in medium and heavy duty vehicles that use alternative fuels or advanced technologies that can help reduce operating costs, meet emission requirements and support US energy independence. Vehicle and engine manufacturers are responding to this interest with a wide range of options across a steadily growing number of vehicle applications.

In the absence of federal legislation, individual states have initiated and passed bills to provide incentives to encourage the use of domestic energy sources such as natural gas. Texas Senate Bills 20 and 385 have been passed and authorize funding for approximately. $16 million for natural gas vehicle rebates, which includes converting heavy-duty fleet vehicles to natural gas, and $4 million per year for the next two years for the establishment of natural gas stations between the cities of Dallas, San Antonio and Houston. California, through the California Energy Commission CEC with funds through Assembly Bill 118, has established the Natural Gas Vehicle Buy-Down Program, a rebate program to incentivize the deployment of natural gas and propane vehicles in all weight classes in California.

Our Principal Products and Services

We currently offer three main products and services at this time:

1. Commercial forward cabin trucks that run on alternative fuels such as compressed natural gas (CNG) or liquefied propane gas (LPG) 2. Conversion of existing vehicles to run on alternative fuels such as CNG, or LPG. 3. Alternative fuel engines

Commercial Forward ~~forward~~Cab ~~cabin~~Trucks ~~trucks~~with ~~that~~Alternative ~~run on alternative fuels such as compressed natural gas (CNG) or liquefied propane gas (LPG)~~Fuels

2We currently offer commercial trucks (Classes 4, 5, 6, 7) with dedicated natural gas and propane fuel system for 6.0 liter Greenkraft/General Motor (GM) engines for 14,000 lbs. and above gross vehicle weight rating (GVWR) trucks and custom chassis manufacturers. We offer a range of Class 4-7 cab-forward trucks based on chassis from JAC, China’s Anhui Jianghuai Automobile Company. We then install 6.0-liter GM engines and our CNG or LPG fuel systems and for CNG we add Quantum Technologies’ tanks in the vehicle. The CNG fuel systems are assembled by Greenkraft using parts manufactured by various suppliers. The chassis and cabin are imported from overseas and the powertrain is assembled in the chassis. Prior to order of the chassis, we provided specific design specifications to JAC to ensure that the chassis comply with US guidelines and specifications. We have received California Air Resources Board (CARB) and U.S. Environmental Protection Agency (EPA) certification of 2017 and 2018 dedicated-compressed natural gas fuel systems for its 6.0-liter GM engines for 14,000 lbs. and above GVWR trucks. We use our strategic partner, CEE, LLC for the testing of its engines prior to applying for the CARB and EPA certifications referred to above. In addition, we used CEE, LLC and G&K Automotive, another strategic partner, in connection with research and development activities. See “—Strategic Partners” below.

~~Conversion of existing vehicles to run on alternative fuels such as CNG, or LPG.~~5

3.Customers

~~Alternative~~Our end ~~fuel~~users ~~engines~~are Fleet Operators, Cities, and Businesses, and distribute through dealers.

~~Commercial~~Funding for ~~Forward~~the ~~Cab~~incremental ~~Trucks~~cost ~~with~~of ~~Alternative~~the ~~Fuels~~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 $2,024,004 million from the CEC related to the sale of CNG and propane trucks.

~~We currently offer commercial trucks (Classes 4~~In addition, 5,we 6,have 7)dealer relationships with ~~dedicated~~each ~~natural~~of ~~gas and propane fuel system for 6.0 liter Greenkraft/General Motor~~ (GMi) ~~engines~~Superior Transportation for ~~14,000~~sales ~~lbs.~~of CNG and ~~above~~LPG ~~gross~~vehicles ~~vehicle~~in ~~weight~~Texas ~~rating~~ (~~GVWR~~ii) ~~trucks and custom chassis manufacturers~~ A. ~~We offer a range of Class 4-7 cab-forward trucks based on chassis from JAC, China’s Anhui Jianghuai Automobile Company~~R. WeNatural ~~then~~Gas ~~install~~Fueling ~~6.0-liter~~Systems GMfor ~~engines~~sales ~~and~~of our CNG orvehicles ~~LPG~~in ~~fuel~~Pennsylvania, ~~systems~~(iii) ~~and for~~Demary ~~CNG~~Trucks, we(iv) ~~add~~Taylor ~~Quantum~~Trucks ~~Technologies’ tanks~~ in ~~the~~Indiana, and ~~vehicle.~~(v) ~~The~~AZ ~~CNG~~commercial ~~fuel~~trucks ~~systems~~in ~~are~~Arizona, ~~assembled~~We ~~by Greenkraft using parts manufactured by various suppliers. The chassis and cabin~~ are ~~imported~~adding ~~from~~new ~~overseas~~dealers ~~and the powertrain is assembled~~ in ~~the chassis~~2018. ~~Prior~~ toWe ~~order~~have ofhad ~~the~~discussions ~~chassis,~~with weother ~~provided~~dealers ~~specific~~throughout the ~~design~~United ~~specifications~~States toand ~~JAC~~intend to ~~ensure~~enter ~~that~~into ~~the~~formal ~~chassis~~relationships ~~comply~~ with USthese ~~guidelines~~dealers ~~and~~upon ~~specifications. We~~completion ~~have received California Air Resources Board (CARB)~~ and ~~U.S.~~assembly ~~Environmental Protection Agency (EPA) certification~~ of ~~2016~~additional truck ~~and 2017 dedicated-compressed natural gas fuel systems for its 6~~inventory.~~0-liter~~ GMThere ~~engines~~is ~~for~~no ~~14,000~~guarantee ~~lbs.~~that ~~and~~we ~~above~~will ~~GVWR~~enter ~~trucks. We~~into ~~use~~additional ~~our~~contracts ~~strategic~~or ~~partner,~~formal ~~CEE,~~relationships ~~LLC~~with ~~for the testing of~~ its ~~engines~~current ~~prior to applying for the CARB~~ customers and ~~EPA~~additional ~~certifications referred to above~~dealers. ~~In addition, we used CEE, LLC and G&K Automotive, another strategic partner, in connection with research and development activities. See “—Strategic Partners” below.~~

~~Customers~~Convert Vehicles for Alternative Fuels

~~Our~~In addition ~~customers~~to ~~include~~our ~~Ryder,~~offering ~~Superior~~of ~~Transportation,~~new ARcommercial ~~Natural~~trucks ~~Gas~~in ~~Fueling~~alternative ~~systems~~fuels, ~~Propane~~we ~~distribution~~can ~~companies,~~convert ~~dealers~~other ~~and~~existing ~~others~~vehicles (such as vehicles manufactured by Ford or GM that do not currently run on alternative fuels) to allow engines to run on CNG or LPG instead of gas or diesel. We have converted vehicles for many dealers.

6Suppliers

~~Funding~~We have ~~for~~supplier ~~the~~relationships ~~incremental~~with ~~cost~~each of ~~the~~Anhui ~~vehicles~~Jianghuai ~~was~~Automobile ~~provided~~Company ~~by the California Energy Commission~~ (~~CEC)~~JAC ~~and the Mobile Source for Pollution Reduction Review Committee. The CEC provides up to (i~~Motors) ~~$20~~,~~000~~ ~~per~~General ~~vehicle~~Motors ~~that are up to 26,000 LBS GVWR~~ and ~~(ii)~~Quantum ~~$26,000~~Technologies for ~~per~~supply ~~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 $2~~chassis,~~024,0004~~ ~~million~~engine ~~from~~and ~~the CEC related to the sale of~~ CNG ~~and~~tanks, ~~propane trucks~~respectively.

InAnhui Jianghuai ~~addition,~~Automobile weCompany ~~have dealer relationships with each of~~ (i)JAC ~~Superior Transportation for sales of CNG and LPG vehicles in Texas (ii~~Motors) A.R. Natural Gas Fueling Systems for sales of our CNG vehicles in Pennsylvania, (iii) Demary Trucks, (iv) Taylor Trucks in Indiana, and (v) AZ commercial trucks in Arizona, We are adding new dealers in 2018. 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.—Chassis

~~Convert~~In October ~~Vehicles~~2012, Greenkraft entered into an agreement with JAC Motors, a Chinese Truck Chassis Manufacturer for ~~Alternative~~the ~~Fuels~~supply of its chassis and cabins. Greenkraft is entitled to use the JAC brand name for manufacturing and distribution of its trucks. The Agreement is for a term of 5-years and was renewed for an additional 5-years.

InGreenkraft has ~~addition~~relationships towith ~~our offering of new commercial trucks in alternative fuels, we can convert~~ other ~~existing~~chassis ~~vehicles~~suppliers. ~~(such~~In asthe ~~vehicles~~event ~~manufactured by Ford or GM~~ that doits ~~not~~relationship ~~currently~~with ~~run~~JAC onMotors ~~alternative~~is ~~fuels) to allow engines to run on CNG or LPG instead of gas or diesel. We have converted vehicles for other dealers including~~terminated, ~~without~~Greenkraft ~~limitation,~~is confident ~~Tom’s~~that ~~Truck~~it ~~Center,~~could ~~Borhner~~procure ~~Trucks,~~a ~~Rush~~relationship ~~Trucks~~with ~~and~~an ~~Rentals,~~alternative ~~RWC~~chassis ~~group,~~supplier ~~Reynolds,~~on ~~and~~commercially ~~Thorson~~reasonable ~~Motors~~terms.

~~Suppliers~~General Motors (GM)—Engines/Power Trains

WeIn October ~~have~~2011, ~~supplier~~Greenkraft ~~relationships~~entered into an agreement with ~~each~~GM ofunder ~~Anhui~~which ~~Jianghuai~~Greenkraft ~~Automobile~~will ~~Company~~have ~~(JAC~~access ~~Motors),~~to ~~General~~GM ~~Motors~~motors and ~~Quantum~~power ~~Technologies~~trains for insertion into their alternative fuel trucks. The agreement is for ~~supply~~a of3-year ~~the~~term ~~chassis~~and is renewable every three years. The current agreement is until December 31, ~~engine~~2020. Greenkraft has relationships with other suppliers of engines and ~~CNG~~power ~~tanks~~trains. In the event that Greenkraft’s agreement with GM is terminated, ~~respectively~~it is confident that it could execute agreements with other suppliers for its engines on commercially reasonable terms.

~~Anhui Jianghuai Automobile Company (JAC Motors)—Chassis~~Strategic Partners

InWe have ~~October~~a ~~2012,~~strategic ~~Greenkraft~~relationship ~~entered into an agreement~~ with ~~JAC~~CEE, ~~Motors~~LLC, aan ~~Chinese~~emission ~~Truck~~laboratory ~~Chassis~~of ~~Manufacturer~~which ~~for~~George ~~the~~Gemayel ~~supply~~is ofthe ~~its~~managing ~~chassis~~member. ~~and~~CEE, ~~cabins. Greenkraft~~LLC is recognized ~~entitled~~by toEPA ~~use~~and ~~the~~CARB ~~JAC~~and ~~brand~~has ~~name~~certified vehicles for ~~manufacturing~~over ~~and~~30 ~~distribution~~years. ofGreenkraft ~~its~~will ~~trucks. The~~continue ~~Agreement~~to isuse CEE for atesting ~~term~~ of ~~5-years~~its engines ~~and~~to ~~was~~ensure ~~renewed~~CARB ~~for~~and anEPA ~~additional 5-years~~compliance.

~~Greenkraft~~We also ~~has~~work ~~relationships~~ with ~~other~~an ~~chassis~~automotive ~~suppliers~~technical division in the automotive safety compliance industry called G&K Automotive Conversion Inc. In (“G&K”). G&K is a California based company founded in 1982 to modify and certify foreign motor vehicles to meet the ~~event~~stringent ~~that~~vehicle ~~its~~safety ~~relationship~~and ~~with~~emission ~~JAC~~standards ~~Motors~~of the United States. G&K is ~~terminated,~~certified ~~Greenkraft~~as a Registered Importer (“RI”) by the Department of Transportation (“DOT”) and is ~~confident~~certified ~~that~~as itan ~~could~~Independent ~~procure~~Commercial aImporter (“ICI”) ~~relationship~~by ~~with~~the Environmental Protection Agency (“EPA”). G&K is also recognized by the California Air Resources board (“CARB”) as an ~~alternative~~approved ~~chassis~~motor ~~supplier~~vehicle onmodifier. ~~commercially~~G&K ~~reasonable~~is ~~terms~~able to provide DOT, EPA, and CARB certification services at a full-service state-of-the-art facility in Santa Ana, California. Mr. George Gemayel is the president and controlling shareholder of G&K. We do not have a written agreement with G&K governing this relationship.

~~General~~Sales Distribution ~~Motors (GM)—Engines/Power Trains~~Strategy

InAs discussed ~~October 2011~~above, ~~Greenkraft~~we ~~entered~~already ~~into~~have andistribution ~~agreement~~agreements ~~with~~in GMplace ~~under~~with ~~which~~several ~~Greenkraft~~dealers. ~~will~~In ~~have~~the ~~access~~event tothat GMour ~~motors~~relationship ~~and~~with any ~~power~~dealers ~~trains~~are ~~for~~terminated, ~~insertion~~we ~~into~~have ~~their~~relationships ~~alternative~~with ~~fuel~~other ~~trucks. The~~dealers ~~agreement~~that iswe ~~for~~can aactivate ~~3-year~~and ~~term~~believe ~~and~~we iscould ~~renewable~~enter ~~every~~into ~~three~~additional agreements ~~years.~~on ~~The~~commercially ~~current~~reasonable ~~agreement~~terms. isWe ~~until~~intend ~~December~~to ~~31,~~enter ~~2020. Greenkraft~~into ~~has~~distribution ~~relationships~~agreements with other ~~suppliers~~dealers offor ~~engines~~other ~~and~~territories in ~~power~~the ~~trains~~United States. In ~~the~~We ~~event~~believe ~~that~~partnering ~~Greenkraft’s~~with ~~agreement~~dealers ~~with~~for GMdistribution isof ~~terminated,~~its ittrucks iswill ~~confident~~have ~~that~~certain itadvantages ~~could~~such ~~execute~~as, experienced ~~agreements~~trained ~~with~~sales ~~other~~force, ~~suppliers~~service ~~for~~network, ~~its~~and ~~engines~~existing oncustomer ~~commercially~~base ~~reasonable~~and ~~terms~~should also serve to reduce marketing costs.

~~Quantum Technologies—CNG tanks and tank assemblies~~Employees

InAs of December ~~2012~~31, ~~Greenkraft entered into $2.5 million purchase order and summary of terms with Quantum Fuel Systems~~2018, ~~Inc.~~we ~~under~~have ~~which~~6 ~~Quantum~~employees ~~agreed to supply Greenkraft with 250 Type 4 30 GGE CNG cylinder tanks including assembly. Greenkraft would be placing orders as needed for its trucks~~ and ~~conversions.~~many ~~Greenkraft would continue placing purchase orders up to the 250 tank packages~~subcontractors.

Greenkraft obtains most components for the alternative fuel trucks from various suppliers as discussed above. In addition, the fuel systems are put together with different components from various suppliers. All components are either procured from suppliers or made specifically by suppliers for Greenkraft. Greenkraft does design certain components and brackets for use in its alternative fuel trucks and conversion systems and then contracts suppliers to make these items based on Greenkraft’s design and specification.Intellectual Property

~~Strategic~~We believe ~~Partners~~that intellectual property protection will be important to our ability to successfully compete in the alternative fuel truck industry. We currently own all rights and patents associated with the Invention “LPG Fuel System” described under Application Number 61908022. This invention relates to the conversion of vehicles to run on LPG. We are currently in the process of recording a formal notice of assignment related to this invention with the United States Patent and Trademark Office.

We intend ~~have~~to arely ~~strategic~~on ~~relationship~~a ~~with~~combination ~~CEE~~of trademark, ~~LLC~~copyright, ancertifications ~~emission~~and ~~laboratory~~trade ofsecret ~~which~~laws ~~George~~and ~~Gemayel~~disclosure isrestrictions ~~the~~to ~~managing~~protect our ~~member~~intellectual property rights. ~~CEE,~~ ~~LLC~~We isintend ~~recognized~~to bymaintain ~~EPA~~a ~~and~~policy ~~CARB~~requiring ~~and~~our ~~has~~employees, ~~certified~~consultants ~~vehicles~~and ~~for~~other ~~over~~third 30parties to ~~years. Greenkraft~~enter ~~will~~into ~~continue~~confidentiality toand ~~use~~proprietary ~~CEE~~rights ~~for~~agreements ~~testing~~and ofto ~~its~~control ~~engines~~access to ~~ensure~~software, ~~CARB~~documentation and ~~EPA~~other ~~compliance~~proprietary information.

We will ~~also~~enter ~~work~~into ~~with~~confidentiality ~~an automotive technical division in the automotive safety compliance industry called G&K Automotive Conversion Inc. (“G&K”). G&K is a California based company founded in 1982 to modify~~ and ~~certify~~invention ~~foreign~~assignment ~~motor~~agreements ~~vehicles~~with toour ~~meet~~employees ~~the stringent vehicle safety~~ and emission standards of the United States. G&K is certified as a Registered Importer (“RI”) by the Department of Transportation (“DOT”) and is certified as an Independent Commercial Importer (“ICI”) by the Environmental Protection Agency (“EPA”). G&K is also recognized by the California Air Resources board (“CARB”) as an approved motor vehicle modifier. G&K is able to provide DOTcontractors, ~~EPA,~~ and ~~CARB~~nondisclosure ~~certification~~agreements with ~~services~~parties atwith awhom ~~full-service~~we ~~state-of-the-art~~conduct ~~facility~~business in ~~Santa~~order ~~Ana,~~to ~~California. Mr.~~limit ~~George~~access ~~Gemayel~~to ~~is the president~~ and ~~controlling~~disclosure ~~shareholder~~ of ~~G&K. We~~our doproprietary ~~not have a written agreement with G&K governing this relationship~~information.

8We will aggressively protect our intellectual property rights by relying on federal, state and common law rights, as well as a variety of administrative procedures. We will pursue the registration of our trademarks, copyrights, and domain names in the U.S. and international jurisdictions.

~~Sales~~The steps ~~Distribution~~we ~~Strategy~~have taken to protect our intellectual property rights may not be adequate. Third parties may infringe or misappropriate our proprietary rights. Competitors may also independently develop technologies that are substantially equivalent or superior to the technologies we employ in our services. Failure to protect our proprietary rights adequately could significantly harm our competitive position and results of operations.

As discussed above, we already have distribution agreements in place with each of (i) Superior Transportation for sales of CNG and LPG vehicles in Texas and (ii) A.R. Natural Gas Fueling Systems for sales of our CNG vehicles in Pennsylvania, (iii) Demary Trucks Ohio, (iv) Taylor trucks in Indiana, and (v) AZ commercial trucks in Arizona. In the event that our relationship with any of these dealers terminated, we have relationships with other dealers that we can activate and believe we could enter into additional agreements on commercially reasonable terms. We intend to enter into distribution agreements with other dealers for other territories in the United States. We already had discussions with distributors in New York, New Jersey, California and Oregon for formal distribution relationships, which we intend to formalize upon reaching a critical mass of inventory of our alternative fuel trucks. We believe partnering with dealers for distribution of its trucks will have certain advantages such as, experienced trained sales force, service network, and existing customer base and should also serve to reduce marketing costs.7

~~Employees~~Governmental Programs, Incentives and Regulations

AsCalifornia Energy ofCommission ~~December 31, 2017, we have 8 employees.~~(CEC)

~~Intellectual~~The California ~~Property~~Energy Commission was providing buy-downs related to the purchase of alternative fuel trucks to cover the incremental cost of purchasing alternative fuel vehicles. Greenkraft received $2,024,000 from the CEC of which (i) $400,000 was applied to the buy-down of 20 CNG vehicles; (ii) $340,000 was applied to the buy down of 17 CNG vehicles (iii) $400,000 was applied to the buy down of 40 propane vehicles of 14,500 lbs and $884,000 was applied to large CNG vehicles. These amounts were recognized as deferred revenue. These amounts were to be used per truck. Several incentives were received and revenues were recognized. From the amounts received $1.284 million was in the company’s books as deferred income. In 3rd quarter 2017 the company agreed to return these amounts because of the age of the incentives and apply for new ones. Therefore, the company has converted this amount from deferred income to debt and once new incentives are received the company will apply the new incentives as income per vehicle once the vehicles are sold. The Company began returning the funds to the CEC at a rate of $20,000 per month in 2017.

WeCalifornia Alternative ~~believe~~Energy ~~that intellectual property protection will be important to our ability to successfully compete in the alternative fuel truck industry. We currently own all rights~~ and ~~patents~~Advanced ~~associated~~Transportation ~~with~~Financing ~~the~~Authority ~~Invention~~Tax “LPG Fuel System” described under Application Number 61908022. This invention relates to the conversion of vehicles to run on LPG. We are currently in the process of recording a formal notice of assignment related to this invention with the United States Patent and Trademark Office.Incentives

We intend to ~~rely~~apply onfor aan ~~combination~~arrangement ofwith ~~trademark,~~the ~~copyright,~~California ~~certifications~~Alternative ~~and~~Energy ~~trade secret laws~~ and ~~disclosure~~Advanced ~~restrictions~~Transportation toFinancing ~~protect~~Authority ~~our~~(CAEATFA) that ~~intellectual~~could ~~property~~result ~~rights.~~in Wean ~~intend~~exemption tofrom ~~maintain~~California astate ~~policy~~sales ~~requiring our employees, consultants~~ and ~~other~~use ~~third~~taxes ~~parties~~for tosale ~~enter~~of ~~into~~our ~~confidentiality and proprietary rights agreements and to control access to software, documentation and other proprietary information~~trucks.

