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LEOM registration revoked:
https://www.sec.gov/litigation/admin/2019/34-87553.pdf
LEOM SEC Suspension for severely delinquent Financials:
https://www.sec.gov/litigation/suspensions/2019/34-86991.pdf
Order:
https://www.sec.gov/litigation/suspensions/2019/34-86991-o.pdf
Admin. Proceeding:
https://www.sec.gov/litigation/admin/2019/34-86990.pdf
Why doesn't this company have any social media accounts? And no visual updates.
Why is the stock price tanking if they have the worlds only electric boats?
Thank you for sharing
LEOM News Release: 05/30/18
Dr. Robert Kang, Chairman and CEO of Leo Group, Inc. (OTCQB: LEOM) recorded a video at the Planet MicroCap Showcase 2018 in Las Vegas, NV.
the following is the link...
insert-text-here
Leo Motors Inc (LEOM)’s AroonUp Indicator Showing Strong Momentum
Posted by Fisher Staff Writer on May 20, 2018 at 9:27 pm
Leo Motors Inc (LEOM) has popped on trader’s radar as the share momentum has climbed above the Aroon Down key level of 70.
The “Aroon Indicator” is a popular member of the “Oscillator” family of technical indicators. Tushar Chanda developed the Aroon Indicator in 1995 to help traders determine the strength of a trend and whether pricing behavior was favoring a trend or sideways action. Traders use the “Up and Down” indicator lines to judge the strength of a trend, as absolute values signify strength, but simultaneous changes reflect a market that has yet to make up its mind. The Aroon Up trend when it reaches above 70 indicates that the uptrend is gaining momentum. Conversely when the Aroon Down indicator climbs above 70, bearish momentum is building.
Diving into some additional numbers, presently, Leo Motors Inc (LEOM) has a 14-day Commodity Channel Index (CCI) of 20.37. The CCI technical indicator can be used to help determine if a stock is overbought or oversold. CCI may also be used to help discover divergences that could possibly signal reversal moves. A CCI closer to +100 may provide an overbought signal, and a CCI near -100 may offer an oversold signal.
Tracking other technical indicators, the 14-day RSI is presently standing at 55.22, the 7-day sits at 55.25, and the 3-day is resting at 35.78 for Leo Motors Inc (LEOM). The Relative Strength Index (RSI) is a highly popular technical indicator. The RSI is computed base on the speed and direction of a stock’s price movement. The RSI is considered to be an internal strength indicator, not to be confused with relative strength which is compared to other stocks and indices. The RSI value will always move between 0 and 100. One of the most popular time frames using RSI is the 14-day.
Moving averages have the ability to be used as a powerful indicator for technical stock analysis. Following multiple time frames using moving averages can help investors figure out where the stock has been and help determine where it may be possibly going. The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time. Currently, the 7-day moving average is sitting at 0.12.
Let’s take a further look at the Average Directional Index or ADX. The ADX measures the strength or weakness of a particular trend. Investors and traders may be looking to figure out if a stock is trending before employing a specific trading strategy. The ADX is typically used along with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) which point to the direction of the trend. The 14-day ADX for Leo Motors Inc (LEOM) is currently at 19.02. In general, and ADX value from 0-25 would represent an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would signify a very strong trend, and a value of 75-100 would point to an extremely strong trend.
On May 16, 2018, Leo Motors, Inc. (the “Company”) engaged Turner, Stone & Company, LLP (“Turner”) to serve as the Company’s independent registered public accounting firm, effective May 17, 2018.
https://marketexclusive.com/leo-motors-inc-otcmktsleom-files-an-8-k-changes-in-registrants-certifying-accountant-3/2018/05/
Any REASON why LEOM moved to .14?
I think over 5 years even longer is enough patience lol
Patience has its rewards... :0)
So over watching this go up then straight down again.
Come on Leo Motors let's do this!