We will enter into confidentiality and invention assignment agreements with our employees and contractors, and nondisclosure agreements with parties with whom we conduct business in order to limit access to and disclosure of our proprietary information.Regulatory Credits

WeIn connection ~~will~~with ~~aggressively~~the ~~protect~~delivery ~~our~~and ~~intellectual~~placement ~~property~~into ~~rights~~service byof ~~relying~~our onalternative ~~federal,~~fuel ~~state~~vehicles ~~and~~in ~~common~~the ~~law~~United ~~rights~~States, aswe ~~well~~may asbe aable to ~~variety~~earn ofvarious ~~administrative~~tradable ~~procedures. We~~regulatory ~~will~~credits ~~pursue~~that ~~the~~can ~~registration~~be ofsold ~~our~~to ~~trademarks,~~other ~~copyrights, and domain names in the U~~manufacturers.~~S. and international jurisdictions.~~

~~The~~Under the ~~steps~~Environmental weProtection ~~have~~Agency’s ~~taken~~(EPA) national greenhouse gas (GHG) emission standards, vehicle manufacturers are required to ~~protect~~meet ~~our~~fleet-wide ~~intellectual~~average ~~property~~carbon ~~rights~~dioxide ~~may~~emissions ~~not~~standards befor ~~adequate~~cars and trucks at increasingly lower levels annually from 2012 – 2025. ~~Third~~Those ~~parties~~manufacturers ~~may~~whose ~~infringe~~fleet orwide ~~misappropriate~~average ~~our~~fails ~~proprietary~~to ~~rights~~meet such standards have a deficit in their emission profile. ~~Competitors~~Those manufacturers whose fleet wide average performs better than such standards may ~~also~~earn ~~independently~~credits. ~~develop~~Manufacturers ~~technologies~~may sell ~~that~~excess ~~are~~credits ~~substantially~~to ~~equivalent~~other ormanufacturers ~~superior~~who can apply such credits to ~~the~~comply ~~technologies~~with these regulatory requirements. As a manufacturer if we ~~employ~~earn inGHG ~~our~~credits ~~services. Failure~~established toby ~~protect~~this ~~our~~standard ~~proprietary~~we ~~rights~~may ~~adequately~~enter ~~could~~into ~~significantly~~contracts ~~harm~~for ~~our~~the ~~competitive~~sale ~~position~~of credits with several automotive manufacturers, if and ~~results~~when ofsuch ~~operations~~credits are earned by us.

~~Governmental~~Regulation—EPA Emissions ~~Programs,~~& ~~Incentives~~Certificate ~~and~~of ~~Regulations~~Conformity

~~California~~Our products ~~Energy~~are ~~Commission~~sold to commercial users. Our alternative fuel engines are subject to approval for the U.S. EPA as well as state agencies such as the CARB. We have received Certificates of Conformity from the EPA and Executive Order from CARB for our natural gas and propane fuel engines that go into vehicles (~~CEC~~in excess of 14,000 lbs.) We have received certificates for the past few years for the following engines GM 4.8 liter, 6.0 liter, 8.0 liter and Ford 6.8 liter.

The California Energy Commission was providing buy-downs related to the purchase of alternative fuel trucks to cover the incremental cost of purchasing alternative fuel vehicles. Greenkraft received $2,024,000 from the CEC of which (i) $400,000 was applied to the buy-down of 20 CNG vehicles; (ii) $340,000 was applied to the buy down of 17 CNG vehicles (iii) $400,000 was applied to the buy down of 40 propane vehicles of 14,500 lbs and $884,000 was applied to large CNG vehicles. These amounts were recognized as deferred revenue. These amounts were to be used per truck. Several incentives were received and revenues were recognized. From the amounts received $1.284 million was in the company’s books as deferred income. In 3rd quarter the company agreed to return these amounts because of the age of the incentives and apply for new ones. Therefore, the company has converted this amount from deferred income to debt and once new incentives are received the company will apply the new incentives as income per vehicle once the vehicles are sold. The Company will return the funds to the CEC at a rate of $20,000 per month. Competition

~~California~~Competition in ~~Alternative~~the ~~Energy~~automotive industry is intense and ~~Advanced~~evolving. ~~Transportation~~We ~~Financing~~believe ~~Authority~~the ~~Tax~~impact ~~Incentives~~of new regulatory requirements for vehicle emissions, technological advances in powertrain and shifting customer needs and expectations are causing the industry to evolve in the direction of alternative fuel vehicles. We believe the primary competitive factors in our markets include but are not limited to:

We● ~~intend~~product toquality ~~apply for an arrangement with the California Alternative Energy~~ and ~~Advanced~~safety; ~~Transportation~~● ~~Financing~~service ~~Authority~~options; ~~(CAEATFA)~~● ~~that~~product ~~could~~performance; ~~result~~● inproduct anprice; ~~exemption from California state sales~~ and ~~use~~● ~~taxes~~manufacturing ~~for sale of our trucks~~efficiency.

~~Regulatory~~The worldwide ~~Credits~~automotive market, particularly for alternative fuel vehicles, is highly competitive today and we expect it will become even more so in the future.

InMost of ~~connection~~our ~~with~~current and potential competitors have significantly greater financial, technical, manufacturing, marketing and other resources than we do and may be able to devote greater resources to the ~~delivery~~design, development, manufacturing, distribution, promotion, sale and ~~placement~~support ~~into~~of ~~service~~their products. Virtually all of our ~~alternative~~competitors ~~fuel~~have ~~vehicles~~more inextensive ~~the~~customer ~~United~~bases ~~States~~and broader customer and industry relationships than we do. In addition, almost all of these companies have longer operating histories and greater name recognition than we do. Our competitors may be ~~able~~in a stronger position to ~~earn~~respond ~~various~~quickly ~~tradable~~to ~~regulatory~~new ~~credits~~technologies ~~that~~and ~~can~~may be ~~sold~~able to ~~other~~design, ~~manufacturers~~develop, market and sell their products more effectively.

Under the Environmental Protection Agency’s (EPA) national greenhouse gas (GHG) emission standards, vehicle manufacturers are required to meet fleet-wide average carbon dioxide emissions standards for cars and trucks at increasingly lower levels annually from 2012 – 2025. Those manufacturers whose fleet wide average fails to meet such standards have a deficit in their emission profile. Those manufacturers whose fleet wide average performs better than such standards may earn credits. Manufacturers may sell excess credits to other manufacturers who can apply such credits to comply with these regulatory requirements. As a manufacturer if we earn GHG credits established by this standard we may enter into contracts for the sale of credits with several automotive manufacturers, if and when such credits are earned by us.9

10ITEM 1A. RISK FACTORS

~~Regulation—EPA Emissions & Certificate of Conformity~~Not required.

~~Our products are sold to commercial users~~ITEM 1B. ~~Our~~ ~~alternative~~UNRESOLVED ~~fuel~~STAFF engines are subject to approval for the U.S. EPA as well as state agencies such as the CARB. We have received Certificates of Conformity from the EPA and Executive Order from CARB for our natural gas and propane fuel engines that go into vehicles (in excess of 14,000 lbs.) We have received certificates for the past few years for the following engines GM 4.8 liter, 6.0 liter, 8.0 liter and Ford 6.8 liter. COMMENTS

~~Competition~~None.

~~Competition in the automotive industry is intense and evolving~~ITEM 2. We believe the impact of new regulatory requirements for vehicle emissions, technological advances in powertrain and shifting customer needs and expectations are causing the industry to evolve in the direction of alternative fuel vehicles. We believe the primary competitive factors in our markets include but are not limited to:PROPERTIES

·Our corporate headquarters are located at 2530 S. Birch Street, Santa Ana, CA 92707 and our telephone number is (714) 545-7777. The property where our corporate offices are located is owned by First Standard Real Estate LLC, an entity which is controlled by our President George Gemayel. We have a lease agreement with First Standard Real Estate, LLC, which lease a portion of the building as 20,000 square feet of garage area at a rate of $10,000 per month for a term of 5 years with one month free. The property at our headquarters has space for expansion that Greenkraft may use in the future.

~~product~~ITEM 3. ~~quality~~LEGAL ~~and safety;~~PROCEEDINGS

·We know of no material pending or active legal proceedings to which we are a party or concerning any of our properties. We are not aware of any legal proceedings contemplated by any governmental authority against us.

~~service~~ITEM 4. ~~options;~~MINE SAFETY DISCLOSURES

·Not applicable.

~~product performance;~~10

·PART II

~~product~~ITEM 5. ~~price;~~MARKET ~~and~~FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

·Market Information

~~manufacturing~~There is ~~efficiency~~a limited public market for our common shares. Our common shares are quoted on the OTCQB Sheets under the symbol “GKIT”. Trading in stocks quoted on the OTCQB is often thin and is characterized by wide fluctuations in trading prices due to many factors that may be unrelated to a company’s operations or business prospects. We cannot assure you that there will be a market in the future for our common stock.

~~The~~OTCQB securities ~~worldwide~~are ~~automotive~~not ~~market,~~listed ~~particularly~~or ~~for~~traded ~~alternative~~on ~~fuel~~the ~~vehicles~~floor of an organized national or regional stock exchange. Instead, isOTCQB ~~highly~~securities transactions ~~competitive~~are ~~today~~conducted through a telephone and wecomputer ~~expect~~network itconnecting ~~will~~dealers ~~become~~in ~~even~~stocks. ~~more~~OTCQB soissuers inare traditionally smaller companies that do not meet the ~~future~~financial and other listing requirements of a regional or national stock exchange.

~~Most~~ Number of our current and potential competitors have significantly greater financial, technical, manufacturing, marketing and other resources than we do and may be able to devote greater resources to the design, development, manufacturing, distribution, promotion, sale and support of their products. Virtually all of our competitors have more extensive customer bases and broader customer and industry relationships than we do. In addition, almost all of these companies have longer operating histories and greater name recognition than we do. Our competitors may be in a stronger position to respond quickly to new technologies and may be able to design, develop, market and sell their products more effectively.Holders

11As of December 31, 2018, we had approximately 94 shareholders of record of our common stock.

~~ITEM~~Dividend Policy ~~1A. RISK FACTORS~~

~~Not~~We have ~~required~~not declared any cash dividends on our common stock since our inception and do not anticipate paying such dividends in the foreseeable future. We plan to retain any future earnings for use in our business. Any decisions as to future payments of dividends will depend on our earnings and financial position and such other facts, as the Board of Directors deems relevant.

~~ITEM~~Recent Sales ~~1B.~~of ~~UNRESOLVED~~Unregistered ~~STAFF~~Securities; ~~COMMENTS~~Use of Proceeds from Registered Securities

~~None~~Greenkraft had some account payable that was converted to a note during the quarter ended March 31, 2017 and the Company re-classed it to notes payable. The term of the notes is due on demand. Simple interest of 1% is payable upon demand. Prior to maturity the notes may be converted for common stock at a conversion price of $0.001. In 2018 a $2,000 note was converted as well to 2,000,000 shares leaving $5,500 in a convertible note.

~~ITEM~~Equity Compensation 2.Plan ~~PROPERTIES~~Information

Our corporate headquarters are located at 2530 S. Birch Street, Santa Ana, CA 92707 and our telephone number is (714) 545-7777. The property where our corporate offices are located is owned by First Standard Real Estate LLC, an entity which is controlled by our President George Gemayel. We do not have ain ~~lease~~effect ~~agreement~~any ~~with~~compensation ~~First~~plans ~~Standard~~under ~~Real Estate, LLC,~~ which ~~lease a portion of the building as 20,000 square feet of garage area at a rate of $10,000 per month for a term of 5 years with one month free. The property at~~ our ~~headquarters~~equity ~~has~~securities ~~space~~are ~~for~~authorized ~~expansion that Greenkraft may use in the future. We had a lease~~ for ~~approximately~~issuance ~~51,942 square feet of office~~ and ~~warehouse~~we ~~space~~do atnot ahave any ~~rate~~outstanding ofstock ~~$27,500 per month with First Warner Properties, LLC, an entity controlled by our President George Gemayel in 2016~~options. ~~The lease was modified to a lower rate of $17,500 in 2017. In mid 2017 the lease was terminated.~~

~~ITEM~~Purchase of 3.Equity ~~LEGAL~~Securities ~~PROCEEDINGS~~by the Issuer and Affiliated Purchasers

We did ~~know~~not ofpurchase noany ~~material~~of ~~pending~~our orshares ~~active~~of ~~legal~~common ~~proceedings~~stock ~~to which we are a party~~ or ~~concerning~~other ~~any~~securities ofduring our ~~properties. We~~fourth ~~are~~quarter ~~not aware~~ of ~~any~~our ~~legal~~fiscal ~~proceedings~~year ~~contemplated~~ended byDecember 31, ~~any governmental authority against us~~2018.

ITEM 4 6. ~~MINE~~SELECTED ~~SAFETY~~FINANCIAL ~~DISCLOSURES~~DATA

Not applicable.

~~PART II~~11

ITEM 5 7. ~~MARKET FOR REGISTRANT~~MANAGEMENT’S ~~COMMON~~DISCUSSION ~~EQUITY,~~AND ~~RELATED~~ANALYSIS ~~STOCKHOLDER~~OF ~~MATTERS~~FINANCIAL CONDITION AND ~~ISSUER~~RESULTS ~~PURCHASES~~ OF ~~EQUITY~~OPERATIONS ~~SECURITIES~~

~~Market Information~~Safe Harbor

~~There~~This Annual isReport aon ~~limited~~Form ~~public~~10-K ~~market~~contains ~~for~~forward-looking ~~our~~statements ~~common~~that ~~shares.~~involve ~~Our~~risks ~~common~~and ~~shares~~uncertainties. ~~are~~These ~~quoted~~statements onrelate ~~the~~to future ~~OTCQB~~events ~~Sheets~~or ~~under~~our ~~the~~future ~~symbol~~financial ~~“GKIT”~~performance. ~~Trading~~In insome ~~stocks~~cases, ~~quoted~~you oncan ~~the~~identify ~~OTCQB~~forward-looking isstatements ~~often thin and is characterized~~ by ~~wide~~terminology ~~fluctuations~~including, “could” in“may”, ~~trading~~“will”, ~~prices~~“should”, ~~due~~“expect”, to“plan”, ~~many~~“anticipate”, “believe”, ~~factors~~“estimate”, ~~that~~“predict”, ~~may~~“potential” beand ~~unrelated~~the tonegative aof ~~company’s~~these ~~operations~~ terms or ~~business~~other ~~prospects~~comparable terminology. We ~~cannot~~These ~~assure~~statements ~~you~~are ~~that~~only ~~there~~predictions. ~~will~~Actual beevents aor ~~market~~results inmay ~~the~~differ ~~future for our common stock~~materially.

12While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this Annual Report.

OTCQB securities are not listed or traded on the floor of an organized national or regional stock exchange. Instead, OTCQB securities transactions are conducted through a telephone and computer network connecting dealers in stocks. OTCQB issuers are traditionally smaller companies that do not meet the financial and other listing requirements of a regional or national stock exchange.Overview

~~Number~~RESULTS OF ~~of Holders~~OPERATIONS

~~As of December 31, 2017, we had approximately 94 shareholders of record of our common stock.~~ Working Capital

Dividend Policy

	Year ended		Year ended
	December 31, 2018		December 31, 2017
Current Assets	$	1,833,532	$	1,904,336
Current Liabilities		1,162,470		1,060,870
Working Capital		671,062		843,466

We have not declared any cash dividends on our common stock since our inception and do not anticipate paying such dividends in the foreseeable future. We plan to retain any future earnings for use in our business. Any decisions as to future payments of dividends will depend on our earnings and financial position and such other facts, as the Board of Directors deems relevant. Cash Flows

Recent Sales of Unregistered Securities; Use of Proceeds from Registered Securities

	Year ended December 31, 2018			Year ended December 31, 2017
Cash Flows Provided by (Used in) Operating Activities	$	(519,463	)	$	(360,739	)
Cash Flows Provided by (Used in) Investing Activities		0			0
Cash Flows Used in Financing Activities		525,000			0
Net Increase (Decrease) in Cash During Period		5,537			(360,739	)

An amount originally in Accounts payable was converted to promissory note that was issued in the aggregate amount of $15,000 in October 2015 for the marketing and advertising services received in 2016. During the quarter ended March 31, 2016, the Company re-classed the balance from accounts payable to notes payable. The term of the notes is due on demand. Simple interest of 1% is payable upon demand. Prior to maturity the notes may be converted for common stock at a conversion price of $0.001. On April 22, 2016, the holder of convertible note converted $7,500 of convertible note payable to 7,500,000 common shares. Operating Revenues

~~Equity~~During the ~~Compensation~~year ~~Plan~~ended ~~Information~~December 31, 2018 we earned revenues of $434,168 compared to revenues of $1,153,429 at the year ended December 31, 2017.

~~We do not have in effect any compensation plans under which our equity securities are authorized for issuance and we do not have any outstanding stock options.~~12

~~Purchase~~Operating Expenses ~~of Equity Securities by the Issuer~~ and ~~Affiliated~~Net ~~Purchasers~~Loss

WeDuring the ~~did~~year ~~not~~ended ~~purchase~~December ~~any~~31, of2018, ~~our~~we ~~shares~~incurred ofoperating ~~common~~expenses ~~stock~~of or$548,075 ~~other~~compared ~~securities~~with ~~during~~operating ~~our~~expenses ~~fourth quarter~~ of ~~our~~$1,420,196 ~~fiscal~~during the year ended December 31, 2017.

~~ITEM~~For the 6.year ~~SELECTED~~ended ~~FINANCIAL~~December ~~DATA~~31, 2018, we incurred a net loss of $692,941 compared with a net loss of $1,031,877 for the year ended December 31, 2017.

~~Not~~Liquidity and ~~applicable.~~Capital Resources

13As at December 31, 2018, we had a cash and cash equivalents balance of $23,876 and total assets of $1,987,915 compared with $18,339 of cash and total assets of $2,090,055 as at December 31, 2017. The increase in cash was due to some sales and line we used.

~~ITEM~~As at 7December 31, 2018, we had total liabilities of $4,592,720 compared with total liabilities of $4,711,120 at December 31, 2017. The ~~MANAGEMENT’S~~decrease ~~DISCUSSION~~in ~~AND~~total ~~ANALYSIS~~liabilities OFwas ~~FINANCIAL~~due ~~CONDITION~~to ~~AND~~the ~~RESULTS~~line OFof ~~OPERATIONS~~credit and accounts payable being paid off in 2018.

~~Safe Harbor~~As at December 31, 2018, we had a working capital of $671,062 compared with a working capital deficit of $843,466 as at December 31, 2017.

~~This~~Cash flow ~~Annual~~from ~~Report~~Operating on Form 10-K contains forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including, "could" "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential" and the negative of these terms or other comparable terminology. These statements are only predictions. Actual events or results may differ materially.Activities

~~While~~During the ~~these~~year ~~forward-looking~~ended ~~statements~~December 31, ~~and~~2018, ~~any~~the ~~assumptions~~cash ~~upon~~used ~~which~~by ~~they~~operating ~~are~~activities ~~based~~total $519,463 ~~are~~compared ~~made~~to inthe ~~good~~cash ~~faith~~provided ~~and~~by ~~reflect~~total $360,739 ~~our~~during ~~current judgment regarding~~ the ~~direction~~year ofended ~~our~~December ~~business~~31, ~~actual~~2017. ~~results~~The ~~will~~cash ~~almost~~was ~~always~~primarily ~~vary,~~used ~~sometimes~~to ~~materially,~~pay ~~from~~out ~~any~~accounts ~~estimates,~~payable ~~predictions,~~in ~~projections,~~2018 ~~assumptions~~related orto ~~other~~the inventory ~~future~~purchase ~~performance~~for ~~suggested~~the ine-vehicle ~~this Annual Report~~project.

~~Overview~~Cash flow from Investing Activities

~~RESULTS~~During the OFyear ~~OPERATIONS~~ended December 31, 2018, the cash provided by investing activities total $0 compared to the cash used in total $0 during the year ended December 31, 2017. Annual amounts primarily consist of capital expenditures to support our manufacturing efforts.

~~Working~~Cash flow ~~Capital~~from Financing Activities

	Year ended	Year ended
	December 31,	December 31,
	2017	2016
Current Assets	$ 2,027,386	$ 1,781,735
Current Liabilities	1,060,870	4,842,865
Working Capital (Deficit)	966,516	(3,061,130)

During the year ended December 31, 2018, the cash provided by financing activities total $525,000 compared with total $0 during the year ended December 31, 2017.

Cash Flows
	Year ended December 31, 2017	Year ended December 31, 2016
Cash Flows Provided by (Used in) Operating Activities	$ (360,739)	$ (1,389,872)
Cash Flows Provided by (Used in) Investing Activities	0	1,506,152
Cash Flows Used in Financing Activities	0	(1,998,850)
Net Increase (Decrease) in Cash During Period	(360,739)	(1,882,570)

~~Operating Revenues~~Liquidity

~~During~~The accompanying ~~the~~financial ~~year~~statements ~~ended~~have ~~December~~been ~~31,~~prepared ~~2017~~in weaccordance ~~earned~~to ~~revenues~~FASB Subtopic 205-40, Presentation of $1Financial Statements—Going Concern. In connection with preparing financial statements for each annual and interim reporting period,~~153~~ an entity’s management should evaluate whether there are conditions or events,~~429~~ ~~compared~~considered in the aggregate, that raise substantial doubt about the entity’s ability to ~~revenues~~continue ofas ~~$846,957~~a atgoing concern within one year after the date that the financial statements are issued (or within one year ~~ended~~after ~~December~~the ~~31,~~date ~~2016~~that the financial statements are available to be issued when applicable). Greenkraft’s management evaluated the current financial situation and believes the company is able to continue as a going concern within one year.