Notification That Annual Report Will Be Submitted Late (nt 10-k)
Well, in reference to the "price drop," if you look at the trading data for 04-02-18, at 11:00:12, you will see that ONLY one trade, of 250 shares, took us to the low of .0721; CLEARLY, a stock manipulative trade.
These share prices mean nothing, at this time. The share price will, REALLY, mean something when this thing takes off on meaningful information. Until then, we should only see stock churning, as has been seen the entire time I've been holding. The only thing I can say is keep buying on the dips. OUR DAY WILL COME, if you REALLY know about our company, it's technology, and its progress in China, you know what's ahead. Let's just hope that the trajectory of the published progress continues with China. Once production starts, the game will finally be afoot. GLTA...
What is going on.. with this drop
Dang!P
I am looking forward to news, as well, however, we must keep in mind that, as has been noted in our (LEOM) prior filings, we have multiple strategic non-disclosure agreements, with almost all of our partners; as such, this filing is a "10K," covering ONLY last years' data.
BUT, as has been noted through third party information, specifically, the Chinese Xinhua News Agency, revealed information as to the Chinese Government's extensive evaluation of our technology, the Chinese Government's aroused and overwhelming approval of our technology, of the Chinese Government's contracts for MANDATED sales - throughout ALL of China - not just the Lanzhou New Area, and of the Chinese Government's land grants to the JV - for production plants, etc. We should have the "Brass Ring" in our grasp soon enough.
Additionally, as reported in the Korean Business News Agency, "Chosun," our newest partner - Selva Marine Nordic's CEO Kjell Hansson, stated that "This is the first time we have been to Korea. We wanted to see the technology and performance of LGM's electric power propulsion system directly, and by looking at it, I'm sure it will replace the market." This, coming from the CEO of Selva Marine, which "manufactures and supplies marine outboard engines (engines) and is the world's largest small and mid-sized marine engine company that leads the global market with Yamaha, Honda and Dohertz."
Both, of just these two sources, stated that the LEOM Family WILL be in production this year (2018), even though, WE as a company, have yet to release information to the same, assumably due to the NDAs. Little by little, we will be learning more and more, exceeding our expectations.
All I want to hear are the words "Production," "Sold Goods Delivered," and "Realized Revenue." Hearing those words,... and... I don't care if I don't hear them until later this year, as long as it is THIS YEAR, these, and ONLY these words will be what turns OUR Company into a revenue machine with an astounding share price. Again, GLTA...
Yes that's what I meant by tomorrow..
the meeting is today
News there after it we be nice to see the out come ??
Actually, the date of the meeting is today 3-30-18 @ 0900 (Korea-Time). As Leo Motors, the parent company, is in Korea, they are almost a day ahead of us; as such, the earliest we will get the filing is tomorrow (when it is 03-30-18 in the U.S.), either at the begining of the market day or at the end. GLTA...
Tomorrow is the day. Let's hope we get some news after the meeting.
Leo Motors Company Update:
Leo AIC (Leo Motor's subsidiary) has announced:
The convening of Leo AIC's third general shareholders' meeting as follows:
1. Date: 11 am on Thursday, March 29, 2018
2. Place: No. 3.5, No. 100, Pankyo-ro, Pangyo-ro, Bundang-gu, Seongnam-si, Gyeonggi-do
3. Meeting Purpose
end. A matter of wealth
Item 1: Approval of the third term (a: Jl7.01.0l. ~ 17.12.31.) Approval of financial statements
Proposal: Granting stock options...
LGM (Leo Motor's subsidiary) has announced the convening of LGM's 8th regular general meeting of shareholders as follows:
1. Date: 1:30 pm, Friday, March 30, 2018
2. Location: Suwon, Gyeonggi-do
3. Meeting Purpose
end. A matter of wealth
- Item 1: Approval of the 8th Balance Sheet and Income Statement
- Item 2: Approval of granting stock options...
Leo Motors (THE PARENT COMPANY) has announced the convening of the 12th regular general shareholders' meeting as follows .
1. Date and Time : 9:00 am, Friday, March 30, 2018
2. Venue : Suwon Gwonseon-gu industry beongil 155 228-50
3. Meeting Purpose
The first bill : the 12 group financial statements Approval
The second bill : Appointment of directors (being) Articles...
WHICH MEANS WE SHOULD BE GETTING THE 10K ON OR ABOUT THE 30TH OF MARCH - GLTA!!!
Positive development with N Korea should reflect on LEOM IMO!
New customers from Europe should bring LEOM price to the new highs ! And with IPO money we will trade way above dollar!
Leo Motors Inc. (OTCMKTS:LEOM), which develops, assembles and sells energy storage devices and electric vehicle (EV) components, surprised the market in August 2017. The market pushed up the share price from $0.10 to $0.15. To what did the market react? Have a look at the share price action before we give you all the details about this company and its recent developments.
Source
Business
Leo Motors, Inc.
Source
Leo Motors Inc. commenced its current business in September 2004. The company was founded on July 2, 1986, but it served different business purpose at that time. It owns a subsidiary in Korea that was founded on July 1, 2006. This subsidiary is used to do research and development on electric power generation, drive train and storage technologies. The following is a list of the products that we could find in the last 10-K:
•E-Box electric energy storage system for solar and wind power generation devices
• EV components that integrate electric batteries with electric motors, such as EV Controllers, which use a mini-computer to control torque drive.
Large amount of business transactions to acquire patents
The company has been growing inorganically since it merged with Leozone Inc., a South Korean Company, on November 12, 2007. The following is a list of the companies acquired:
•On February 11, 2010, the company acquired 50% of Leo B&T Corp., another Korean entity. It used 7,000,000 shares of the company’s common stock to finance the acquisition.
•On July 1, 2014, LGM Co. Ltd., which was another company headquartered in the Republic of Korea, was also bought. 47,352,450 shares were used to acquire this other business.
•On March 31, 2015, Leo Motors Factory 1, Leo Motors Factory 2 and Leo Trading were acquired (50% of the outstanding common stock). These three companies are subsidiaries of LEOM.
•On June 3, 2016, Leo AIC was purchased to acquire connected car and artificial intelligence assets.
•On March 8, 2017, 100% of Leo Members, Inc. (Factory 1 and 2, and Leo Trade) were acquired.
The following is a short list of the patents acquired and developed. We could count at total amount of 54 patents.
Registration date Registration number Name Country
2015.08.31 1550568 motor control system of boat Rep. of Korea
2015.04.27 1517017 battery cooling system and boat using it Rep. of Korea
2015.02.11 1494524 battery connection system Rep. of Korea
2014.11.11 1462575 REFRIGERATING APPARATUS FOR REFERIGERATING VEHICLE Rep. of Korea
2014.11.11 1462576 REFRIGERATING APPARATUS FOR REFERIGERATING VEHICLE Rep. of Korea
2013.01.25 1228434 Zinc-air fuel cell assembly for ocean Rep. of Korea
2013.01.25 1228435 Zinc-air fuel cell assembly for ocean Rep. of Korea
2012.4.17 1140345 Electric vehicle power development apparatus Rep. of Korea
2012.11.26 1206784 Zinc-air fuel cell system, and control method for the same Rep. of Korea
2012.10.05 1187829 Zinc-air fuel cell assembly having zinc oxide secession means Rep. of Korea
2012.10.05 1187866 Zinc-air fuel cell reaction cell structure Rep. of Korea
Source
Recent Developments
On August 7, 2017, the company announced that it had hired several underwriters for “a potential initial public offering (IPO)” of LGM Co., Ltd., which is a subsidiary of LEOM. LGM president, Jun Hee Won, was quoted:
“The Company is seeking to raise up to $50 million from the IPO, but that figure is still subject to approval from shareholders. We hope to list on the KOSDAQ [Korea Stock Exchange] by November 2018.” Source