14During the year ended December 31, 2018, the Company incurred a loss from continuing operation of $510,741 and a net loss $692,941, the stockholders’ deficit was $2,604,805 and the working capital was $671,062. The working capital deficit has been majority funded by accounts payable to its related parties and related party debt. Based on the financial support letter from the CEO of Greenkraft, he and his related party entities, has no present or future plans or intentions to (A) liquidate Greenkraft, Inc.; (B) sell or otherwise dispose of all, or a significant portion of, its investment in the Company or otherwise change its capital structure; (C) discontinue providing financial support to Greenkraft, Inc; or (D) pursue the collection if the company has cash flow issues. The Company is expected to have sufficient cash flow to cover the normal business operations for the twelve months-ended December 31, 2019. For the next 12 months following this filing, the Company will continue to receive sales orders, recognize revenue by selling the qualified trucks for the government incentive program, committed financial support from the owner and his related parties to fund its ongoing operation until the Company is able to meet its own obligation as they become due.

~~Operating~~Management believes ~~Expenses~~they will have sufficient funds to support their business based on the following: (a) revenues derived from signing up new dealers’ contracts and ~~Net~~delivering ~~Loss~~alternative fuel trucks to them; (b) reclassify accounts payable- related parties and related parties’ debt as non- current liabilities in the amounts of $816,334 and $1,901,916 as of December 31, 2018 and 2017, respectively, which is related to the financial support letter from the CEO, and (c) the CEO can raise additional funds needed to support our business plan. Management intends to seek new capital from owners and related parties to provide needed funds, as necessary. However, there can be no assurance that the Company can raise any additional funds, or if it can, that such funds will be on terms acceptable to the Company.

~~During~~The financial ~~the~~statements ~~year~~do ~~ended~~not ~~December~~include ~~31,~~any ~~2017,~~adjustments wethat ~~incurred~~might ~~operating~~be ~~expenses~~necessary ofif ~~$1,420,196 compared with operating expenses of $935,968 during~~ the ~~year~~Company ~~ended December 31, 2016. The reason for the increase~~ is ~~due~~unable to ~~company~~continue ~~has~~as ~~share~~a ~~compensation~~going ~~expense of $867,100~~concern.

~~For~~Off-Balance Sheet ~~the year ended December 31, 2017, we incurred a loss from operations of $1,031,877 compared with a net loss of $792,962 for the year ended December 31, 2016.~~ Arrangements

~~Liquidity~~We have ~~and~~no ~~Capital~~significant ~~Resources~~off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to stockholders.

As at December 31, 2017, we had a cash and cash equivalents balance of $18,339 and total assets of $2,027,386 compared with $ $379,078 of cash and total assets of $2,394,577 as at December 31, 2016. The decrease in cash was due to the line of credit and accounts payable being paid off in 2017.14

~~As at December 31, 2017, we had total liabilities of $4,711,120 compared with total liabilities of $4,850,865 at December 31, 2016~~ITEM 8. ~~The~~ ~~decrease~~FINANCIAL inSTATEMENTS ~~total~~AND ~~liabilities~~SUPPLEMENTARY ~~was due to the line of credit and accounts payable being paid off in 2017.~~DATA

~~As at December 31~~GREENKRAFT, ~~2017, we had a working capital deficit of $966,516 compared with a working capital deficit of $3,061,130 as at December 31, 2016~~ INC.

~~Cash~~Index to ~~flow~~Financial ~~from Operating Activities~~Statements

During the year ended December 31, 2017, the cash used by operating activities total $360,739 compared to the cash provided by total $1,389,872 during the year ended December 31, 2016. The cash was primarily used to pay out accounts payable in 2017 related to the inventory purchase for the e-vehicle project.

Report of Independent Registered Public Accounting Firm	F-1

Balance Sheets as of December 31, 2018 and 2017	F-2

Statements of Operations for the years ended December 31, 2018 and 2017	F-3

Statements of Changes in Stockholders’ Deficit for the years ended December 31, 2018 and 2017	F-4

Statements of Cash Flows for the years ended December 31, 2018 and 2017	F-5

Notes to the Financial Statements	F-6

~~Cash flow from Investing Activities~~15

~~During~~REPORT OF ~~the~~INDEPENDENT ~~year~~REGISTERED ~~ended~~PUBLIC ~~December~~ACCOUNTING 31, 2017, the cash provided by investing activities total $0 compared to the cash used in total $1,506,152 during the year ended December 31, 2016. Annual amounts primarily consist of capital expenditures to support our manufacturing efforts. Also included in investing cash flows for the years ended December 31, 2017 and 2016, are $0 and $1.5 million, respectively, related to changes in restricted cash to support collateral requirements for our line of credit facility.FIRM

~~Cash~~To the ~~flow~~Board ~~from~~of ~~Financing~~Directors ~~Activities~~and Shareholders of Greenkraft, Inc.

~~During~~Opinion on the ~~year~~Financial ended December 31, 2017, the cash used by financing activities total $0 compared with total $1,998,850 during the year ended December 31, 2016. The 2017 result is due to an offset by $1,998,850 in repayment under the line of credit facility.Statements

15We have audited the accompanying balance sheets of Greenkraft, Inc. (“the Company”) as of December 31, 2018 and 2017, and the related statements of operations, changes in stockholders’ deficit, and cash flows for each of the years in the two-year period ended December 31, 2018, and the related notes (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2018 and 2017, and the results of its operations and its cash flows for each of the years in the two-year period ended December 31, 2018, in conformity with accounting principles generally accepted in the United States of America.

~~Liquidity~~Basis for Opinion

~~The accompanying~~ These financial statements ~~have~~are ~~been~~the ~~prepared~~responsibility ~~in accordance to FASB Subtopic 205-40, Presentation~~ of ~~Financial~~the ~~Statements—Going Concern. In connection with preparing financial statements for each annual and interim reporting period, an entity~~Company’s management. ~~should~~Our ~~evaluate~~responsibility ~~whether~~is ~~there~~to ~~are~~express ~~conditions~~an oropinion ~~events, considered in~~ on the ~~aggregate, that raise substantial doubt about the entity~~Company’s ~~ability~~financial tostatements ~~continue~~based ason aour ~~going~~audits. ~~concern~~We ~~within~~are ~~one~~a ~~year~~public ~~after~~accounting ~~the~~firm ~~date~~registered ~~that~~with the ~~financial~~Public ~~statements~~Company Accounting ~~are~~Oversight ~~issued~~Board (orUnited ~~within~~States) ~~one~~(PCAOB) ~~year~~and ~~after~~are ~~the~~required ~~date~~to ~~that~~be ~~the~~independent ~~financial~~with ~~statements~~respect ~~are~~to ~~available~~the toCompany bein ~~issued~~accordance with ~~when~~the ~~applicable)~~U.S. ~~Greenkraft’s~~federal ~~management~~securities ~~evaluated~~laws and the ~~current~~applicable ~~financial~~rules ~~situation~~and regulations of the ~~company~~Securities and ~~believes~~Exchange ~~the~~Commission ~~company~~and ~~has no going concern within one year~~the PCAOB.

~~During~~We conducted ~~the~~our ~~year~~audits ~~ended~~in ~~December~~accordance ~~31,~~with ~~2017,~~ the ~~Company~~standards ~~incurred a loss from continuing operation~~ of ~~$1,031,794 and a net loss $1,031,877, and~~ the ~~stockholders’ deficit was $2,621,065 and the working capital deficit was $966,516~~PCAOB. ~~The~~Those ~~working~~standards ~~capital~~require ~~deficit~~that ~~have~~we ~~been~~plan ~~majority~~and ~~funded~~perform bythe ~~accounts payable~~ audit to ~~its~~obtain ~~related~~reasonable ~~parties~~assurance ~~and~~about ~~related~~whether ~~party debt. Based on~~ the financial ~~support~~statements ~~letter~~are ~~from~~free ~~the CEO~~ of ~~Greenkraft,~~material ~~he and his related party entities~~misstatement, ~~has~~whether nodue ~~present~~to error or ~~future~~fraud. ~~plans~~The orCompany ~~intentions~~is tonot ~~(A)~~required ~~liquidate~~to ~~Greenkraft~~have, ~~Inc.;~~nor ~~(B)~~were ~~sell~~we orengaged ~~otherwise~~to ~~dispose of all~~perform, oran aaudit ~~significant portion~~ of, its ~~investment~~internal incontrol ~~the~~over ~~Company or otherwise change its capital structure; (C) discontinue providing~~ financial ~~support to Greenkraft, Inc; or (D) pursue the collection if the company has cash flow issues~~ reporting. ~~Based~~As onpart ~~the~~of ~~cash~~our ~~burn calculation~~audits, ~~the~~we ~~Company~~are isrequired ~~expected~~ to ~~have~~obtain ~~sufficient~~an ~~cash~~understanding ~~flow~~of tointernal ~~cover~~control ~~the~~over ~~normal~~financial ~~business~~reporting, ~~operations~~but not for the ~~twelve~~purpose ~~months-ended~~of ~~December~~expressing ~~31,~~an ~~2018.~~opinion ~~for~~on the ~~next~~effectiveness 12of ~~months following this filing,~~ the Company’s ~~will~~internal ~~continue~~control toover ~~receive~~financial ~~sales orders~~reporting. Accordingly, ~~recognize~~we ~~revenue~~express byno ~~selling~~such the qualified trucks for the government incentive program, committed financial support from the owner and his related parties to fund its ongoing operation until the Company is able to meet its own obligation as they become dueopinion.

~~Management~~Our audits ~~believes~~included ~~they~~performing ~~will~~procedures ~~have sufficient funds~~ to ~~support~~assess ~~their business based on~~ the ~~following:~~risks ~~(a)~~of ~~revenues~~material ~~derived~~misstatement ~~from~~of ~~signing~~the upfinancial ~~new~~statements, ~~dealers’~~whether ~~contracts~~due ~~and delivering alternative fuel trucks~~ to error ~~them;~~or ~~(b)~~fraud, ~~reclassify accounts payable- related parties~~ and ~~related~~performing ~~parties’~~procedures ~~debt~~that asrespond ~~non-~~to ~~current~~those ~~liabilities~~risks. inSuch ~~amount~~procedures ofincluded ~~$816~~examining,~~334~~ ~~and~~on ~~$1,901,916,~~a ~~respectively~~test basis, ~~which~~evidence regarding ~~is related to~~ the ~~financial~~amounts ~~support~~and ~~letter~~disclosures ~~from~~in the ~~CEO, and~~financial ~~(c) the CEO can raise additional funds needed to support our business plan~~statements. ~~Management~~Our ~~intends~~audits toalso ~~seek~~included ~~new~~evaluating ~~capital~~the ~~from~~accounting ~~owners~~principles used and ~~related~~significant ~~parties~~estimates tomade ~~provide~~by ~~needed funds~~management, as ~~necessary.~~well ~~However,~~as ~~there~~evaluating ~~can~~the beoverall nopresentation ~~assurance~~of ~~that~~ the ~~Company~~financial ~~can~~statements. We ~~raise~~believe ~~any additional funds, or if it can,~~ that ~~such~~our ~~funds~~audits ~~will~~provide bea onreasonable ~~terms~~basis ~~acceptable~~for toour ~~the Company~~opinion.

~~The~~/s/ Fruci ~~financial~~& ~~statements~~Associates doII, ~~not include any adjustments that might be necessary if the Company is unable to continue as a going concern.~~PLLC

~~Off-Balance~~Fruci & ~~Sheet~~Associates ~~Arrangements~~II, PLLC

We have noserved as ~~significant~~the ~~off-balance~~Company’s ~~sheet~~auditor ~~arrangements~~since that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to stockholders2018.

16Spokane, Washington

~~ITEM~~May 10, ~~8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA~~2019

~~GREENKRAFT, INC.~~F-1

~~Index to Financial Statements~~GREENKRAFT, INC.

Report of Independent Registered Public Accounting Firm	F-1
Report of Independent Registered Public Accounting Firm	F-2
Balance Sheets as of December 31, 2017 and 2016	F-3
Statements of Operations for the years ended December 31, 2017 and 2016	F-4
Statements of Changes in Stockholders’ Deficit for the years ended December 31, 2017 and 2016	F-5
Statements of Cash Flows for the years ended December 31, 2017 and 2016	F-6
Notes to the Financial Statements	F-7

BALANCE SHEETS

	As of			As of
	12/31/2018			12/31/2017
Assets
Current Assets
Cash	$	23,876		$	18,339
Accounts receivable, net of allowance for doubtful account of $0		3,600			3,600
Inventories, net		1,806,056			1,373,032
Prepaid Inventory		-			509,365
Total Current Assets		1,833,532			1,904,336

Property and equipment, net		154,383			185,719
Total Non- Current Assets		154,383			185,719

Total Assets	$	1,987,915		$	2,090,055

Liabilities and Stockholders’ Deficit
Current Liabilities
Accounts payable	$	3,399		$	23,325
Accounts payable - related party		250,000			130,000
Accrued liabilities		111,745			108,219
Deferred income		475,995			475,995
Convertible notes payable		5,500			7,500
Other liabilities		75,000			75,000
Short term debt CEC		240,000			240,000
Deferred rent- current		831			831
Total Current Liabilities		1,162,470			1,060,870

Non-Current Liabilities
Deferred rent - net of current		8,000			8,000
Long term payable - related party Defiance		285,389			285,389
Long term payable - related party FWP		525,000			525,000
Long term payable - related party CEE		5,945			5,945
Long term loan - related party		1,901,916			1,901,916
Long term debt CEC		704,000			924,000
Total Non-Current Liabilities		3,430,250			3,650,250

Total Liabilities		4,592,720			4,711,120

Commitments and Contingencies		-			-
Shareholders’ Deficit
Common Stock, 400,000,000 shares authorized, 105,102,718 and 103,102,718 shares issued and outstanding, respectively		105,103			103,103
Additional Paid-In Capital		4,812,778			4,105,577
Accumulated Deficit		(7,522,686	)		(6,829,745	)
Total Stockholders’ Deficit		(2,604,805	)		(2,621,065	)

Total Liabilities and Stockholders’ Deficit	$	1,987,915		$	2,090,055

~~REPORT~~The accompanying OFnotes ~~INDEPENDENT~~are ~~REGISTERED~~an ~~PUBLIC~~integral ~~ACCOUNTING~~part ~~FIRM~~of these financial statements.

~~To the Board of Directors and Shareholders of Greenkraft, Inc.~~F-2

~~Opinion on the Financial Statements~~GREENKRAFT, INC.

WeSTATEMENTS OF have audited the accompanying balance sheet of Greenkraft, Inc. (“the Company”) as of December 31, 2017, and the related statements of operations, changes in stockholders’ deficit, and cash flows for the year then ended, and the related notes (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2017, and the results of its operations and its cash flows for the year then ended, in conformity with accounting principles generally accepted in the United States of America.OPERATIONS

Basis for Opinion

	As of			As of
	December 31, 2018			December 31, 2017
Revenue	$	434,168		$	1,153,429
Cost of revenue		396,834			765,027
Gross Profit		37,334			388,402
Costs and expenses:
Research and development		-			162
Selling, general and administrative		223,521			251,965
Payroll Expenses		204,554			181,470
Rent		120,000			119,499
share compensation expense		-			867,100
Total costs and expenses		548,075			1,420,196
Income (Loss) from operations		(510,741	)		(1,031,794	)

Other income (expense)
Interest (expense)		-			(87	)
Loss on insuance debt conversion		(182,200	)		-
Interest income		-			4
Total Other income (expense)		(182,200	)		(83	)

Net Income / (Loss)	$	(692,941	)	$	(1,031,877	)

Basic and Diluted Income (Loss) per share		(0.01	)		(0.01	)
Weighted average number of common shares outstanding- Basic & Diluted		104,287,280			100,452,992

~~These~~The accompanying ~~financial~~notes ~~statements~~ are ~~the responsibility of the Company’s management. Our responsibility is to express~~ an ~~opinion~~integral onpart ~~the~~of ~~Company’s~~these financial statements ~~based on our audit~~. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audit, we are required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.F-3

~~Our audit included performing procedures to assess the risks of material misstatement of the financial statements~~GREENKRAFT, ~~whether due to error or fraud, and performing procedures that respond to those risks~~ INC. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion.

~~/s/~~STATEMENTS OF ~~Fruci~~CHANGES &IN ~~Associates~~STOCKHOLDERS’ ~~II, PLLC~~DEFICIT

Fruci & Associates II, PLLC We have served as the Company’s auditor since 2018. Spokane, Washington April 16, 2018

	Common Stock				Additional Paid-In		Accumulated			Total Stockholders’
	Shares		Amount		Capital		Deficit			Deficit
Balance December 31, 2016		96,432,718	$	96,433	$	3,245,147	$	(5,797,868	)	$	(2,456,288	)

Shares issued compensation		6,670,000		6,670		860,430		-			867,100

Net Loss								(1,031,877	)		(1,031,877	)

Balance December 31, 2017		103,102,718	$	103,103	$	4,105,577	$	(6,829,745	)	$	(2,621,065	)

Shares Issued for note conversion		2,000,000		2,000		182,200					184,200

Forgiveness of related party debt						525,000					525,000
Net Loss								(692,941	)		(692,941	)

Balance December 31, 2018		105,102,718	$	105,103	$	4,812,777	$	(7,522,686	)	$	(2,604,806	)

~~F-1~~The accompanying notes are an integral part of these financial statements.

~~REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM~~F-4

~~To the Board of Directors and Shareholders of~~ GREENKRAFT, INC.

~~Greenkraft,~~STATEMENTS OF ~~Inc.~~CASH FLOWS

Santa Ana, California

	As of			As of
	December 31, 2018			December 31, 2017
Operating Activities:
Net loss	$	(692,941	)	$	(1,031,877	)
Adjustments to reconcile net loss to net cash used in operating activities:
Shared based compensation					867,100
Loss on conversion of debt to stock		182,200
Depreciation expense		28,052			10,944
Write off of amounts of property and equipment capitalization threshold		3,285			-
Change in operating assets and liabilities
Accounts receivable		-			44,191
Prepaid expense		509,365			(509,365	)
Inventory		(433,024	)		398,013
Accounts payable		(19,926	)		(62,420	)
Accounts payable- related party		120,000			100,000
Accrued Liabilities		3,526			(31,524	)
Deferred income long term debt CEC		(220,000	)		(145,300	)
Deferred Rent-Current		-			(501	)
Net cash used in operating activities		(519,463	)		(360,739	)

Financing Activities:
Borrowings from line of credit - related party		525,000			-
Net cash used in financing activities		525,000			-

Net decrease in cash		5,537			(360,739	)

Cash, Beginning of period		18,339			379,078

Cash, End of period	$	23,876		$	18,339
non-cash finance and investing activities:
Note conversion to common stock	$	2,000		$	-
Forgiveness of related party borrowings LOC		525,000			-
Cash paid for interest	$	-		$	87
Cash paid for income taxes	$	-		$	-

~~We have audited the~~ The accompanying ~~balance~~notes sheet of Greenkraft, Inc. (the “Company”) as of December 31, 2016, and the related statement of operations, stockholders’ deficit, and cash flow for the year ended December 31, 2016. These financial statements are ~~the responsibility of the Company’s management. Our responsibility is to express~~ an ~~opinion~~integral onpart of these financial statements ~~based on our audit~~.

We conducted our audit in accordance with standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatements. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.F-5

~~In our opinion~~GREENKRAFT, the financial statements referred to above present fairly, in all material respects, the financial position of the Company as of December 31, 2016, and the related result of its operations and its cash flow for the year ended December 31, 2016, in conformity with accounting principles generally accepted in the United States of America INC.

~~/s/~~NOTES TO ~~Simon~~THE &FINANCIAL ~~Edward, LLP~~STATEMENTS

~~Diamond~~December 31, ~~Bar~~2018

~~May~~ NOTE 1,—ORGANIZATION ~~2017~~AND BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES

FNature of Business. Greenkraft, Inc. is a manufacturer and distributor of automotive products. We manufacture commercial forward cabin trucks for vehicles weighing from 14,001 lbs. to 33,000 lbs. in alternative fuels. We also manufacture and sell alternative fuel systems to convert petroleum-2based fuels to natural gas and propane fuels.