In our opinion, if this transaction takes place, LEOM would obtain cash. Consequently, its common stock would be pushed up. We believe that the market reacted very well to this news. Have a look at the share price after the announcement:
Additionally, on August 16, 2017, the market got to know that a Memorandum of Understanding had been signed with Shanghai Bosster IMP & EXP Co., Ltd., which may become a non-exclusive distributor in China. In our opinion, the fact that new companies want to distribute the company’s products is very positive. It shows the recognition that LEOM has obtained in Asia. The following was said about this new partner:
“Shanghai Bosster, a boat propellant system provider with more than 300 dealers in China, will provide LGM’s electric propellant systems to the tourism authority of the Kalajun National Park in China. Kalajun Lake in the National Park is to be one of the 5A grade tourism destination, like the Tiananmen Square in Beijing.” Source
Regarding the filings received by the market. On August 1, 2017, the company made another investment. Two Hundred Sixty Million (260,000,000 KRW) South Korean Won (approximately $226,000 USD) were invested in Leo Kartrena, Inc., a South Korean corporation. 15.66% of this company is owned now by LEOM.
Conclusion
The company has shown significant amount of transactions in its business history. We need to see the company sell its products in China and the US, but the fact that other distributor companies are interested in the company’s products is a good sign. Finally, the most interesting thing that happened recently is the upcoming IPO of LGM Co., Ltd., which may bring cash to finance the future operations of the parent company. We need to be alert on how the underwriters perform, as the result of this transaction can move the share price quite a bit. To sum up, follow the next announcements closely.
Yes great read! TY
I've been loading for years just waiting !
I believe we will see this company become a big part of the industry for sure.
Good Read! LEOM http://www.leomotors.com/src/index.php?act=company&mid=010100
Agree!!! CEO is Brilliant! Technology is outstanding! They were missing distribution channels- that’s why I was waiting before I start buying! LEOM
I always said one day we will be the like Tesla ??
LEOM slowly became International Company! I will not be surprised to see them in USA in near Future! We should see LEOM Market Cap grow to a couple hundreds of $$$!
No Problem! Usually Stocks like this with low Volume are very “ boring “ but they give you really good profit with the patience! I think this Olympic Games give South Korea Companies very good exposure and LEOM benefits now by signing distribution Contracts with CO’s from China and Europe!
All great stuff!
Thank you for sharing.
I've been waiting for the day this takes off.
Many things in the pipeline!!
We should see Quarterly Report very soon! Maybe This week !?LEOM
LEOM Share Structure
Market Cap
19,287,276
02/16/2018
Authorized Shares
300,000,000
02/05/2018
Outstanding Shares
175,338,876
02/05/2018
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
Not Available
Float
95,584,913
04/05/2017
Par Value
No Par Value
LEOM continue to expend ! First China and now Europe ! This will definitely effect the bottom line!
Buying LEOM on the ASK! Very undervalued!
Great News! LEOM!
News Out January 30, 2018
LGM Partnered with Chinese Boat Maker and Dealer
Posted: Jan 30, 2018 4:18 AM EST
Updated: Jan 30, 2018 4:18 AM EST
LGM entered MOU with Boat Body Manufacturer and Boat Distributor in China
SEOUL, SOUTH KOREA / ACCESSWIRE / January 30, 2018 / LGM Co., Ltd., a subsidiary of Leo Motors Inc. (OTCQB: LEOM) has entered a Memorandum of Understanding (MOU) to partner with Beijing Beijing Bonna Yachting Co. Ltd. as electric boat distributor and Beijing Keyuan Light Aircraft Industrial Co., Ltd. as electric boat hull provider.