GREENKRAFT, INC.
BALANCE SHEET
12/31/2017
	As of	As of
	12/31/2017	12/31/16
Assets
Current Assets
Cash	$ 18,339	$ 379,078
Cash restricted	-	-
Accounts receivable, net of allowance for doubtful account of $0	3,600	47,791
Inventories, net	1,496,082	1,354,866
Prepaid Inventory	509,365	-
Total Current Assets	2,027,386	1,781,735
Inventories long term, net	-	539,229
Property and equipment, net	62,669	73,613
Total Non- Current Assets	62,669	612,842
Total Assets	$ 2,090,055	$ 2,394,577
Liabilities and Stockholders' Deficit
Current Liabilities
Accounts payable	$ 23,325	$ 85,745
Accounts payable - related party	130,000	846,334
Accrued liabilities	108,219	139,743
Deferred income	475,995	1,785,295
Convertible notes payable	7,500	7,500
Other liabilities	75,000	75,000
Line of credit	-	-
Related party debt	-	1,901,916
Short term debt	240,000	-
Deferred rent- current	831	1,332
Total Current Liabilities	1,060,870	4,842,865
Non-Current Liabilities
Deferred rent - net of current	8,000	8,000
Long term payable - related party Defiance	285,389	-
Long term payable - related party FWP	525,000	-
Long term payable - related party CEE	5,945	-
Long term loan - related party	1,901,916	-
Long term debt CEC	924,000	-
Total Non-Current Liabilities	3,650,250	8,000
Total Liabilities	4,711,120	4,850,865
Commitments and Contingencies	-	-
Shareholders' Deficit
Common Stock, 400,000,000 shares authorized, 103,102, 718 and 96,432,718 shares issued and outstanding, respectively	103,103	96,433
Additional Paid-In Capital	4,105,577	3,245,147
Accumulated Deficit	(6,829,745)	(5,797,868)
Total Stockholders' Deficit	(2,621,065)	(2,456,288)
Total Liabilities and Stockholders' Deficit	$ 2,090,055	$ 2,394,577

Basis of Presentation – The accompanying financial statements of the Company were prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP).

~~The~~Reclassifications - ~~accompanying~~Certain ~~notes~~prior ~~are~~year anamounts ~~integral~~have ~~part~~been ofreclassified ~~these~~to ~~financial~~conform ~~statements~~with the current year presentation.

~~F-3~~Use of estimates – The preparation of financial statements in conformity with accounting principles generally accepted in the United States necessarily requires management to make estimates and assumptions that affect the amounts reported in the financial statements. We regularly evaluate estimates and judgments based on historical experience and other relevant facts and circumstances. Actual results could differ from those estimates.

GREENKRAFT, INC.
STATEMENTS OF OPERATIONS
		December 31 2017
	2017		2016
Revenue		$ 1,153,429		$ 846,957
Cost of revenue		765,027		688,405
Gross Profit		388,402		158,552
Costs and expenses:
Research and development	162			17,545
Selling, general and administrative		552,934		918,423
share compensation expense		867,100		-
Total costs and expenses	1,420,196		935,968
Income (Loss) from operations	(1,031,794)			(777,416)
Other income (expense)
Interest (expense)		(87)		(16,305)
Interest income		4		759
Total Other income (expense)		(83)		(15,546)
Net Income / (Loss)		$ (1,031,877)		$ (792,962)
Basic and Diluted Income (Loss) per share		(0.01)		(0.01)
Weighted average number of common shares outstanding- Basic & Diluted		100,452,992		94,137,786

Concentration of credit risk – Financial instruments which potentially subject the Company to concentrations of credit risk consist of cash and trade receivables. The Company places its cash with high credit quality financial institutions. At times, such cash may be in excess of the FDIC limit. With respect to trade receivables, the Company routinely assesses the financial strength of its customers and, as a consequence, believes that the receivable credit risk exposure is limited.

~~The~~Cash and ~~accompanying~~cash ~~notes~~equivalents – Cash equivalents are highly liquid investments with an ~~integral~~original ~~part~~maturity of ~~these~~three ~~financial~~months or ~~statements~~less.

~~F-4~~Accounts Receivable – Trade accounts receivable consist of amounts due from the sale of trucks. Accounts receivable are uncollateralized customer obligations due under normal trade terms requiring payment within 90 days of receipt of the invoice. The Company provides an allowance for doubtful accounts equal to the estimated uncollectible amounts based on historical collection experience and a review of the current status of trade accounts receivable. There are no amounts considered uncollectable as of December 31, 2018 and 2017.

GREENKRAFT, INC.
STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT
			Additional		Total
	Common Stock		Paid-In	Accumulated	Stockholders’
	Shares	Amount	Capital	Deficit	Deficit
Balance December 31, 2015	88,882,718	$ 88,883	$ 3,194,197	$ (5,004,906)	$ (1,721,826)
Contributed Officer Salary	-	-	36,000	-	36,000
Amortization of Convertible Notes Payable	-	-	15,000	-	15,000
Reclassification for Shares Issued in Q2	50,000	50	(50)	-	-
Shares Issued from Convertible Notes Payable	7,500,000	7,500		-	7,500
Net Loss	-	-	-	(792,962)	(792,962)
Balance December 31, 2016	96,432,718	$ 96,433	$ 3,245,147	$ (5,797,868)	$ (2,456,288)
Shares issued compensation	6,670,000	6,670	860,430	-	867,100
Net Loss	-	-	-	(1,031,877)	(1,031,877)
Balance December 31, 2017	103,102,718	$ 103,103	$ 4,105,577	$ (6,829,745)	$ (2,621,065)

F-6

~~The~~Inventories – ~~accompanying~~Inventories ~~notes~~are primarily raw materials. Inventories are anvalued ~~integral~~at ~~part~~the lower of ~~these~~cost, ~~financial~~as ~~statements~~determined on a weighted average cost basis, or market. Market value is determined by reference to selling prices after the balance sheet date or to management’s estimates based on prevailing market conditions. Management writes down the inventories to market value if it is below cost. Management also regularly evaluates the composition of its inventories to identify slow-moving and obsolete inventories to determine if valuation allowance is required. Costs of raw material inventories include purchase and related costs incurred in bringing the products to their present location and condition. No allowance was deemed necessary by management as of December 31, 2018 and 2017, respectively.

FProperty and equipment – Property and equipment are carried at the cost of acquisition or construction and depreciated over the estimated useful lives of the assets. Costs associated with repair and maintenance are expensed as incurred. Costs associated with improvements which extend the life, increase the capacity or improve the efficiency of our property and equipment are capitalized and depreciated over the remaining life of the related asset. Gains and losses on dispositions of equipment are reflected in operations. Depreciation is provided using the straight-5line method over the estimated useful lives of the assets, which are ten years for all the equipment held by the Company. Depreciation expense of $28,052 and $10,944 are recognized for the years ended December 31, 2018 and 2017, respectively.

GREENKRAFT, INC.
STATEMENT OF CASH FLOWS
12/31/2017
	12.31.2017
		2017		2016
Operating Activities:
Net loss			$ (1,031,877)		$ (792,962)
Adjustments to reconcile net loss to net cash used in operating activities:
Contributed officer salary			-		36,000
Amortization of debt discount from beneficial conversion feature			-		15,000
Share-based compensation			867,100
Depreciation expense			10,944		8,205
Change in operating assets and liabilities
Accounts receivable			44,191		276,134
Inventory			398,013		180,062
Accounts payable			(62,420)		(1,148,032)
Accounts payable- related party			100,000		87,500
Accrued expense			(31,524)		39,364
Deferred income			(145,300)		(100,475)
Deferred Rent Expense			(501)		9,332
Prepaid Expense			(509,365)
Net cash used in operating activities			(360,739)		(1,389,872)
Investing Activities:
Decrease in restricted cash			-		1,506,152
Net cash provided by investing activities			-		1,506,152
Financing Activities:
(Repayments) under lines of credit			-		(1,998,850)
Net cash used in financing activities			-		(1,998,850)
Net decrease in cash			(360,739)		(1,882,570)
Cash, Beginning of period			379,078		2,261,648
Cash, End of period			$ 18,339		$ 379,078
Cash paid for interest			$ 87		$ 15,394
Cash paid for income taxes			$ -		$ -

Research and development – Costs incurred in connection with the development of new products and manufacturing methods are charged to selling, general and administrative expenses as incurred. During the years ended December 31, 2018 and 2017, $0 and $162, respectively, were expensed as research and development costs.

~~The~~Long Lived ~~accompanying~~Assets ~~notes~~- In accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 360, Property, Plant and Equipment, the Company tests long-lived assets or asset groups for recoverability when events or changes in circumstances indicated that their carrying amount may not be recoverable. Circumstances which could trigger a review include, but are annot ~~integral~~limited ~~part~~to: significant decreases in the market price of ~~these~~the ~~financial~~asset; ~~statements~~significant adverse changes in the business climate or legal factors; accumulation of costs significantly in excess of the amount originally expected for the acquisition or construction of the asset; current period cash flow or operating losses combined with a history of losses or a forecast of continuing losses associated with the use of the asset; and a current expectation that the asset will more likely than not be sold or disposed significantly before the end of its estimated useful life.

~~F-6~~Recoverability is assessed based on the carrying amount of the asset and its fair value which is generally determined based on the sum of the undiscounted cash flows expected to result from the use and the eventual disposal of the asset, as well as specific appraisal in certain instances. No impairment was deemed necessary by management as of December 31, 2018 and 2017, respectively.

~~GREENKRAFT, INC.~~F-7

~~NOTES~~Revenue recognition TO– ~~THE~~The ~~FINANCIAL~~Company ~~STATEMENTS~~recognizes revenue in accordance with ASC 606, “Revenue from Contracts with Customers” (“ASC 606”). In accordance with ASC 606, the Company applies the following methodology to recognize revenue:

~~December~~i. ~~31,~~Identify ~~2017~~the contract with a customer.

~~NOTE~~ii. ~~1—ORGANIZATION~~Identify ~~AND~~the ~~BUSINESS~~performance ~~AND~~obligations ~~SIGNIFICANT~~in ~~ACCOUNTING~~the ~~POLICIES~~contract.

~~Nature of Business~~iii. ~~Greenkraft,~~ ~~Inc.~~Determine isthe atransaction ~~manufacturer and distributor of automotive products~~price. We manufacture commercial forward cabin trucks for vehicles weighing from 14,001 lbs. to 33,000 lbs. in alternative fuels. We also manufacture and sell alternative fuel systems to convert petroleum-based fuels to natural gas and propane fuels.

~~Basis~~iv. ofAllocate ~~Presentation~~the –transaction ~~The~~price ~~accompanying~~to ~~financial statements of~~ the ~~Company~~performance ~~were~~obligations ~~prepared~~ in ~~accordance with accounting principles generally accepted in~~ the ~~United States of America (U~~contract.~~S. GAAP).~~

~~Reclassifications~~v. -Recognize ~~Certain~~revenue ~~prior~~when ~~year~~(or ~~amounts~~as) ~~have~~the ~~been~~entity ~~reclassified~~satisfies toa ~~conform~~performance ~~with the current year presentation~~obligation.

~~Use~~Accordingly, the ofCompany ~~estimates~~recognizes –specific ~~The~~components ~~preparation~~ of ~~financial~~revenue ~~statements~~as indescribed conformity with accounting principles generally accepted in the United States necessarily requires management to make estimates and assumptions that affect the amounts reported in the financial statements. We regularly evaluate estimates and judgments based on historical experience and other relevant facts and circumstances. Actual results could differ from those estimates.below:

~~Concentration~~1. Parts ~~of credit risk~~ –~~Financial~~ ~~instruments~~Performance ~~which~~obligation ~~potentially subject the Company~~ to ~~concentrations~~deliver of“X” ~~credit~~parts ~~risk~~are ~~consist~~recognized ofas ~~cash~~products ~~and~~are ~~trade receivables~~shipped. ~~The~~Typically ~~Company~~there is ~~places~~not ~~its~~a ~~cash~~large ~~with~~volume ~~high~~of ~~credit~~parts ~~quality financial institutions. At times~~(recently), ~~such~~thus ~~cash~~contract ~~may~~price beallocated ~~in excess of the FDIC limit. With respect~~ to ~~trade~~performance ~~receivables,~~obligations ~~the~~(ratable ~~Company~~parts) ~~routinely assesses the financial strength of its customers and,~~ as ~~a consequence, believes that the receivable credit risk exposure is limited~~shipped.

~~Cash~~2. Service ~~and cash equivalents~~ – ~~Cash~~“Right ~~equivalents~~to ~~are~~invoice” ~~highly~~practical ~~liquid~~expedient ~~investments~~pursuant ~~with~~to an606-10-55-18, ~~original~~billed ~~maturity~~at ofhourly ~~three~~rates ~~months~~plus ~~or less~~parts.

~~Accounts~~3. Trucks ~~Receivable~~ – ~~Trade~~Performance ~~accounts~~obligation ~~receivable~~to ~~consist~~deliver ofsystem. ~~amounts~~Recognition ~~due~~of ~~from~~revenue ~~the~~at ~~sale~~a ofpoint ~~trucks.~~in ~~Accounts~~time, ~~receivable~~given ~~are~~recognition ~~uncollateralized~~over ~~customer~~time criteria ~~obligations~~not ~~due~~met ~~under~~pursuant ~~normal~~to ~~trade~~606-10-25-24. ~~terms~~Final ~~requiring~~transfer ~~payment~~of ~~within~~control 90passed ~~days~~to ofcustomer upon receipt ofand ~~the~~final ~~invoice~~acceptance. ~~The~~When the ~~Company~~truck ~~provides~~is anaccepted ~~allowance~~by ~~for~~the ~~doubtful~~customer ~~accounts equal to~~ the ~~estimated~~final ~~uncollectible~~invoice ~~amounts~~is ~~based~~issued onand ~~historical~~all ~~collection~~deferred ~~experience~~revenue ~~and~~is arecognized ~~review~~along ofwith the ~~current~~related work ~~status~~in ofprocess ~~trade~~costs ~~accounts~~for ~~receivable~~the truck. AtTrucks ~~December~~generally ~~31,~~take ~~2017~~90 ~~and~~days ~~2016~~to manufacture, ~~the~~assemble ~~Company~~and ~~characterized~~then ~~$3,600~~ship ~~and~~to ~~$47,791~~our asvarious ~~uncollectible, respectively~~customers. As Atof December 31, ~~2017,~~2018 ~~the~~and ~~accounts~~December ~~receivable~~31, ~~represents~~2017 ~~one~~ customer ~~from~~deposits ~~sales~~were of$475,995 ~~parts~~and $475,995 respectively.

~~F-7~~Estimated warranty obligations are recorded at the time of sale and amortized over the two year warranty period. As of December 31, 2018 and December 31, 2017, warranty liability was $111,023 and $112,000. The company does not offer its customers the option to purchase a warranty separately, thus warranties are accounted for under ASC 460.

~~Inventories~~Income taxes –- ~~Inventories~~Deferred ~~are~~tax ~~primarily~~assets ~~raw~~and ~~materials.~~liabilities ~~Inventories~~ are ~~valued~~recognized atfor the ~~lower~~estimated ~~of,~~future ~~cost~~tax asconsequences ~~determined~~attributable ~~on a weighted average cost basis, or market. Market value is determined by reference~~ to ~~selling~~temporary differences ~~prices~~between ~~after~~ the ~~balance~~financial ~~sheet~~statement ~~date~~carrying oramounts ~~to management’s estimates based on prevailing market conditions. Management writes down the inventories to market value if it is below cost. Management also regularly evaluates the composition~~ of ~~its~~existing ~~inventories~~assets toand ~~identify~~liabilities ~~slow-moving~~ and ~~obsolete~~their ~~inventories~~respective totax ~~determine if valuation allowance is required~~bases. These ~~Costs~~assets ~~of raw material inventories include purchase~~ and ~~related~~liabilities ~~costs~~are ~~incurred~~measured inusing ~~bringing~~enacted ~~the~~tax ~~products~~rates ~~to their present location and condition. The estimated cost of inventory not~~ expected to beapply ~~converted~~ to ~~cash~~taxable ~~within~~income ~~one~~in ~~year~~the isyears ~~reflected~~in aswhich ~~“Inventory,~~the temporary ~~long~~differences ~~term”~~are inexpected ~~the~~to ~~balance sheet~~reverse.

Property and equipment – Property and equipment are carried at the cost of acquisition or construction and depreciated over the estimated useful lives of the assets. Costs associated with repair and maintenance are expensed as incurred. Costs associated with improvements which extend the life, increase the capacity or improve the efficiency of our property and equipment are capitalized and depreciated over the remaining life of the related asset. Gains and losses on dispositions of equipment are reflected in operations. Depreciation is provided using the straightF-~~line method over the estimated useful lives of the assets, which are ten years for all the equipment held by the Company. Depreciation expense of $10,944 and $~~8~~,205 are recognized for the year ended December 31, 2017 and 2016.~~

~~Research~~We have ~~and~~net ~~development~~operating –loss ~~Costs~~carry ~~incurred~~forwards inavailable ~~connection~~to ~~with~~reduce ~~the~~future ~~development~~taxable ofincome. ~~new~~Future ~~products~~tax ~~and~~benefits ~~manufacturing~~for ~~methods~~these net operating losses carry forwards are ~~charged~~recognized to ~~selling,~~the ~~general~~extent ~~and~~that ~~administrative~~realization ~~expenses~~of asthese ~~incurred.~~benefits ~~During~~is ~~the~~considered ~~years~~more ~~ended~~likely ~~December~~than ~~31,~~not. ~~2017~~To ~~and~~the extent ~~2016,~~that ~~$162~~we ~~and~~will ~~$17,545,~~not ~~respectively,~~realize ~~were~~a ~~expensed~~future astax ~~research~~benefit, ~~and~~a ~~development~~valuation ~~costs~~allowance is established.

~~Long~~Earning or ~~Lived~~Loss ~~Assets~~per Share - In ~~accordance~~The ~~with~~Company ~~Financial~~accounts ~~Accounting~~for ~~Standards~~earnings ~~Board~~per ~~(“FASB”)~~share ~~Accounting~~pursuant ~~Standards~~to ~~Codification (“~~ASC”) ~~360~~260, ~~Property,~~Earnings ~~Plant~~per ~~and Equipment~~Share, ~~the~~which ~~Company~~requires disclosure ~~tests~~on ~~long-lived~~the ~~assets~~financial orstatements ~~asset~~of ~~groups~~“basic” ~~for~~and ~~recoverability~~“diluted” ~~when~~earnings ~~events~~(loss) orper ~~changes~~share. inBasic ~~circumstances~~earnings (loss) ~~indicated~~per ~~that~~share ~~their carrying~~are ~~amount~~computed ~~may~~by ~~not~~dividing benet ~~recoverable.~~income ~~Circumstances~~(loss) ~~which~~by ~~could~~the ~~trigger~~weighted aaverage ~~review~~number ~~include,~~of ~~but~~common ~~are~~shares ~~not~~outstanding ~~limited~~for ~~to: significant decreases in~~ the ~~market~~ year. ~~price~~Diluted ofearnings ~~the~~(loss) ~~asset;~~per ~~significant~~share ~~adverse~~is ~~changes~~computed inby ~~the~~dividing ~~business~~net ~~climate~~income or(loss) ~~legal~~by ~~factors;~~the ~~accumulation~~weighted ofaverage ~~costs~~number ~~significantly in excess~~ of ~~the amount~~common ~~originally~~shares outstanding ~~expected~~plus ~~for~~common ~~the~~stock ~~acquisition~~equivalents or(if ~~construction~~dilutive) ofrelated ~~the~~to ~~asset;~~stock ~~current~~options ~~period~~and ~~cash~~warrants ~~flow~~for oreach ~~operating~~year. ~~losses~~As ~~combined~~there ~~with~~was a ~~history~~net loss ~~of losses~~for orthe ayear ~~forecast~~ended ofDecember ~~continuing~~31, ~~losses~~2018 ~~associated~~and ~~with~~2017, ~~the~~basic ~~use~~and ofdiluted ~~the~~losses ~~asset;~~per ~~and~~share aare ~~current~~the ~~expectation~~same ~~that~~for the ~~asset~~year ~~will~~ended ~~more~~December 31, ~~likely~~2018 ~~than~~and ~~not~~2017 beas ~~sold or~~any ~~disposed~~potentially ~~significantly~~dilutive ~~before~~shares ~~the~~would ~~end~~be ofconsidered ~~its estimated useful life~~anti-dilutive.

~~Recoverability~~Related Parties - A party is ~~assessed~~considered ~~based~~to onbe related to the ~~carrying~~Company ~~amount~~if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the ~~asset~~Company, its management, members of the immediate families of principal owners of the Company and its ~~fair~~management and ~~value~~other parties with which isthe ~~generally~~Company ~~determined~~may ~~based~~deal onif one party controls or can significantly influence the ~~sum~~management or operating policies of the ~~undiscounted~~other ~~cash~~to ~~flows~~an ~~expected~~extent tothat ~~result~~one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence the ~~use~~management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the ~~eventual~~other ~~disposal~~to an extent that one or more of the ~~asset,~~transacting asparties ~~well~~might asbe ~~specific~~prevented ~~appraisal~~from infully ~~certain~~pursuing ~~instances~~its own separate interests is also a related party.

~~F-8~~Recently issued accounting pronouncements – Certain reclassifications have been made to the prior period financial information to conform to the presentation used in the financial statements for the year ended December 31, 2018.

~~Revenue~~In August ~~recognition - Greenkraft recognizes revenue when persuasive evidence of an arrangement exists~~2016, ~~products and/or services have been delivered,~~ the ~~sales~~FASB ~~price~~issued isASU ~~fixed or determinable~~2016-15, ~~and~~Statement ~~collectability~~of ~~is reasonably assured. This typically occurs when the product is shipped or delivered to the customer.~~ Cash ~~payments~~Flows: ~~received~~Clarification ~~prior to delivery~~ of ~~products~~Certain ~~are~~Cash ~~deferred~~Receipts ~~until~~and ~~the~~Cash ~~products~~Payments ~~are delivered. Also, there was funding for the incremental cost of the vehicles was provided by the California Energy Commission~~ (~~CEC~~“ASU 2016-15”)~~. The CEC provides up to (i) $20~~,~~000~~ ~~per~~which ~~vehicle~~eliminates ~~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~~ the ~~Company~~diversity ~~and taken~~ in aspractice ~~deposits until actual delivery of the vehicles at which time it is deemed revenue. The Company has received previously $2,024,000 million from the CEC~~ related to ~~the~~classification ~~sale~~ of ~~CNG~~certain ~~and~~cash ~~propane~~receipts ~~trucks as of December 31, 2017~~ and ~~December~~payments ~~31, 2016. Because of~~ in the ~~age~~statement of ~~the~~cash ~~incentives received~~flows, ~~the~~by ~~previously~~adding ~~received~~or ~~$1.284~~clarifying ~~million~~guidance ~~from~~on ~~CEC~~eight ~~will~~specific becash ~~returned~~flow inissues. ~~order~~This ~~to be replaced with~~ new ~~current~~guidance ~~incentives~~was ~~that buyers can apply~~ effective for~~. Therefore,~~ ~~company~~annual ~~has~~reporting ~~converted~~periods ~~the~~beginning ~~deferred~~after ~~income of $1.284 million to debt as of~~ December 3115, 2017., ~~This~~and ~~incentive~~interim ~~amount~~periods ~~will~~within bethose ~~returned~~fiscal atyears aand ~~rate~~early ofadoption is ~~$20~~permitted,~~000~~ ~~per~~including ~~month~~adoption ~~for~~in 64an ~~months. The~~interim ~~company has already returned $120,000~~period. The ~~new~~adoption ~~current incentives are available at a rate~~ of ~~$11,000~~this ~~per~~ASU ~~vehicle~~has ~~for~~had ~~over~~no ~~14,000~~material ~~lbs~~impact ~~that~~on ~~buyers~~the ~~can~~Company’s financial ~~apply~~statements ~~to for Greenkraft CNG truck purchases. There are also other new incentives available for Greenkraft trucks through other agencies from $25,000 to $100,000. The amount of short term debt is $240,000~~ and ~~long term debt is $924,000 as of December 31, 2017~~disclosures.

~~Income~~In November ~~taxes~~2016, the FASB issued ASU 2016-18, ~~Deferred~~Statement ~~tax~~of ~~assets~~Cash ~~and~~Flows ~~liabilities~~(Topic ~~are~~230): ~~recognized~~Restricted ~~for~~Cash ~~the~~(“ASU ~~estimated~~2016-18”), which ~~future~~provides ~~tax~~guidance ~~consequences~~that ~~attributable~~will torequire ~~temporary~~that ~~differences~~a ~~between~~statement of cash flows explain the ~~financial~~change ~~statement~~during ~~carrying~~the ~~amounts~~period in the total of cash, ~~existing~~cash ~~assets~~equivalents, and ~~liabilities~~amounts ~~and~~generally ~~their~~described ~~respective~~as ~~tax~~restricted ~~bases~~cash or restricted cash equivalents. ~~These~~As ~~assets~~a result, amounts generally described as restricted cash and ~~liabilities~~restricted ~~are~~cash ~~measured~~equivalents ~~using~~should ~~enacted~~be ~~tax~~included ~~rates~~with ~~expected~~cash toand ~~apply~~cash toequivalents ~~taxable~~when reconciling ~~income~~the inbeginning-of-period and end-of-period total amounts shown on the statement of cash flows. This new guidance was effective for annual reporting periods beginning after December 15, 2017, and interim periods within those fiscal years and early adoption is permitted, including adoption in ~~which~~an ~~the~~interim ~~temporary~~period. ~~differences~~The ~~are~~adoption ~~expected~~of tothis ~~reverse~~ASU has had no material impact of the Company’s Statement of Cash Flows.

We have net operating loss carry forwards available to reduce future taxable income. Future tax benefits for these net operating losses carry forwards are recognized to the extent that realization of these benefits is considered more likely than not. To the extent that we will not realize a future tax benefit, a valuation allowance is established.F-9

~~Earning~~In May or2017, ~~Loss~~the ~~per~~FASB ~~Share~~issued ASU 2017-09, ~~The~~Compensation-Stock ~~Company~~Compensation ~~accounts~~(Topic ~~for~~718): ~~earnings~~Scope ~~per~~of ~~share~~Modification ~~pursuant~~Accounting. toThis ASU ~~ASC~~clarifies ~~260,~~an ~~Earnings~~entity’s ~~per~~ability ~~Share,~~to ~~which~~modify ~~requires disclosure on~~ the ~~financial~~terms ~~statements~~or conditions of ~~"basic"~~a ~~and~~share-based ~~"diluted"~~payment ~~earnings~~award ~~(loss)~~presented. ~~per~~An ~~share.~~entity should ~~Basic~~account ~~earnings~~for ~~(loss)~~the ~~per~~effects ~~share~~of ~~are~~a ~~computed~~modification byunless ~~dividing~~all ~~net~~the ~~income~~following ~~(loss)~~are bymet: the ~~weighted~~fair ~~average~~value ~~number~~ of ~~common~~the ~~shares~~modified ~~outstanding~~award ~~for~~has not changed from the ~~year.~~fair ~~Diluted~~value ~~earnings~~on ~~(loss)~~the ~~per~~date ~~share~~of isissuance; ~~computed~~the byvesting ~~dividing~~conditions ~~net~~of ~~income~~the ~~(loss)~~modified byaward are the ~~weighted~~same ~~average~~as ~~number~~the vesting conditions of ~~common~~the ~~shares~~original ~~outstanding~~award ~~plus~~immediately ~~common~~before ~~stock~~the ~~equivalents~~original ~~(if~~award ~~dilutive)~~is ~~related~~modified; toand, ~~stock~~the ~~options~~classification ~~and~~of ~~warrants~~the ~~for~~modified ~~each~~award as ~~year.~~an Asequity ~~there~~instrument ~~was~~or a ~~net~~liability ~~loss~~instrument ~~for~~is the ~~year~~same ~~ended~~as ~~December~~the ~~31,~~classification ~~2017~~of ~~and~~the ~~2016,~~original ~~basic~~award ~~and~~immediately ~~diluted~~before ~~losses~~the original ~~per~~award ~~share~~is ~~are~~modified. ~~the~~This ~~same~~new guidance was effective for ~~the~~annual ~~year~~reporting ~~ended~~periods beginning after December 3115, 2017, ~~and~~including interim ~~2016~~periods aswithin ~~any~~those ~~potentially~~periods. ~~dilutive~~The ~~shares~~adoption ~~would~~of bethis ~~considered~~ASU ~~anti-dilutive~~has had no material impact on the Company’s financial statements and disclosures.

FIn February 2016, the FASB issued ASU 2016-902, Leases (Topic 842). The ASU requires that a lessee recognize the assets and liabilities that arise from operating leases. A lessee should recognize in the statement of financial position a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. This new guidance will be effective for annual reporting periods beginning after December 15, 2018, including interim periods within those annual reporting periods, and early adoption is permitted. In transition, lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. The Company is currently in the process of evaluating the potential effect that the adoption of this standard will have on its financial position and results of operations.

~~Related~~NOTE 2 ~~Parties~~– -RELATED APARTY party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence the management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party.TRANSACTIONS

~~Recently~~The Defiance ~~issued~~Company, ~~accounting~~LLC ~~pronouncements~~is –a distribution company owned by the Company’s president and controlling stockholder. As of December 31, 2018 and December 31, 2017, accounts payable to the Defiance was $285,389 for both years, respectively. The amount of $285,389 was reclassified to long term accounts payable related party in first quarter 2017. This debt does not require interest and there is no maturity date at this time.

In August 2014, the Financial Accounting Standards Board ("FASB") issued a new standard on disclosure of uncertainties about an entity's ability to continue as a going concern. The new standard provides guidance on determining when and how reporting entities must disclose going concern uncertainties in their financial statements. The new standard requires management to perform interim and annual assessments of an entity's ability to continue as a going concern within one year of the date of issuance of the entity's financial statements. Additionally, an entity must provide certain disclosures if there is substantial doubt about the entity's ability to continue as a going concern. The new standard will be effective for fiscal years and interim periods within those fiscal years, beginning after December 15, 2016, and for annual period and interim periods thereafter. The adoption of this guidance did not have a significant impact on the Company’s financial statement. F-10

InAs of ~~May~~December ~~2014~~31, ~~the~~2018 ~~FASB~~and ~~issued~~December an31, ~~accounting~~2017, ~~standards~~the ~~update~~Company ~~(ASC~~has ~~606)~~notes ~~which~~payable ~~modifies~~for the ~~requirements~~amount ~~for~~of ~~identifying~~$1, ~~allocating~~901,916 ~~and~~both ~~recognizing~~years, ~~revenue related~~ to ~~the~~its ~~achievement~~President and ofhis ~~performance~~related ~~conditions under contracts with customers~~entities. ~~This~~All ~~update~~amounts ~~also~~are ~~requires additional disclosure related to the nature~~due, ~~amount,~~are ~~timing,~~unsecured and ~~uncertainty~~do ofnot ~~revenue~~bear ~~that is recognized under contracts with customers~~interest. This ~~guidance~~amount iswas ~~effective~~reclassified ~~for fiscal and interim periods beginning after December 15, 2016 and is required~~ to belong ~~applied~~term related ~~retrospectively~~party todebt ~~all~~because ~~revenue~~the ~~arrangements.~~company’s ~~The~~president ~~Company~~does isnot ~~currently~~expect ~~assessing~~repayment during the ~~effects~~next ~~this~~12 ~~guidance may have on its financial statements~~months.

~~Other~~The Company’s ~~recently~~president ~~issued~~is ~~accounting~~a ~~standards~~member ~~are~~of CEE, LLC which performs emission testing services. During the 12 months ended December 31, 2018, Greenkraft did not ~~expected~~have any services performed by CEE, LLC. Greenkraft owes $5,945 to ~~have~~CEE, aLLC ~~material~~as ~~effect~~of onDecember ~~the~~31, ~~Company's~~2018 and ~~financial~~December ~~statements~~31, 2017, for previous service services provided by CEE, LLC however this amount was also reclassified to long term related party debt in 2017. This debt does not require interest and there is no maturity date at this time.

~~NOTE~~G&K Automotive 2Conversion –Inc. ~~RELATED~~is ~~PARTY~~an ~~TRANSACTIONS~~automotive safety compliance company that can provide services to Greenkraft as necessary. The president of the company is also the president and controlling shareholder of G&K. There is no amount due to G&K from Greenkraft as of December 31, 2018 and December 31, 2017.

~~The~~First Warner ~~Defiance~~Properties ~~Company,~~ LLC is athe ~~distribution~~owner ~~company~~of ~~owned~~2215 byS. ~~the~~Standard ~~Company~~Ave Santa Ana Ca 92707. The company’s president ~~and~~is ~~controlling~~a ~~stockholder. As~~member of ~~December~~First Warner. ~~31,~~Greenkraft ~~2017~~leased ~~and~~the ~~December~~property ~~31,~~as ~~2016,~~assembly ~~accounts~~plant ~~payable~~from toFirst Warner. The term of the ~~Defiance~~lease agreement was ~~$285~~from July 2014 to July 2019,~~389~~ ~~and~~with a monthly rent of $~~285~~27,~~389,~~500. ~~respectively~~Greenkraft terminated this lease as of August 2016. ~~The~~ ~~amount~~As of ~~$285~~December 31,~~389~~ ~~was~~2018 ~~reclassified~~and December to31, ~~long~~2017, ~~term~~Greenkraft ~~accounts~~owed ~~payable~~First ~~related~~Warner ~~party~~Properties in$525,000 ~~first~~both ~~quarter~~years, ~~2017~~respectively. This debt does not require interest and there is no maturity date at this time.

F-First Standard Real Estate LLC is the owner of 2530 South Birch Street, Santa Ana, CA 92707. Greenkraft’s president is a member of First Standard Real Estate LLC. Greenkraft leased a portion of the building designated as 20,000 square feet garage area. The term of the lease agreement is from September 1, 2016 to December 31, 2021, with a monthly rent of $10,000. As of December 31, 2018 and December 31, 2017, Greenkraft owes rent expense of $250,000 and $130,000 to First Standard Real Estate LLC, respectively.

AsGem Works ofLLC ~~December~~is ~~31,~~a ~~2017~~separate ~~and~~company ~~December~~in ~~31, 2016,~~ the ~~Company~~automotive ~~has~~business ~~note payable~~ for ~~the~~vehicles ~~amount of $1,901,916~~ and ~~$1,901,916, to~~ its ~~President~~owner ~~and~~is ~~his~~ related ~~entities. All~~to ~~amounts~~our ~~are~~Company’s ~~due, are unsecured and do not bear interest~~CEO. ~~This~~ ~~amount~~During 2017 ~~was~~Greenkraft ~~reclassified~~charged toGem ~~long~~Work, ~~term~~LLC ~~related~~$180,152 ~~party~~net ~~debt~~sales ~~because~~of ~~the~~e-vehicle ~~company’s~~acting ~~president~~as ~~does~~agent ~~not~~after ~~expect~~gross ~~repayment~~and ~~during~~net ~~the~~revenue ~~next 12 months~~analysis.

The Company’s ~~president~~reclassified isaccounts apayable- ~~member~~related parties of ~~CEE~~$816,334 ~~LLC~~and ~~which~~related ~~performs~~parties’ ~~emission~~debt ~~testing~~of ~~services. During the 12 months ended December 31, 2017, Greenkraft did not have any services performed by CEE, LLC. Greenkraft owes~~ $ 51,~~944.91~~901,916 toas ~~CEE,~~non- ~~LLC~~current liabilities as of ~~December~~March 31, 2017. ~~and~~These ~~December~~amounts ~~31,~~were ~~2016, for previous service services provided by CEE, LLC however this amount was also~~ reclassified to long term related party debt inbecause ~~2017~~the company’s president does not expect repayment through 2019. This debt does not require interest and there is no maturity date at this time.

~~G&K Automotive Conversion Inc. is an automotive safety compliance company that can provide services to Greenkraft as necessary. The president of~~ During the ~~company~~year isended ~~also the president and controlling shareholder of G&K. There is no amount due to G&K for Greenkraft as of~~ December 31, ~~2017~~2018, ~~and~~$525,000 ~~December~~provided ~~31,~~by ~~2016.~~the CEO was forgiven.

~~First~~NOTE 3- ~~Warner~~PROPERTY ~~Properties~~AND LLC is the owner of 2215 S. Standard Ave Santa Ana Ca 92707. The company’s president is a member of First Warner. Greenkraft leased the property as assembly plant from First Warner. The term of the lease agreement is from July 2014 to July 2019, with a monthly rent of $27,500. As of December 31, 2016, Greenkraft owed $525,000 to First Warner Properties LLC. Greenkraft terminated the lease agreement with First Warner Properties LLC at the end of August 2016. As of December 31, 2017 and December 31, 2016, Greenkraft owed First Warner Properties $525,000 and $525,000, respectively. This debt does not require interest and there is no maturity date at this time.EQUIPMENT

~~First Standard Real Estate LLC is~~ For the ~~owner~~years ofended ~~2530~~December ~~South Birch Street~~31, ~~Santa~~2018 ~~Ana~~and 2017, CAdepreciation ~~92707.~~expense ~~Greenkraft~~of ~~president~~fixed isassets atotaled ~~member~~approximately of$28,052 ~~First~~and ~~Standard~~$10,944, ~~Real Estate LLC~~respectively. For ~~Greenkraft leased a portion of~~ the ~~building~~year ~~designated~~2018 aswe ~~20,000~~did ~~square~~not ~~feet~~purchase ~~garage~~fixed ~~area~~assets. ~~The~~Fixed ~~term~~assets ofcomprised the ~~lease~~following ~~agreement~~as ~~is from September 1, 2016 to December 31, 2021, with a monthly rent~~ of ~~$10,000. As of~~ December 31, ~~2017~~2018 and ~~December 31, 2016, Greenkraft owes rent expense of $130,000 and $30,000 to First Standard Real Estate LLC, respectively~~2017.

~~Gem Works LLC is a separate company in the automotive business for vehicles and its owner is related to our Company’s CEO. Greenkraft charged Gem Work, LLC $180, 152 net sales of e~~F-~~vehicle acting as agent after gross and net revenue analysis.~~11

The Company reclassified accounts payable- related parties of $816,334 and related parties’ debt of $1,901,916 as non- current liabilities as of March 31, 2017. These amounts were reclassified to long term related party debt because the company’s president does not expect repayment through 2018. This debt does not require interest and there is no maturity date at this time.

	December 31, 2018			December 31, 2017
Equipment	$	229,193		$	232,478

Less Accumulated Depreciation		(74,810	)		(46,758	)
Total	$	154,383		$	185,720

~~The~~NOTE 4 ~~CEO~~– ~~contributed his payroll to the company about $0 and $36,000 for 12 months ended December 31, 2016. The CEO did not charge the Company salary for the year ended December 31, 2017.~~INVENTORIES

F-11

	December 31, 2018		December 31, 2017
Raw materials		1,806,056		1,373,032
Prepaid Inventory				509,365

Total Inventory		1,806,056		1,882,397

NOTE 5 3-– ~~PROPERTY~~CONVERTIBLE ~~AND EQUIPMENT~~NOTES

~~For~~In 2018 ~~the~~$2,000 ~~years~~was ~~ended~~converted ~~December~~to 312, ~~2017 and 2016~~000,000 ~~depreciation~~shares ~~expense of fixed assets totaled approximately $10,944~~ and ~~$8,205, respectively. For~~ the ~~year~~company ~~2017~~recognized wea ~~did~~loss ~~not~~on ~~purchase~~conversion ~~fixed assets. Fixed assets comprised the following as~~ of ~~December 31~~$182,200 ~~2017~~shown ~~and~~on ~~2016~~statements of operation.

	December 31, 2017		December 31, 2016
Equipment		$ 109,428		$ 109,428
Less Accumulated Depreciation		(46,758)		(35,815)
Total		$ 62,669		$ 73,613

On April 22, 2016, the holder of convertible note converted $7,500 of principal to 7,500,000 common shares.

~~NOTE~~As of 4December –31, ~~INVENTORIES~~2018 and 2017 convertible notes had a balance of $5,500 and $7,500 respectively.

~~Greenkraft’s~~The outstanding ~~2017~~note ~~inventory~~ is ~~$2,005,447. For~~convertible ~~Greenkraft’s~~at ~~2016,~~a ~~the~~rate ~~inventory~~of ~~was~~0.001 ~~$1,894,095~~into shares of common stock.

	December 31, 2017		December 31, 2016
Raw materials		1,496,082		1,894,095
Prepaid Inventory		509,365
Total Inventory		2,005,447		1,894,095
Less carrying value of inventory
Not deemed to be current		0		539,229
Inventories, included in current assets		2,005,447		1,354,866

NOTE 6- COMMON STOCK

AtAs of ~~the~~December ~~end~~31 of2018 ~~each~~and ~~reporting~~2017, ~~period~~the Company had 400,000,000 ~~management~~Common ~~has~~shares ~~estimated~~authorized ~~that~~with ~~portion~~a ofpar ~~inventory~~value ~~not~~of ~~expected~~$.0001 toper beshare, ~~converted~~of towhich 105,102,718 ~~cash~~and ~~within~~103,102,718 ~~one~~shares ~~year~~were issued and ~~reflected~~outstanding, ~~that~~respectively. ~~amount~~In as2018 ~~“Inventory~~$2,000 ~~long~~was ~~term”~~converted into 2,000,000 shares and the ~~accompanying~~company ~~balance~~recognized ~~sheets~~a loss on conversion of $182,200 shown on statement of operation.

NOTE 7 5- –LONG ~~LINE~~TERM ~~OF CREDIT~~DEBT

InThe Company ~~March~~has ~~2016,~~long ~~the~~term ~~Company~~debt ~~cancelled~~of ~~the~~$704,000 ~~line~~from ofamounts ~~credit~~converted from deferred income of $~~3,500,000~~1.284 ~~and~~million ~~paid~~to ~~off~~long ~~the~~term ~~line~~debt which consist of ~~credit~~incentives ~~balance~~received by the CEC that were converted to debt due to age of ~~$2,000,000~~incentives ~~with~~and ~~Pacific~~for ~~Premier~~the ~~Bank.~~company ~~Due~~to apply to new incentives available by the ~~cancellation~~CEC. ofThe ~~line~~payment ofterms ~~credit~~require $20,000 ~~the~~per ~~Company~~month isfor noapproximately ~~longer~~64 ~~required~~months toand ~~maintain~~the aterms ~~restricted~~do ~~cash~~not ~~balance~~require interest.

NOTE 8 6- –SHORT ~~CONVERTIBLE~~TERM ~~NOTES~~DEBT

~~Convertible~~Company has ~~promissory~~short ~~notes~~term ~~were~~debt ~~issued in the aggregate amount~~ of $15240,000 inwhich ~~October~~is ~~2015~~part ~~for the marketing and advertising services received in 2015. The term~~ of ~~the~~12 ~~notes~~months ~~is due on demand. Simple interest~~ of 1%amounts ~~is payable upon demand. Prior~~ to ~~maturity the notes may~~ be ~~converted~~paid for ~~common~~incentives ~~stock~~from atthe a$1.284 ~~conversion~~million ~~price~~company received ofin $0the past.~~001.~~

F-12

~~The~~NOTE 9 ~~Company~~– ~~evaluated~~COMMITMENT ~~the~~AND embedded conversion feature within the above convertible notes under ASC 815-15 and ASC 815-40 and determined embedded conversion feature does not meet the definition of a liability. Then the Company evaluated the conversion feature for a beneficial conversion feature at inception. The Company accounted for the intrinsic value of a Beneficial Conversion Feature inherent to the convertible note payable and a total debt discount of $15,000 was recorded. $15,000 was recorded, directly to interest expense at inception. CONTINGENCIES

OnThe Company ~~April~~leases ~~22,~~space ~~2016,~~for ~~the~~its ~~holder~~offices ofand ~~convertible~~warehouse ~~note~~under ~~converted~~lease expiring 5 years after September 1, 2017. Rent expense was $7120,~~500~~000 for ofboth ~~principal~~2017 toand 72018,~~500~~ payable in installments of $10,000 ~~common~~per ~~shares~~month. The future minimum lease payments under these operating leases are as follows below,

As of December 31, 2017, convertible note has a balance of $7,500 net of $0 unamortized debt discount.