Beijing Bonna, an exclusive distributor of Honda’s internal combustion engine for boats and yachts in China. Beijing Keyuan has been manufacturing and providing conventional aluminum boats for public use in major lakes, rivers, and reservoirs in China. With this MOU, LGM is able to sell its electric propellant system using Keyuan’s hull through Bonna’s distribution channel. To protect the natural environment of the inland waters, the Chinese government does not issue operation licenses anymore to the boats using Internal Combustion Engines.
LGM successfully demonstrated the performance of its electric powertrain In the MOU signing ceremony. To see the performance, more than 40 governmental officers associated with electric boat procurement, certifying, licensing, inland water management and dealers attended. LGM is going to provide electric boats in reservoirs and national parks in Beijing and Zhejiang Province. Dr. Shi Chul Kang, chairman of LGM said, “After getting certifications in China, we expect that LGM will sell more than 100 units of electric propellant systems to the Chinese government in 2018.”
This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms “believes,” “belief,” “expects,” “intends,” “anticipates,” “will,” or “plans” to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the company’s reports and registration statements filed with the Securities and Exchange Commission.
For more information please call:
Princeton Research, Inc
Mike King
702 650 3000
SOURCE: Leo Motors Inc.
ReleaseID: 487310
Information contained on this page is provided by an independent third-party content provider. Frankly and this Station make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact pressreleases@franklyinc.com
Leo Motors, Inc. (OTCMKTS:LEOM)’s Shares Catching Attention of Investors
http://nlrnews.com/leo-motors-inc-otcmktsleoms-shares-catching-attention-of-investors/539274/
Leo Motors Inc. (OTCMKTS:LEOM) Aiming For A Comeback
The following is a short list of the patents acquired and developed. We could count at total amount of 54 patents. (See Link)
https://insiderfinancial.com/leo-motors-inc-otcmktsleom-aiming-for-a-comeback/170861/
It looks like subsidiary LEO AIC is progressing on the May 2017 lighting contract for "smart street lights." I found this article dated October 18, 2017.
Lanzhou District smart street lamp production projects
Published: 2017-10-18 10:33:14 Source: ?? ??
LEOAIC Co., Ltd. is a registered office of 17th and 6th floors, ES Tower, 52 Tehran Road, Gangnam-gu, Seoul, Republic of Korea. Legal representative: Jinyun, Job title: CEO and its business scope is in production, sales and installation. Smart Street Lights "and other board approved other products, there are no other restrictions. Registered capital of 40 million yuan. LEO AIC AG owns the smart street lamp and all the technologies related to IOT.
The total investment of 100 million yuan, covering 300 acres, the main construction equipment manufacturing plant, product technology research and development buildings and office buildings. Through establishing LEO-AIC smart street lamp research and manufacturing base in China-South Korea Industrial Park in Lanzhou New Area, a leading base for the popularization of smart street lamp and smart city technology in China, represented by Lanzhou, will be set up nationwide.
I HOPE SO TOO!
Happy New Year!
Looking forward to 2018.
Next 60-90 days should be very interesting LEOM imo..
glta.
hope the new year we see a move up on this one!