Years ending December 31,	Amount
2019		120,000
2020		120,000
2021 and thereafter		80,000

Total	$	320,000

NOTE 10 7- ~~COMMON~~ STOCK ISSUANCE

AsOn May of27, ~~December 31~~ 2017 ~~and 2016~~, the Company ~~had~~issued ~~400~~6,~~000~~670,000 ~~Common~~ shares ~~authorized~~of ~~with~~its common stock pursuant to a ~~par~~Board ~~value~~Resolution ofthat ~~$.0001~~provided ~~per~~for ~~share,~~the ofstock issuance ~~which~~to ~~103~~officers,~~102~~ employees,~~718~~ and ~~96,432,718~~directors ~~shares~~of ~~were~~the ~~issued~~Company. ~~and~~There ~~outstanding~~is no vesting period, ~~respectively.~~or Onrestriction ~~April~~to ~~22,~~sell ~~2016,~~in 12 months. As a result the ~~holder~~Company ofrecorded ~~convertible~~the ~~note~~stock ~~converted~~based compensation expense $7867,~~500~~100 ofbased ~~principal~~on tothe ~~7,500,000~~closed ~~common~~price ~~shares~~on the grant date.

NOTE 11 8 – ~~MAJOR~~PROVISION ~~CUSTOMERS~~FOR INCOME TAXES

InGreenkraft uses ~~2017~~the liability method, where deferred tax assets and liabilities are determined based on the expected future tax consequences of temporary differences between the carrying amounts of assets and liabilities for financial and income tax reporting purposes. During fiscal 2018, the company incurred net losses and, therefore, had no tax liability. The net deferred tax asset generated by the loss carry-forward has been fully reserved. The Company ~~revenues~~has ~~were~~evaluated ~~from~~Staff ~~several~~Accounting ~~vehicle~~Bulletin ~~dealers~~No. 118 regarding the impact of the decreased tax rates of the Tax Cuts & Jobs Act. Deferred tax assets and liabilities are adjusted for ~~conversions~~the effects of changes ~~Isuzu~~in tax laws and ~~truck~~rates ~~sales~~on the date of enactment. The U.S. federal income tax rate of 21% is being used due to ~~Greenkraft~~the ~~dealers~~new tax law recently enacted.

InAs of ~~2016~~December 31, 2018, the ~~Company~~tax ~~had~~years ~~two~~2015 ~~customers~~through ~~each~~2017, ~~making~~are upsubject ~~10%~~to orexamination ~~more~~by ofthe ~~total~~federal ~~truck~~taxing ~~sales revenue~~authorities. ~~The customers individually made up 52% and 21%.~~

~~NOTE~~At December 931, -2018 ~~LONG~~and ~~TERM~~2017, ~~DEBT~~deferred tax assets consisted of the following:

The Company has long term debt of $924,000 from amounts converted from deferred income of $1.284 million to long term debt which consist of incentives received by the CEC that were converted to debt due to age of incentives and for the company to apply to new incentives available by the CEC. The payment terms require $20,000 per month for approximately 64 months and the terms do not require interest.

	December 31, 2018			December 31, 2017
Deferred tax assets	$	1,346,716		$	1,201,199
Less: Valuation allowance		(1,346,716	)		(1,201,199	)
Net deferred tax assets	$	-		$	-

NOTE 10 - SHORT TERM DEBT

	December 31, 2018			December 31, 2017
Accumulated net operating loss	$	6,412,935		$	5,719,996
Tax rate		21	%		21	%
Deferred tax assets	$	1,346,716		$	1,201,199

~~Company has short term debt of $240,000 which is part of 12 months of amounts to be paid for incentives from the 1.284 million company received in the past.~~ F-13

FNOTE 12 -13 LIQUIDITY

~~NOTE~~The accompanying 11financial –statements ~~COMMITMENT~~have ~~AND~~been ~~CONTINGENCIES~~prepared in accordance to FASB Subtopic 205-40, Presentation of Financial Statements—Going Concern. In connection with preparing financial statements for each annual and interim reporting period, an entity’s management should evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued (or within one year after the date that the financial statements are available to be issued when applicable). Greenkraft’s management evaluated the current financial situation of the company and believes the company is able to continue as a going concern within one year.

~~The~~During the year ended December 31, 2018, the Company ~~leases~~incurred ~~space~~a ~~for~~loss ~~its~~from ~~offices~~continuing operations of $510,741, and ~~warehouse~~a ~~under~~net ~~lease~~loss ~~expiring~~$692,941 and 5the ~~years~~stockholders’ ~~after~~deficit ~~September~~was 1$2,604,805 ~~2016.~~and ~~Rent~~the ~~expense~~working capital was $~~120~~671,~~000~~062. ~~per~~The ~~year,~~working capital has been majority funded by accounts payable into ~~installments~~its related parties and related party debt. Based on the financial support letter from the CEO of Greenkraft, ~~$10~~he and his related party entities,~~000~~ ~~per~~have ~~month~~no present or future plans or intentions to (A) liquidate Greenkraft, Inc.; (B) sell or otherwise dispose of all, or a significant portion of, its investment in the Company or otherwise change its capital structure; (C) discontinue providing financial support to Greenkraft, Inc; or (D) pursue the collection if the company has cash flow issues. The ~~future~~Company ~~minimum~~is ~~lease~~expected ~~payments~~to ~~under~~have ~~these~~sufficient ~~operating~~cash ~~leases~~flow ~~are~~to ascover ~~follows~~the ~~below~~normal business operation for the twelve month-ended December 31, 2019. In the next 12 months, the Company will continue to receive sales orders, recognize revenue by selling the qualified trucks for the government incentive program, committed financial support from the owner and his related parties to fund its ongoing operation until the Company is able to meet its own obligations as they become due.

Years ending December 31,		Amount
2018		120,000
2019		120,000
2020		120,000
2021 and thereafter		70,000
Total		$ 430,000

Management believes they will have sufficient funds to support their business based on the following: (a) revenues derived from signing up new dealers’ contracts and delivering alternative fuel trucks to them; (b) reclassifying accounts payable- related parties and related parties’ debt as non- current liabilities in amount of $816,334 and $1,901,916, respectively, which is related to the financial support letter from the CEO, and (c) the CEO can raise additional funds needed to support our business plan. Management intends to seek new capital from owners and related parties to provide needed funds, as necessary. However, there can be no assurance that the Company can raise any additional funds, or if it can, that such funds will be on terms acceptable to the Company.

NOTE 13 12– -SUBSEQUENT ~~STOCK ISSUANCE~~EVENTS

OnIn accordance ~~May~~with ~~27,~~ASC ~~2017~~855-10, ~~the~~Subsequent ~~Company~~Events¸ ~~issued~~we ~~6,670,000~~have ~~shares~~analyzed ofour ~~its~~operations ~~common~~subsequent ~~stock pursuant~~ to aDecember ~~Board Resolution that provided for the stock issuance to officers~~31, ~~employees~~2018, ~~and~~through the ~~directors~~date of the ~~Company.~~financial ~~There~~statements iswere noavailable ~~vesting period, or restriction~~ to ~~sell~~be inissued 12and ~~months.~~have Asdetermined athat ~~result~~we ~~the~~do ~~Company~~not ~~recorded~~have ~~the~~any ~~stock~~material ~~based~~subsequent events ~~compensation~~to ~~expense~~disclose ~~$867,100 based~~in onthese ~~the~~financial ~~closed~~statements ~~price~~other onthan the ~~grant date~~following.

~~NOTE~~Greenkraft purchased 132,000,000 –million ~~PROVISION~~shares ~~FOR~~that ~~INCOME~~were ~~TAXES~~initially converted from a convertible note and have gone back to Greenkraft as treasury stock in April 2019.

Greenkraft uses the liability method, where deferred tax assets and liabilities are determined based on the expected future tax consequences of temporary differences between the carrying amounts of assets and liabilities for financial and income tax reporting purposes. During fiscal 2017, the company incurred net losses and, therefore, had no tax liability. The net deferred tax asset generated by the loss carryF-forward has been fully reserved. As of December 31, 2017, the tax years 2013 through 2016, and 2011 through 2016 are subject to examination by the federal and California taxing authorities, respectively. At December 31, 2017 and 2016, deferred tax assets consisted of the following:14

	December 31,		December 31,
	2017		2016
Deferred tax assets		$ 1,201,199		$ 1,593,960
Less: Valuation allowance		(1,201,199)		(1,593,960)
Net deferred tax assets		$ -		$ -
		December 31,		December 31,
		2017		2016
Accumulated net operating loss		$ 5,719,996		$ 4,688,119
Tax rate		21%		34%
Deferred tax assets		$ 1,201,199		$ 1,593,960

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

~~F-14~~In 2018 we changed auditors from Simon & Edward LLP to Fruci & Associates II, PLLC. There were no disagreements with either firm.

~~NOTE~~ITEM 9A. 14CONTROLS -AND ~~LIQUIDITY~~PROCEDURES

~~The accompanying financial statements have been prepared in accordance to FASB Subtopic 205-40, Presentation~~ Evaluation of ~~Financial~~Disclosure ~~Statements—Going~~Controls ~~Concern. In connection with preparing financial statements for each annual~~ and interim reporting period, an entity’s management should evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued (or within one year after the date that the financial statements are available to be issued when applicable). Greenkraft’s management evaluated the current financial situation of the company and believes the company has no going concern within one year.Procedures

~~During~~Disclosure controls ~~the~~and ~~year~~procedures ~~ended~~are ~~December~~designed ~~31,~~to ~~2017,~~ensure ~~the~~that ~~Company~~information ~~incurred~~required ato ~~loss~~be ~~from~~disclosed ~~continuing~~in ~~operation~~the ofreports ~~$1,031,794~~filed ~~and~~or asubmitted ~~net~~under the ~~loss~~Exchange $1Act is recorded,~~031~~ processed,~~877~~ summarized and ~~the~~reported, ~~stockholders’~~within ~~deficit~~the ~~was~~time ~~$2,621,065~~period ~~and~~specified in the ~~working~~SEC’s ~~capital~~rules ~~was $966,516~~and forms. ~~The~~Disclosure ~~working~~controls ~~capital~~and ~~deficit~~procedures ~~have~~include, ~~been~~without ~~majority~~limitation, ~~funded~~controls byand ~~accounts~~procedures ~~payable~~designed to ~~its~~ensure ~~related~~that ~~parties~~information required ~~and~~to ~~related~~be ~~party~~disclosed ~~debt. Based~~in on the ~~financial~~reports ~~support~~filed ~~letter~~under ~~from~~ the ~~CEO~~Exchange ofAct ~~Greenkraft,~~is heaccumulated and ~~his~~communicated ~~related~~to ~~party entities~~management, ~~has~~including the noChief ~~present~~Executive orOfficer ~~future~~covered ~~plans~~by orthis ~~intentions to (A) liquidate Greenkraft~~report, ~~Inc.;~~we ~~(B)~~carried ~~sell~~out oran ~~otherwise dispose of all~~evaluation, orunder athe ~~significant~~supervision ~~portion~~and ~~of,~~with ~~its investment in~~ the ~~Company~~participation of orour ~~otherwise~~management, ~~change~~including ~~its~~our ~~capital~~Chief ~~structure;~~Executive ~~(C)~~Officer ~~discontinue~~and ~~providing~~Chief ~~financial~~Financial ~~support to Greenkraft~~Officer, ~~Inc;~~of ~~or (D) pursue~~ the ~~collection~~effectiveness ifof the ~~company~~design ~~has~~and ~~cash~~operation of ~~flow~~our ~~issues.~~disclosure ~~Based~~controls onand ~~the~~procedures ~~cash~~as ~~burn~~of ~~calculation~~December 31, 2018 (the ~~Company~~“Evaluation isDate”). ~~expected~~Based toupon ~~have~~the ~~sufficient~~evaluation of ~~cash~~our ~~flow~~disclosure tocontrols ~~cover~~and ~~the~~procedures ~~normal~~as ~~business~~of ~~operation for~~ the ~~twelve~~Evaluation ~~month-ended December 31~~Date, ~~2018. In~~ the ~~next~~Chief 12Executive ~~months,~~Officer ~~the~~and ~~Company~~Chief ~~will~~Financial ~~continue~~Officer toconcluded that ~~receive~~our ~~sales~~disclosure ~~orders,~~controls ~~recognize~~and ~~revenue~~procedures bywere ~~selling~~not ~~the~~effective ~~qualified~~because ~~trucks~~of ~~for~~ the ~~government~~identification ~~incentive~~of ~~program,~~material ~~committed~~weaknesses ~~financial~~in ~~support~~our ~~from~~internal control ~~the~~over ~~owner~~financial ~~and~~reporting ~~his~~which ~~related~~are ~~parties~~identified tobelow, ~~fund~~which ~~its~~we ~~ongoing~~view ~~operation~~as ~~until~~an ~~the~~integral ~~Company~~part isof ~~able~~our todisclosure ~~meet~~controls ~~its own obligation as they become due~~and procedures.

Management ~~believes they will have sufficient funds to support their business based on the following: (a) revenues derived from signing up new dealers~~’s Report contracts and delivering alternative fuel trucks to them; (b) reclassify accounts payable- related parties and related parties’ debt as non- current liabilities in amount of $816,334 and $1,901,916, respectively, which is related to the financial support letter from the CEO, and (c) the CEO can raise additional funds needed to support our business plan. Management intends to seek new capital from owners and related parties to provide needed funds, as necessary. However, there can be no assurance that the Company can raise any additional funds, or if it can, that such funds will be on ~~terms~~Internal ~~acceptable~~Control toover ~~the~~Financial ~~Company.~~Reporting

~~The~~Our management is responsible for establishing and maintaining adequate internal control over financial ~~statements~~reporting, doas ~~not~~such ~~include~~term ~~any~~is defined ~~adjustments~~in ~~that~~Exchange ~~might~~Rule be13a-15(f). ~~necessary~~Our ifinternal ~~the~~control ~~Company~~over financial reporting is ~~unable~~a process designed to ~~continue~~provide asreasonable assurance ato ~~going~~our ~~concern~~management and board of directors regarding the reliability of financial reporting and the preparation of the financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America.

~~NOTE~~Our internal 13controls –over ~~SUBSEQUENT~~financial ~~EVENTS~~reporting includes those policies and procedures that (i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of our assets; (ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with accounting principles generally accepted in the United States of America, and our receipts and expenditures of are being made only in accordance with authorizations of our management and directors; and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of our assets that could have a material effect on the financial statements.

~~On January 24, 2018 $2,000 of an existing promissory note in the amount of $7,500 was converted to 2 million in stocks.~~16

InBecause of ~~first~~its ~~quarter~~inherent ~~2018~~limitations, ~~our~~internal ~~CEO~~controls ~~provided~~over ~~Greenkraft~~financial reporting may not prevent or detect misstatements. All internal control systems, no matter how well designed, have inherent limitations, including the possibility of human error and the circumvention of overriding controls. Accordingly, even effective internal controls over financial reporting can provide only reasonable assurance with ~~$100~~respect to financial statement preparation. Also,~~000~~ ~~line~~projections of ~~credit~~any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

FOur management assessed the effectiveness of our internal controls over financial reporting as of December 31, 2018. In making this assessment, it used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (COSO-152013) in Internal Control-Integrated Framework. Based on its evaluation, our management concluded that there are material weaknesses in our internal control over financial reporting and Management has concluded that our internal controls over financial reporting are ineffective as of December 31, 2018. A material weakness is a deficiency, or a combination of control deficiencies, in internal control over financial reporting such that there is a reasonable possibility that a material misstatement of our annual or interim financial statements will not be prevented or detected on a timely basis.

~~ITEM~~The material 9.weaknesses ~~CHANGES~~which INexisted ~~AND~~as ~~DISAGREEMENTS~~of ~~WITH~~December ~~ACCOUNTANTS~~31, ON2018 ~~ACCOUNTING AND FINANCIAL DISCLOSURE~~are:

InFinancial Reporting ~~February~~Systems: ~~2018~~We wedid ~~changed~~not ~~auditors~~have ~~from~~a ~~Simon~~robust &financial ~~Edward~~consolidation ~~LLP~~system tothroughout ~~Fruci~~the &period ~~Associated~~and ~~II,~~as ~~PLLC.~~a ~~There~~result, adjustments were norequired ~~disagreements~~in ~~with~~order ~~either~~to ~~firm~~produce financial statements for external reporting purposes.

~~ITEM~~Internal controls ~~9A.~~over ~~CONTROLS~~financial ~~AND PROCEDURES~~reporting:

~~Evaluation~~We do have not effective policies and procedures in place to provide adequate, independent oversight over financial reporting, timely preparation and review of ~~Disclosure~~accounting ~~Controls~~records, and ~~Procedures~~there is a lack of segregation of duties. Also, due to lack of resources and personnel, the Company is unable to properly design or implement a control environment over financial reporting that would be deemed necessary to maintain effective control, ensure accuracy, timeliness, completeness and integrity of financial data, and perform continual and ongoing monitoring of controls and risks.

~~Disclosure~~Fruci & ~~controls~~Associates ~~and procedures are designed to ensure that information required to be disclosed in the reports filed or submitted under the Exchange Act is recorded~~II, ~~processed,~~PLLC ~~summarized~~our ~~and~~registered ~~reported,~~independent ~~within~~public ~~the~~accounting ~~time period specified in the SEC's rules and forms. Disclosure controls and procedures include~~firm, ~~without~~was ~~limitation,~~not ~~controls and procedures designed to ensure that information~~ required to ~~be disclosed in the reports filed under the Exchange Act is accumulated~~ and ~~communicated~~has tonot ~~management,~~issued ~~including~~a ~~the Chief Executive Officer covered by this~~ report, ~~we carried out an evaluation, under~~ concerning the ~~supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, of the~~ effectiveness of ~~the design and operation of~~ our disclosure controls and procedures as of December 31, 2017 (the “Evaluation Date”). Based upon the evaluation of our disclosure controls and procedures as of the Evaluation Date, the Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were not effective because of the identification of a material weakness in our internal control over financial reporting ~~which is identified below, which we view~~ as ~~an integral part~~ of ~~our~~December ~~disclosure~~31, ~~controls and procedures~~2018.

~~Management’s~~Changes in ~~Report on~~ Internal Control over Financial Reporting

~~Our~~There were ~~management~~no ischanges ~~responsible~~in ~~for~~our ~~establishing and maintaining adequate~~ internal control over financial reporting, asduring ~~such~~the ~~term~~fiscal isyear ~~defined~~ended inDecember ~~Exchange~~31, ~~Rule~~2018 ~~13a-15(f). Our~~that ~~internal~~have ~~control~~materially affected, ~~over~~or ~~financial~~are ~~reporting~~reasonably islikely ~~a process designed~~ to ~~provide~~materially ~~reasonable~~affect, ~~assurance to~~ our ~~management~~internal ~~and~~control ~~board~~over ~~of directors regarding the reliability of~~ financial reporting ~~and the preparation of the financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America~~.

~~Our~~Limitations on ~~internal control over financial reporting includes those policies and procedures that (i) pertain to~~ the ~~maintenance~~Effectiveness of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of our assets; (ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with accounting principles generally accepted in the United States of America, and our receipts and expenditures of are being made only in accordance with authorizations of our management and directors; and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of our assets that could have a material effect on the financial statements.Controls

18Our management, including our Chief Executive Officer and Chief Financial Officer, does not expect that our Disclosure Controls and internal controls will prevent all errors and all fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected. These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of a simple error or mistake. Additionally, controls can be circumvented by the individual acts of some persons, by collusion of two or more people, or by management or board override of the control.

~~Because~~The design of ~~its~~any ~~inherent~~system ~~limitations,~~of ~~internal~~ controls ~~over~~also ~~financial~~is ~~reporting~~based ~~may~~in ~~not~~part ~~prevent~~upon orcertain ~~detect~~assumptions ~~misstatements. All~~about ~~internal control systems, no matter how well designed, have inherent limitations, including~~ the ~~possibility~~likelihood of ~~human~~future ~~error~~events, and ~~the circumvention of overriding controls. Accordingly, even effective internal control over financial reporting~~ there can ~~provide~~be ~~only~~no ~~reasonable~~ assurance ~~with~~that ~~respect~~any todesign ~~financial~~will ~~statement~~succeed ~~preparation. Also,~~in ~~projections~~achieving ofits ~~any~~stated ~~evaluation~~goals ofunder ~~effectiveness~~all topotential future ~~periods~~conditions; ~~are~~over ~~subject to the risk that~~ time, controls may become inadequate because of changes in conditions, or ~~that~~ the degree of compliance with the policies or procedures may deteriorate. Because of the inherent limitations in a cost-effective control system, misstatements due to error or fraud may occur and not be detected.

~~Our management assessed the effectiveness of our internal control over financial reporting as of December 31, 2017~~ITEM 9B. In ~~making~~OTHER this assessment, it used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (COSO-2013) in Internal Control-Integrated Framework. Based on its evaluation, our management concluded that there is a material weakness in our internal control over financial reporting and Management has concluded that our internal controls over financial reporting are ineffective as of December 31, 2017. A material weakness is a deficiency, or a combination of control deficiencies, in internal control over financial reporting such that there is a reasonable possibility that a material misstatement of our annual or interim financial statements will not be prevented or detected on a timely basis.INFORMATION

~~The material weaknesses which existed as of December 31, 2017 are:~~None.

Financial Reporting Systems: We did not have a robust financial consolidation system throughout the period and as a result, adjustments were required in order to produce financial statements for external reporting purposes.17

Segregation of Duties: A complete accounting system is needed to support standalone external financial reporting under public company or SEC requirements. Specifically, the Company did not segregate certain accounting duties due to the small size of its accounting staff.PART III

~~Fruci~~ITEM 10. ~~& Associates II~~DIRECTORS, ~~PLLC~~EXECUTIVE ~~our~~OFFICERS ~~registered~~AND ~~independent~~CORPORATE ~~public accounting firm, was not required to and has not issued a report concerning the effectiveness of our internal control over financial reporting as of December 31, 2017.~~GOVERNANCE

~~Changes~~Directors and ~~in Internal Control over Financial Reporting~~Officers

~~There~~Our bylaws ~~were~~allow nothe ~~changes~~number inof ~~our~~directors ~~internal~~to ~~control~~be ~~over~~fixed ~~financial~~by ~~reporting during~~ the ~~fiscal~~Board ~~year~~of ~~ended~~Directors. ~~December~~Our ~~31,~~Board ~~2017~~of ~~that~~Directors ~~have~~has ~~materially~~fixed ~~affected,~~the ornumber ~~are~~of ~~reasonably~~directors at ~~likely to materially affect, our internal control over financial reporting~~five.

19Our current directors and officers are as follows:

Limitations on the Effectiveness of Controls

NAME	AGE	POSITION
Executive Officers and Directors:
George Gemayel	68	Chairman, President and Secretary
Sosi Bardakjian	40	Chief Financial Officer and Director
Evan Ginsburg	76	Director
Assadour (Ace) Sarafian	61	Director
Miguel Pulido	62	Director

~~Our~~The directors ~~management,~~will ~~including~~serve ~~our~~as ~~Chief~~directors ~~Executive~~until ~~Officer and Chief Financial Officer, does not expect that~~ our ~~Disclosure~~next ~~Controls~~shareholder ~~and~~meeting ~~internal~~or ~~controls~~until ~~will~~a ~~prevent~~successor ~~all~~is ~~errors~~elected ~~and~~who ~~all~~accepts ~~fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that~~ the ~~objectives~~position. Officers ofhold ~~the~~their ~~control~~positions ~~system~~at ~~are met. Further,~~ the ~~design~~will of ~~a control system must reflect~~ the ~~fact~~Board ~~that there are resource constraints, and the benefits~~ of ~~controls must be considered relative to their costs~~Directors. ~~Because~~ ofThere ~~the~~are ~~inherent limitations in all control systems,~~ no ~~evaluation of controls can provide absolute assurance that all control issues and instances of fraud~~arrangements, ifagreements ~~any,~~or ~~within~~understandings ~~the Company have been detected. These inherent limitations include the realities that judgments in decision~~between non-~~making~~management ~~can~~shareholders ~~be faulty,~~ and ~~that~~management ~~breakdowns~~under ~~can~~which ~~occur~~non-management ~~because~~shareholders ofmay adirectly ~~simple error~~ or ~~mistake. Additionally,~~indirectly ~~controls~~participate ~~can~~in beor influence ~~circumvented by~~ the ~~individual acts of some persons, by collusion of two or more people, or by~~ management ~~or board override~~ of ~~the~~our ~~control~~affairs.

~~The~~George Gemayel, ~~design~~President, Secretary and Chairman of ~~any~~the ~~system~~Board of ~~controls~~Directors. ~~also~~Mr. isGemayel ~~based~~was inappointed ~~part~~as ~~upon~~President, ~~certain~~Secretary and ~~assumptions~~Chairman ~~about~~of ~~the~~our ~~likelihood~~Board of ~~future~~Directors ~~events~~on May 16, ~~and~~2013. ~~there~~Mr. ~~can~~Gemayal behas noextensive ~~assurance~~knowledge ~~that~~and ~~any~~experience ~~design~~in ~~will~~the ~~succeed~~automotive industry and in ~~achieving~~the ~~its~~fields ~~stated~~of ~~goals~~automotive ~~under~~emissions ~~all~~and ~~potential~~testing. ~~future~~In ~~conditions;~~2008, ~~over~~Mr. ~~time,~~Gemayel ~~controls~~founded ~~may~~Greenkraft, ~~become~~Inc., ~~inadequate~~a ~~because~~privately held manufacturer of ~~changes~~trucks, inengines, ~~conditions~~and alternative fuel systems that are powered by natural gas and propane fuels, orand has been its Chief Executive Officer since that time. Since 1982, Mr. Gemayel has also been the ~~degree~~President and sole director and shareholder of ~~compliance~~G ~~with~~& ~~the~~K ~~policies~~Automotive, Inc., ora ~~procedures~~California ~~may~~corporation ~~deteriorate~~that modifies and certifies foreign motor vehicles. ~~Because~~ ofSince ~~the~~2000, ~~inherent~~Mr. ~~limitations~~Gemayel inhas been a ~~cost-effective~~member ~~control~~of CEE, ~~system~~LLC, ~~misstatements~~a ~~due~~California tolimited ~~error~~liability orcompany ~~fraud~~and ~~may~~full ~~occur~~service vehicle and ~~not~~engine betesting ~~detected~~facility.

~~ITEM~~Sosi Bardakjian, 9BChief Financial Officer and Director. ~~OTHER~~Ms. ~~INFORMATION~~Bardakjian was appointed as our Chief Financial Officer and as a director in connection with the consummation of the Acquisition. Ms. Bardakjian has been Chief Financial Officer of Greenkraft since its formation in October 2008. Ms. Bardakjian graduated with double major in international business & finance from California State University Long Beach.

~~None.~~18

20Evan Ginsburg, Director. Mr. Ginsburg was appointed as a Director in connection with the consummation of the Acquisition. Mr. Ginsburg is an attorney, licensed to practice and in good standing in the State of California. Since 1998, Mr. Ginsburg has been the name partner in the Evan L. Ginsburg Law Offices. Mr. Ginsburg received his undergraduate degree from Western Michigan University and his law degree from Western State University.

~~PART~~Assadour (Ace) ~~III~~Sarafian, Director. Mr. Sarafian was appointed as a Director in connection with the consummation of the Acquisition. Since 1990, Mr. Sarafian has owned and operated Media Imports, Inc., a wholesale jewelry company.

~~ITEM~~Miguel Pulido, 10Director. ~~DIRECTORS~~Mr. Pulido was appointed as a Director in connection with the consummation of the Acquisition. Mr. Pulido currently serves as the Mayor of Santa Ana, ~~EXECUTIVE~~a ~~OFFICERS~~position ~~AND~~he ~~CORPORATE~~has ~~GOVERNANCE~~occupied since 1994. Prior to his election as Mayor of Santa Ana, Mr. Pulido served on the Santa Ana City Council from 1986 to 1994. Mr. Pulido also currently serves on the Governing Board of the South Coast Air Quality Management District (AQMD), which is responsible for air pollution control and clean air standards to protect public health. Mr. Pulido also serves as the Chair of the Energy Committee within the U.S. Conference of Mayors, a national organization dedicated to advocating public policy initiatives and funding programs to benefit cities. He is also a board member of the Fullerton Community Bank, Great Park Corporation, Pacific Symphony, Discovery Science Center, the UCI Foundation, and the Bowers Museum President’s Advisory Council.

~~Directors~~Director Independence and ~~Officers~~Qualifications

Our Board ~~bylaws~~of ~~allow~~Directors ~~the~~has ~~number~~determined ofthat ~~directors~~Messrs. toGinsburg, beSarafian ~~fixed~~and byPulido are “independent” as defined under the standards ~~Board~~set forth in Section 121A of ~~Directors~~the American Stock Exchange Company Guide. ~~Our~~ In making this determination, the Board of Directors considered ~~has~~all ~~fixed~~transactions ~~the~~set ~~number~~forth ofunder ~~directors~~“Certain atRelationships ~~five~~and Related Transactions” below.

~~Our~~We considered ~~current~~Mr. Gemayel’s prior experience in the automotive industry, including his positions with G & K Automotive, Inc., a California corporation that modifies and certifies foreign motor vehicles and CEE, LLC, a California limited liability company and full service vehicle and engine testing facility in concluding that he was qualified to serve as one of our directors. Regarding Ms. Bardakjian, we considered her experience in financial and ~~officers~~accounting ~~are~~experience as ~~follows:~~important factors in concluding that she was qualified to serve as one of our directors. Regarding Mr. Ginsburg, we considered his legal experience as an important factor in concluding that he was qualified to serve on our board of directors. Regarding Mr. Sarafian, we considered his experience in owning and operating a successful business for over 30 years as important factors in concluding that he was qualified to serve on our board of directors. Regarding Mr. Pulido, we considered his experience on the Energy Committee as well as the contacts and experience as Mayor of Santa Ana as important factors in concluding that he was qualified to serve as one of our directors.

NAME	AGE	POSITION
Executive Officers and Directors:
George Gemayel	67	Chairman, President and Secretary
Sosi Bardakjian	39	Chief Financial Officer and Director
Evan Ginsburg	75	Director
Assadour (Ace) Sarafian	60	Director
Miguel Pulido	61	Director

The directors will serve as directors until our next shareholder meeting or until a successor is elected who accepts the position. Officers hold their positions at the will of the Board of Directors. There are no arrangements, agreements or understandings between non-management shareholders and management under which non-management shareholders may directly or indirectly participate in or influence the management of our affairs.Significant Employees

~~George~~There are ~~Gemayel,~~no ~~President,~~individuals ~~Secretary~~other ~~and Chairman~~than ~~of the Board of Directors. Mr. Gemayel was appointed as President, Secretary and Chairman of~~ our ~~Board~~directors ~~of Directors on May 16, 2013. Mr. Gemayal has extensive knowledge~~ and ~~experience~~officers inwho ~~the~~make ~~automotive industry and in the fields of automotive emissions and testing. In 2008, Mr. Gemayel founded Greenkraft, Inc.,~~ a ~~privately~~significant ~~held~~contribution ~~manufacturer~~to ofour ~~trucks, engines, and alternative fuel systems that are powered by natural gas and propane fuels, and has been its Chief Executive Officer since that time~~business. Since 1982, Mr. Gemayel has also been the President and sole director and shareholder of G & K Automotive, Inc., a California corporation that modifies and certifies foreign motor vehicles. Since 2000, Mr. Gemayel has been a member of CEE, LLC, a California limited liability company and full service vehicle and engine testing facility.

Sosi Bardakjian, Chief Financial Officer and Director. Ms. Bardakjian was appointed as our Chief Financial Officer and as a director in connection with the consummation of the Acquisition. Ms. Bardakjian has been Chief Financial Officer of Greenkraft since its formation in October 2008. Ms. Bardakjian graduated with double major in international business & finance from California State University Long Beach. Family Relationships

21There are no family relationships among our officers or directors.

Evan Ginsburg, Director. Mr. Ginsburg was appointed as a Director in connection with the consummation of the Acquisition. Mr. Ginsburg is an attorney, licensed to practice and in good standing in the State of California. Since 1998, Mr. Ginsburg has been the name partner in the Evan L. Ginsburg Law Offices. Mr. Ginsburg received his undergraduate degree from Western Michigan University and his law degree from Western State University.Legal Proceedings

~~Assadour~~None of ~~(Ace)~~our ~~Sarafian~~directors, ~~Director. Mr.~~executive ~~Sarafian~~officers, ~~was~~promoters ~~appointed~~or ascontrol apersons ~~Director~~has inbeen ~~connection~~involved ~~with~~in ~~the~~any ~~consummation~~ of the ~~Acquisition.~~following ~~Since~~events ~~1990,~~during ~~Mr.~~the past ~~Sarafian~~five ~~has owned and operated Media Imports, Inc., a wholesale jewelry company.~~years:

~~Miguel~~● ~~Pulido,~~any ~~Director. Mr.~~bankruptcy ~~Pulido~~petition ~~was~~filed ~~appointed~~by asor aagainst ~~Director~~any inbusiness ~~connection~~of ~~with~~which ~~the~~such ~~consummation~~person ofwas ~~the~~a ~~Acquisition. Mr.~~general ~~Pulido~~partner ~~currently~~or ~~serves~~executive asofficer either at the ~~Mayor~~time of ~~Santa~~the ~~Ana,~~bankruptcy aor ~~position~~within hetwo ~~has~~years ~~occupied~~prior ~~since 1994. Prior~~ to ~~his~~that ~~election~~time; ~~as Mayor~~● ofany ~~Santa~~conviction ~~Ana,~~in ~~Mr.~~a ~~Pulido~~criminal ~~served~~proceeding onor ~~the~~being ~~Santa~~subject ~~Ana City Council from 1986~~ to ~~1994. Mr.~~a ~~Pulido~~pending ~~also~~criminal ~~currently~~proceeding ~~serves~~(excluding ontraffic ~~the~~violations ~~Governing~~and ~~Board~~other ofminor ~~the~~offenses); ~~South~~● ~~Coast~~being ~~Air~~subject ~~Quality~~to ~~Management~~any ~~District~~order, ~~(AQMD)~~judgment, ~~which~~or isdecree, ~~responsible~~not ~~for~~subsequently ~~air~~reversed, ~~pollution~~suspended ~~control~~or ~~and~~vacated, ~~clean~~of ~~air~~any ~~standards~~court toof ~~protect~~competent ~~public~~jurisdiction, ~~health. Mr.~~permanently ~~Pulido~~or ~~also~~temporarily ~~serves~~enjoining, asbarring, ~~the~~suspending ~~Chair~~or ofotherwise ~~the~~limiting ~~Energy~~his ~~Committee~~involvement ~~within~~in ~~the~~any ~~U.S.~~type ~~Conference~~ of ~~Mayors~~business, asecurities ~~national~~or ~~organization~~banking ~~dedicated~~activities; toor ~~advocating~~● ~~public~~being ~~policy~~found ~~initiatives~~by ~~and~~a ~~funding~~court ~~programs~~of tocompetent ~~benefit~~jurisdiction ~~cities. He~~(in isa ~~also~~civil aaction), ~~board~~the ~~member~~SEC ofor the ~~Fullerton~~Commodity ~~Community~~Futures ~~Bank,~~Trading ~~Great~~Commission ~~Park~~to ~~Corporation,~~have ~~Pacific~~violated ~~Symphony,~~a ~~Discovery~~federal ~~Science~~or ~~Center,~~state ~~the~~securities ~~UCI~~or ~~Foundation~~commodities law, and the ~~Bowers~~judgment ~~Museum~~has ~~President’s~~not ~~Advisory~~been ~~Council~~reversed, suspended, or vacated.

~~Director~~Section 16(a) ~~Independence~~Beneficial ~~and~~Ownership ~~Qualifications~~Compliance Reporting

~~Our~~Section 16(a) ~~Board~~of the Securities Exchange Act of ~~Directors~~1934 ~~has~~requires ~~determined~~a ~~that~~company’s ~~Messrs.~~directors ~~Ginsburg~~and officers, ~~Sarafian~~ and ~~Pulido~~persons ~~are~~who ~~“independent”~~own asmore ~~defined~~than ten-percent ~~under~~(10%) of our common stock, to file with the ~~standards~~Securities ~~set~~and ~~forth~~Exchange inCommission ~~Section~~reports ~~121A~~of ownership on Form 3 and reports of change in ownership on Forms 4 and 5. Such officers, directors and ten-percent stockholders are also required to furnish the ~~American~~company ~~Stock~~with ~~Exchange~~copies ~~Company~~of ~~Guide~~all Section 16(a) reports they file. In ~~making~~Based ~~this~~solely ~~determination,~~on our review of the ~~Board~~copies of ~~Directors~~such ~~considered~~forms received by us and on written representations from certain reporting persons, we believe that all ~~transactions~~Section ~~set~~16(a) ~~forth~~reports ~~under~~applicable ~~“Certain~~to ~~Relationships~~our officers, directors and ~~Related~~ten-percent ~~Transactions”~~stockholders ~~below~~with respect to the fiscal year ended December 31, 2018 were filed.

We considered Mr. Gemayel’s prior experience in the automotive industry, including his positions with G & K Automotive, Inc., a California corporation that modifies and certifies foreign motor vehicles and CEE, LLC, a California limited liability company and full service vehicle and engine testing facility in concluding that he was qualified to serve as one of our directors. Regarding Ms. Bardakjian, we considered her experience in financial and accounting experience as important factors in concluding that she was qualified to serve as one of our directors. Regarding Mr. Ginsburg, we considered his legal experience as an important factor in concluding that he was qualified to serve on our board of directors. Regarding Mr. Sarafian, we considered his experience in owning and operating a successful business for over 30 years as important factors in concluding that he was qualified to serve on our board of directors. Regarding Mr. Pulido, we considered his experience on the Energy Committee as well as the contacts and experience as Mayor of Santa Ana as important factors in concluding that he was qualified to serve as one of our directors.20

22Code of Ethics

~~Significant~~We have ~~Employees~~not yet adopted a code of ethics that applies to our principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions because we have not yet finalized the content of such a code. Companies whose equity securities are listed for trading on the OTCQB are not currently required to implement a code of ethics.

~~There are no individuals other than our directors and officers who make a significant contribution to our business.~~Director Nominees

~~Family~~As of ~~Relationships~~December 31, 2018 there have been no material changes to the procedures by which security holders may recommend nominees to our Board of Directors.

~~There are no family relationships among our officers or directors.~~Audit Committee

~~Legal~~The functions ~~Proceedings~~of the Audit Committee are currently carried out by our Board of Directors. Our Board of Directors has determined that we do not presently need an audit committee financial expert on our Board of Directors carrying out the duties of the Audit Committee. Our Board of Directors has determined that the cost of hiring a financial expert to act as one of our directors and to be a member of the Audit Committee or otherwise perform Audit Committee functions outweighs the benefits of having a financial expert on the Audit Committee.

~~None~~ITEM 11. ofEXECUTIVE ~~our directors, executive officers, promoters or control persons has been involved in any of the following events during the past five years:~~COMPENSATION

·The table below shows the compensation summary for all officers and board directors. None of our other executive officers received compensation except for a minimal administrative amount for the CFO during the fiscal year ended December 31, 2018.

~~any bankruptcy petition filed by or against any business of which such person was a general partner or executive officer either at the time of the bankruptcy or within two years prior to that time;~~21

·Summary Compensation

any conviction in a criminal proceeding or being subject to a pending criminal proceeding (excluding traffic violations and other minor offenses);

Name and Principal Position	Year	Salary ($)		Bonus ($)		Stock Awards ($)		Option Awards ($)		Non-Equity Incentive Plan Compensation ($)		Non-qualified Deferred Compensation Earnings ($)		All Other Compensation ($)		Total ($)
*George Gemayel,* Chairman, President, Secretary	2018	-		-		-		-		-		-		-		-
*Sosi Bardakjian,* Chief Financial Officer, Director	2018		19,500		-		-		-		-		-		-		19,500
*Evan Ginsburg,* Director	2018		-		-		-		-		-		-		-		-
*Assadour (Ace) Sarafian,* Director	2018		-		-		-		-		-		-		-		-
*Miguel Pulido*, Director	2018		-		-		-		-		-		-		-		-

Name and Principal Position	Year	Salary ($)		Bonus ($)		Stock Awards ($)		Option Awards ($)		Non-Equity Incentive Plan Compensation ($)		Non-qualified Deferred Compensation Earnings ($)		All Other Compensation ($)		Total ($)
*George Gemayel,* Chairman, President, Secretary	2017	-		-		-		-		-		-		-		-
*Sosi Bardakjian,* Chief Financial Officer, Director	2017		19,500		-		-		-		-		-		-		19,500
*Evan Ginsburg,* Director	2017		-		-		-		-		-		-		-		-
*Assadour (Ace) Sarafian,* Director	2017		-		-		-		-		-		-		-		-
*Miguel Pulido*, Director	2017		-		-		-		-		-		-		-		-

~~being~~Our executive ~~subject~~officers toand ~~any~~directors ~~order,~~did ~~judgment, or decree,~~ not ~~subsequently~~receive ~~reversed, suspended or vacated, of~~ any ~~court~~other ofcompensation ~~competent~~as ~~jurisdiction,~~directors ~~permanently~~ or ~~temporarily~~officers ~~enjoining, barring, suspending~~ or ~~otherwise limiting his involvement in~~ any ~~type of business, securities or banking activities; or~~benefits.

·Outstanding Equity Awards at Fiscal Year End

~~being found by a court~~ As of ~~competent~~December ~~jurisdiction~~31, ~~(in a civil action)~~2018, ~~the~~we ~~SEC~~did ornot ~~the Commodity Futures Trading Commission to~~ have ~~violated~~any aunexercised ~~federal~~stock oroptions ~~state~~held ~~securities~~by orany ~~commodities~~of ~~law,~~our ~~and the judgment has not been reversed, suspended, or vacated~~shareholders.

~~Section 16(a) Beneficial Ownership Compliance Reporting~~22

Section 16(a) of the Securities Exchange Act of 1934 requires a company’s directors and officers, and persons who own more than ten-percent (10%) of our common stock, to file with the Securities and Exchange Commission reports of ownership on Form 3 and reports of change in ownership on Forms 4 and 5ITEM 12. ~~Such~~ ~~officers,~~SECURITY ~~directors~~OWNERSHIP ~~and~~OF ~~ten-percent~~CERTAIN ~~stockholders~~BENEFICIAL ~~are~~OWNERS ~~also~~AND ~~required~~MANAGEMENT toAND ~~furnish~~RELATED ~~the~~STOCKHOLDER company with copies of all Section 16(a) reports they file. Based solely on our review of the copies of such forms received by us and on written representations from certain reporting persons, we believe that all Section 16(a) reports applicable to our officers, directors and ten-percent stockholders with respect to the fiscal year ended December 31, 2017 were filed.MATTERS

23The following table sets forth certain information known to us with respect to the beneficial ownership (as defined in Instruction 4 to Item 403 of Regulation S-K under the Securities Exchange Act of 1934) of our common stock as of April 14, 2018 by (i) each person who is known by us to be the beneficial owner of more than 5% of any class of our voting securities, (ii) each of our directors and named executive officers, and (iii) all of our executive officers and directors as a group. Except as otherwise listed below, the address of each person is 2530 S. Birch Street, Santa Ana, CA 92707.

Code of Ethics

Title of Class	Name and Address of Beneficial Owner	Amount and Nature of Beneficial Ownership		Percent of Class (1)
Common	George Gemayel		83,060,000		79.03	%
Common	Sosi Bardakjian		250,000		0.24	%
Common	Evan Ginsburg		100,000		0.1	%
Common	Assadour (Ace) Sarafian		5,000,000		4.75	%
Common	Miguel Pulido		100,000		0.1	%
	All Executive Officers and Directors as a Group		88,510,000		84.21	%

We1) Calculated ~~have~~based ~~not~~on ~~yet~~issued ~~adopted~~and aoutstanding ~~code~~shares of ~~ethics that applies to our principal executive officer~~105, ~~principal financial officer~~102,718 ~~principal~~as ~~accounting~~December ~~officer or controller~~31, ~~or persons performing similar functions because we have not yet finalized the content of such a code~~2018. ~~Companies whose equity securities are listed for trading on the OTCQB are not currently required to implement a code of ethics.~~

~~Director~~Pension, Retirement ~~Nominees~~or Similar Benefit Plans

AsThere are ofno ~~December~~arrangements 31or plans in which we provide pension, ~~2017~~retirement ~~there~~or ~~have~~similar ~~been~~benefits to our directors or executive officers. We have no material ~~changes~~bonus toor ~~the~~profit ~~procedures~~sharing byplans pursuant to which ~~security~~cash ~~holders~~or non-cash compensation is or may ~~recommend~~be ~~nominees~~paid to our directors or executive officers, except that stock options may be granted at the discretion of the Board of Directors or a committee thereof.

~~Audit~~ Compensation Committee

~~The functions of the Audit Committee are~~ We currently ~~carried~~do ~~out~~not byhave ~~our~~a ~~Board~~compensation committee of ~~Directors. Our~~the Board of Directors ~~has~~or ~~determined~~a ~~that we do not presently need an audit~~ committee ~~financial~~performing ~~expert~~a onsimilar ~~our~~function. ~~Board~~It ofis ~~Directors carrying out~~ the view ~~duties~~ of the ~~Audit Committee. Our~~ Board ~~of Directors has determined~~ that ~~the~~it ~~cost~~is ofappropriate ~~hiring~~for aus ~~financial~~not ~~expert~~ to ~~act~~have assuch ~~one~~a committee because of our ~~directors~~size and tobecause ~~be a member of~~ the ~~Audit~~Board ~~Committee~~as ora ~~otherwise~~whole determines ~~perform~~executive ~~Audit~~compensation. ~~Committee~~Each ~~functions~~of ~~outweighs~~our ~~the~~directors ~~benefits~~is ofalso ~~having~~is a ~~financial~~senior ~~expert~~officer onof the ~~Audit Committee~~company.

2423

~~ITEM~~Compensation Committee ~~11. EXECUTIVE COMPENSATION~~Report

~~The~~Our Board ~~table~~of ~~below~~Directors ~~shows~~as ~~the~~a ~~compensation~~whole ~~summary~~have ~~for~~revised ~~all offices~~ and ~~board~~discussed ~~directors.~~the ~~None~~compensation ofdiscussion ~~our~~and ~~other~~analysis ~~executive~~disclosed ~~officers~~in ~~received~~this ~~compensation~~Form ~~except~~10-K and ~~for~~based aon ~~minimal~~this ~~administrative~~review ~~amount~~and ~~for~~discussion, ~~the~~have ~~CFO~~determined ~~during~~that the ~~fiscal~~disclosure ~~year~~be ~~ended~~included ~~December~~in ~~31,~~this ~~2017~~annual report.

~~Summary~~ Compensation of Directors

Name and Principal Position	Year	Salary ($)	Bonus ($)	Stock Awards ($)	Option Awards ($)	Non-Equity Incentive Plan Compensation ($)	Non-qualified Deferred Compensation Earnings ($)	All Other Compensation ($)	Total ($)
George Gemayel, Chairman, President, Secretary	2017	-	-	-	-	-	-	-	-
Sosi Bardakjian, Chief Financial Officer, Director	2017	19,5000	-	-	-	-	-	-	19,500
Evan Ginsburg, Director	2017	-	-	-	-	-	-	-	-
Assadour (Ace) Sarafian, Director	2017	-	-	-	-	-	-	-	-
Miguel Pulido, Director	2017	-	-	-	-	-	-	-	-

We do not pay our directors any fees for attendance at Board meetings or similar remuneration or reimburse them for any out-of-pocket expenses incurred by them in connection with our business.

~~Our~~Change of ~~executive officers and directors did not receive any other compensation as directors or officers or any benefits.~~Control

~~Outstanding~~As of ~~Equity~~December ~~Awards~~31, at2018 ~~Fiscal~~we ~~Year~~had ~~End~~no pension plans or compensatory plans or other arrangements which provide compensation in the event of a termination of employment or a change in our control.

AsITEM 13. ofCERTAIN ~~December~~RELATIONSHIPS ~~31,~~AND ~~2017~~RELATED TRANSACTIONS, weAND ~~did~~DIRECTOR ~~not have any unexercised stock options held by any of our shareholders.~~ INDEPENDENCE

25Director Independence

~~ITEM~~The OTCQB 12on which our common shares are listed on does not have any director independence requirements. ~~SECURITY~~We ~~OWNERSHIP~~also OFdo ~~CERTAIN~~not ~~BENEFICIAL~~have ~~OWNERS~~a ~~AND~~definition of ~~MANAGEMENT~~independence ~~AND~~as ~~RELATED~~our ~~STOCKHOLDER~~directors ~~MATTERS~~also hold positions executive officer positions with us. Once we engage further directors and officers, we plan to develop a definition of independence and scrutinize our Board of Directors with regards to this definition.

~~The following table sets forth certain information known to us with respect to the beneficial ownership (as defined in Instruction 4 to~~ Item ~~403 of Regulation S-K under the Securities Exchange Act of 1934) of our common stock as of April~~ 14, 2017 by (i) each person who is known by us to be the beneficial owner of more than 5% of any class of our voting securities, (ii) each of our directors and named executive officers, and (iii) all of our executive officers and directors as a group. ~~Except~~ asPRINCIPAL ~~otherwise~~ACCOUNTING ~~listed~~FEES ~~below,~~AND ~~the address of each person is 2530 S. Birch Street, Santa Ana, CA 92707.~~SERVICES

Title of Class	Name and Address of Beneficial Owner	Amount and Nature of Beneficial Ownership	Percent of Class (1)
Common	George Gemayel	82,110,673	79.64%
Common	Sosi Bardakjian	250,000	0.24%
Common	Evan Ginsburg	100,000	0.1%
Common	Assadour (Ace) Sarafian	5,000,000	4.85%
Common	Miguel Pulido	100,000	0.1%
	All Executive Officers and Directors as a Group	87,560,673	84.93%

Audit, Audit-Related and Non-Audit Fees

1On February 20, 2018, the Board of Directors of the Company approved the appointment of Fruci & Associates II, PLLC as the Company’s independent registered public accounting firm, to audit the financial statements of the Company for the year-end Audit December 31, 2017. On February 22, 2018, the Board of Directors of Greenkraft Inc. (the “Company”) dismissed Benjamin & Young LLP (B&Y).

~~Calculated~~The following ~~based~~table onrepresents ~~issued~~fees for the professional audit services and ~~outstanding~~fees ~~shares~~billed offor ~~103,102,718~~other asservices ~~December~~rendered ~~31,~~by ~~2017~~our current auditors and predecessor auditor.

Pension, Retirement or Similar Benefit Plans

	Fruci & Associates II, PLLC		Fruci & Associates II, PLLC
Description of service	2018		2017
Audit fees	$	27,800		16,000
Audit- related fees		-
Tax fees		-
All other fees		-
Total	$	27,800		16,000

~~There~~Audit Committee are no arrangements or plans in which we provide pension, retirement or similar benefits to our directors or executive officers. We have no material bonus or profit sharing plans pursuant to which cash or non-cash compensation is or may be paid to our directors or executive officers, except that stock options may be granted at the discretion of the Board of Directors or a committee thereof.Approval

~~Compensation~~Since our ~~Committee~~inception, our Board of Directors, performing the duties of the audit committee, have reviewed all audit and non-audit related fees at least annually. The Board, acting as the audit committee, pre-approved all audit related services for the year ended December 31, 2018.

We currently do not have a compensation committee of the Board of Directors or a committee performing a similar function. It is the view of the Board that it is appropriate for us not to have such a committee because of our size and because the Board as a whole determines executive compensation. Each of our directors is also is a senior officer of the company.24

26PART IV

~~Compensation~~ITEM 15. ~~Committee~~EXHIBITS, ~~Report~~FINANCIAL STATEMENT SCHEDULES

~~Our~~The financial ~~Board~~statement ofschedules ~~Directors~~are asomitted abecause ~~whole~~they ~~have~~are ~~revised~~inapplicable ~~and~~or ~~discussed~~ the ~~compensation~~requested ~~discussion~~information ~~and~~is ~~analysis~~shown ~~disclosed~~ in ~~this~~our ~~Form~~financial statements ~~10-K~~or ~~and~~related ~~based~~notes ~~on this review and discussion, have determined that the disclosure be included in this annual report~~thereto.

~~Compensation of Directors~~Exhibits

We do not pay our directors any fees for attendance at Board meetings or similar remuneration or reimburse them for any out-of-pocket expenses incurred by them in connection with our business.

Exhibit Number		Exhibit Description
2.1		Securities Purchase Agreement dated as of December 5, 2013 by and among Sunrise Global, Inc., Greenkraft, Inc. and the shareholders of Greenkraft, Inc. (1)
3.1		Articles of Incorporation of Greenkraft, Inc. (f/k/a Sunrise Global, Inc.), a Nevada corporation (2)
3.2		Articles of Incorporation of Greenkraft, Inc., a California corporation (1)
3.3		Bylaws of Greenkraft, Inc.(f/k/a Sunrise Global, Inc.), a Nevada corporation (2)
3.4		Bylaws of Greenkraft, Inc., a California corporation (1)
3.5		Articles of Merger dated December 11, 2013 between Sunrise Global, Inc., a Nevada corporation and Greenkraft, Inc., a Nevada corporation. (3)
3.6		Certificate of Change dated December 13, 2013 filed with the Nevada Secretary of State (3)
4.1		Promissory Note dated March 13, 2012 in the amount of up to $3,500,000 issued by Greenkraft, Inc. in favor of Pacific Premier Bank.(1)
10.1		Investment Agreement dated February 6, 2014 between Greenkraft, Inc. a Nevada corporation and Kodiak Capital LLC. (5)
10.2		Registration Rights Agreement dated February 6, 2014 between Greenkraft Inc., a Nevada corporation and Kodiak Capital LLC.(5)
10.3		Business Loan Agreement dated March 13, 2012 between Greenkraft, Inc. and Pacific Premier Bank.(4)
10.4		Commercial Security Agreement dated March 31, 2012 between Greenkraft, Inc. and Pacific Premier Bank.(4)
10.5		Commercial Lease Agreement dated April 1, 2013 between First Warner Properties and Greenkraft, Inc. (1)
10.6		Loan Modification Agreement dated July 15, 2013 between Greenkraft, Inc. and Pacific Premier Bank.(4)
10.7		Loan Modification Agreement dated December 26, 2013 between Greenkraft, Inc. and Pacific Premier Bank (4)
10.8		Commercial Guaranty dated December 26, 2013 by Greenkraft, Inc., a Nevada corporation in favor of Pacific Premier Bank (4)
21.1		Subsidiaries (6)
31.1		Certification of the Chief Executive Officer Pursuant to Rule 13a-14 or 15d-14 of the Exchange Act pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2		Certification of the Chief Financial Officer Pursuant to Rule 13a-14 or 15d-14 of the Exchange Act pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1		Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2		Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

EX-101.INS		XBRL Instance Document
EX-101.SCH		XBRL Taxonomy Extension Schema
EX-101.CAL		XBRL Taxonomy Extension Calculation Linkbase
EX-101.LAB		XBRL Taxonomy Extension Label Linkbase
EX-101.PRE		XBRL Taxonomy Extension Presentation Linkbase
EX-101.DEF		XBRL Taxonomy Extension Definition Linkbase

Change of Control

(1)	Filed as an exhibit to our Current Report on Form 8-K filed with the SEC on December 10, 2013 (File No. 000-53047) and incorporated herein by reference.
(2)	Filed as an exhibit to our Registration Statement on Form SB-2 filed with the SEC on May 11, 2007 (File No. 333-142836) and incorporated herein by reference.
(3)	Filed as an exhibit to our Quarterly Report on Form 10-Q filed with the SEC on December 16, 2013 (File No. 000-53047) and incorporated herein by reference.
(4)	Filed as an exhibit to our Amendment No. 1 to Current Report on Form 8-K filed with the SEC on January 29, 2014 and incorporated herein by reference.
(5)	Filed as an exhibit to our Current Report on Form 8-K filed with the SEC on February 12, 2014 and incorporated herein by reference.
(6)	Filed as an exhibit to our Current Report on Form 10-K filed with the SEC on April 3, 2014 and incorporated herein by reference.

~~As of December 31, 2017 we had no pension plans or compensatory plans or other arrangements which provide compensation in the event of a termination of employment or a change in our control.~~ 25

~~ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE~~SIGNATURES

~~Director~~Pursuant to ~~Independence~~the requirements of Section 13 or 15(d) of the Exchange Act, the Registrant has duly caused this Annual Report to be signed on its behalf by the undersigned thereunto duly authorized.

The OTCQB on which our common shares are listed on does not have any director independence requirements. We also do not have a definition of independence as our directors also hold positions executive officer positions with us. Once we engage further directors and officers, we plan to develop a definition of independence and scrutinize our Board of Directors with regards to this definition.

	GREENKRAFT, INC.

Date: May 10, 2019	By:	/s/ George Gemayel
		George Gemayel
		President, Chief Executive Officer and Director
		(Principal Executive Officer)

27Pursuant to the requirements of the Exchange Act this Report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Item 14. PRINCIPAL ACCOUNTING FEES AND SERVICES

Signature	Title	Date

/s/ George Gemayel	President, Chief Executive Officer and Director	May 10, 2019
George Gemayel	(Principal Executive Officer)

/s/ Sosi Bardakjian	Chief Financial Officer and Director	May 10, 2019
Sosi Bardakjian	(Principal Financial and Accounting Officer)

/s/ Evan Ginsburg	Director	May 10, 2019
Evan Ginsburg

/s/ Assadour Sarafian	Director	May 10, 2019
Assadour Sarafian

/s/ Miguel A. Pulido	Director	May 10, 2019
Miguel A. Pulido

~~Audit, Audit-Related and Non-Audit Fees~~26

On February 20, 2018, the Board of Directors of the Company approved the appointment of Fruci & Associates II, PLLC as the Company's independent registered public accounting firm, to audit the financial statements of the Company for the year end Audit December 31, 2017. On February 22, 2018, the Board of Directors of Greenkraft Inc. (the "Company") dismissed Benjamin & Young LLP (B&Y).

The following table represents fees for the professional audit services and fees billed for other services rendered by our current auditors and predecessor auditor.

Description of service	Fruci & Associates II, PLLC
	2017
Audit fees	$ 16,000
Audit- related fees	-
Tax fees	-
All other fees	-
Total	$ 16,000

Audit Committee Approval

Since our inception, our Board of Directors, performing the duties of the audit committee, have reviewed all audit and non-audit related fees at least annually. The Board, acting as the audit committee, pre-approved all audit related services for the year ended December 31, 2017.

PART IV

ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES

The financial statement schedules are omitted because they are inapplicable or the requested information is shown in our financial statements or related notes thereto.

Exhibits
Exhibit Number	Exhibit Description
2.1	Securities Purchase Agreement dated as of December 5, 2013 by and among Sunrise Global, Inc., Greenkraft, Inc. and the shareholders of Greenkraft, Inc. (1)
3.1	Articles of Incorporation of Greenkraft, Inc. (f/k/a Sunrise Global, Inc.), a Nevada corporation (2)
3.2	Articles of Incorporation of Greenkraft, Inc., a California corporation (1)
3.3	Bylaws of Greenkraft, Inc.(f/k/a Sunrise Global, Inc.), a Nevada corporation (2)
3.4	Bylaws of Greenkraft, Inc., a California corporation (1)
3.5	Articles of Merger dated December 11, 2013 between Sunrise Global, Inc., a Nevada corporation and Greenkraft, Inc., a Nevada corporation. (3)
3.6	Certificate of Change dated December 13, 2013 filed with the Nevada Secretary of State (3)
4.1	Promissory Note dated March 13, 2012 in the amount of up to $3,500,000 issued by Greenkraft, Inc. in favor of Pacific Premier Bank.(1)
10.1	Investment Agreement dated February 6, 2014 between Greenkraft, Inc. a Nevada corporation and Kodiak Capital LLC. (5)
10.2	Registration Rights Agreement dated February 6, 2014 between Greenkraft Inc., a Nevada corporation and Kodiak Capital LLC.(5)
10.3	Business Loan Agreement dated March 13, 2012 between Greenkraft, Inc. and Pacific Premier Bank.(4)
10.4	Commercial Security Agreement dated March 31, 2012 between Greenkraft, Inc. and Pacific Premier Bank.(4)
10.5	Commercial Lease Agreement dated April 1, 2013 between First Warner Properties and Greenkraft, Inc. (1)
10.6	Loan Modification Agreement dated July 15, 2013 between Greenkraft, Inc. and Pacific Premier Bank.(4)
10.7	Loan Modification Agreement dated December 26, 2013 between Greenkraft, Inc. and Pacific Premier Bank (4)
10.8	Commercial Guaranty dated December 26, 2013 by Greenkraft, Inc., a Nevada corporation in favor of Pacific Premier Bank (4)
21.1	Subsidiaries (6)
31.1	Certification of the Chief Executive Officer Pursuant to Rule 13a-14 or 15d-14 of the Exchange Act pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2	Certification of the Chief Financial Officer Pursuant to Rule 13a-14 or 15d-14 of the Exchange Act pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1	Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2	Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

EX-101.INS	XBRL Instance Document
EX-101.SCH	XBRL Taxonomy Extension Schema
EX-101.CAL	XBRL Taxonomy Extension Calculation Linkbase
EX-101.LAB	XBRL Taxonomy Extension Label Linkbase
EX-101.PRE	XBRL Taxonomy Extension Presentation Linkbase
EX-101.DEF	XBRL Taxonomy Extension Definition Linkbase

(1)	Filed as an exhibit to our Current Report on Form 8-K filed with the SEC on December 10, 2013 (File No. 000-53047) and incorporated herein by reference.
(2)	Filed as an exhibit to our Registration Statement on Form SB-2 filed with the SEC on May 11, 2007 (File No. 333-142836) and incorporated herein by reference.
(3)	Filed as an exhibit to our Quarterly Report on Form 10-Q filed with the SEC on December 16, 2013 (File No. 000-53047) and incorporated herein by reference.
(4)	Filed as an exhibit to our Amendment No. 1 to Current Report on Form 8-K filed with the SEC on January 29, 2014 and incorporated herein by reference.
(5)	Filed as an exhibit to our Current Report on Form 8-K filed with the SEC on February 12, 2014 and incorporated herein by reference.
(6)	Filed as an exhibit to our Current Report on Form 10-K filed with the SEC on April 3, 2014 and incorporated herein by reference.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Exchange Act, the Registrant has duly caused this Annual Report to be signed on its behalf by the undersigned thereunto duly authorized.

	GREENKRAFT, INC.
Date: April 16, 2018	By:	/s/ George Gemayel
		George Gemayel
		President, Chief Executive Officer and Director (Principal Executive Officer)

Pursuant to the requirements of the Exchange Act this Report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Signature	Title	Date
/s/ George Gemayel George Gemayel	President, Chief Executive Officer and Director (Principal Executive Officer)	April 16, 2018
/s/ Sosi Bardakjian Sosi Bardakjian	Chief Financial Officer and Director (Principal Financial and Accounting Officer)	April 14,, 2018
/s/ Evan Ginsburg	Director	April 16, 2018
Evan Ginsburg
/s/ Assadour Sarafian	Director	April 16, 2018
Assadour Sarafian
/s/ Miguel A. Pulido	Director	April 16, 2018
Miguel A. Pulido

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