https://research2.fidelity.com/fidelity/html_fragments/eresearch/11.05/bl/companyResearchHighlights.asp?symbols=LEOM
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ES Tower 7F,
Teheranro 52 Gil 17
Seoul 06212
Korea, Republic Of
Market, Development and manufacturing of the electric vehicles, boats, and energy storage system
Market Value1 | $29,281,592 | a/o 02/20/2018 | |
Authorized Shares | 300,000,000 | a/o 02/05/2018 | |
Outstanding Shares | 175,338,876 | a/o 02/05/2018 | |
-Restricted | Not Available | ||
-Unrestricted | Not Available | ||
Held at DTC | Not Available | ||
Float | 95,584,913 | a/o 04/05/2017 |
|
Seoul, South Korea / ACCESSWIRE / July 22, 2014 / Leo Motors Inc. (OTCQB: LEOM) announced that its subsidiary LGM won the government subsidizing development project, titled Global High Tech Development/Industrial Convergence Promotion Project in the bidding. The project is subsidized by the Ministry of Trade, Industry and Energy, and is supervised by the Korean Evaluation Institute of Industrial Technology. Winning the bids, LGM will develop Electric Jet Ski and Certification System. LGM will be subsidized approx. $ 1.2 million for this project by the government. Using the government funds, LGM will develop electric propulsion systems for the Jet Ski, and will make a research report for certification guidelines for electric leisure boats. |
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Seoul, South Korea / ACCESSWIRE / July 15, 2014 / Leo Motors Inc. (OTCBB: LEOM) announced that its subsidiary LGM has won the government subsidizing development project, titled “Global High Tech Development/Industrial Convergence Promotion Project” in the bidding. The project is subsidized by the Ministry of Trade, Industry and Energy, and is supervised by the Korean Evaluation Institute of Industrial Technology. As a result of winning the bid, LGM will develop two axle electric propulsion systems for remote controllable bass boats, and their hull development. LGM will be subsidized approx. $1.2 million for this project by the government. |
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Seoul, South Korea / ACCESSWIRE / July 10, 2014 / Leo Motors, Inc ( OTCQB: LEOM ) signed a memorandum of understanding with Beijing Sanxing Automotive to establish a joint venture in China. Government owned Sanxing manufactures specialty trucks and vehicles. The joint venture will manufacture and market public vehicles such as electric buses, taxis and garbage trucks using advanced patented technology from Leo. For the joint venture company, Leo's Chinese partner has secured a manufacturing facility with about 400,000 square feet in Shan Hai guan, a harbor city located in the East of Beijing. The discussions of this joint venture have been ongoing since 2011. Sanxing has already chosen the body and chassis of existing vehicles which will be outfitted with the new power train developed by Leo. |
SEOUL, South Korea, Feb 14, 2013 (GLOBE NEWSWIRE via COMTEX) -- Leo Motors, Inc. (otcqb:LEOM) ("Leo Motors" or the "Company"), an electric supercar and electrical energy storage device maker, is pleased to announce that Jung Yong Lee, CEO of Leo Motors, has been selected by Fortune magazine as one of the 25 most powerful business leaders in Korea for 2013.
Business leaders considered for Fortune's list were evaluated on three aspects of business management, which were management philosophy and vision, state of business activity and communication, and economical and technical achievement. Leaders were selected from a cross section of Korean businesses, from major companies to growth-oriented enterprises.
Mr. Lee received recognition from Fortune at a ceremony held on February 6, 2013 at the Millennium Seoul Hilton. Other recipients of this year's honors include Ki Wee Choi, CEO of KB Kookmin Card Co., Ltd., Korea's largest credit card company, and Sean Newton, CEO of McDonalds Korea.
"It is a great honor to be recognized by Fortune as one of the most powerful business leaders in Korea," stated Mr. Lee. "Climate change and environmental pollution represent serious challenges, and Leo Motors is taking on those challenges by bringing to market a growing portfolio of advanced energy solutions. I take great pride in our work to develop technology that provides positive impact globally."
Jeong Youl Choi, vice-chairman of Leo Motors accepted the award on behalf of Mr. Lee, who was unable to attend the ceremony. The complete Fortune list of 25 business leaders selected can be found online at http://economy.hankooki.com/lpage/people/201302/e20130206173653120340.htm.
UPDATES UNDER THE RADAR AND OFF THE NEWSWIRES:
>>>LGM INCORPORATED (Merged) UNDER LEO MOTORS 6/3/13:
>>>SUBSIDIARY LGM CO. WORKING WITH KOREAN GOVERNMENT!:
http://en.wikipedia.org/wiki/Ministry_of_Land,_Infrastructure_and_Transport_(Korea)
^^^ Preceding agencies listed to the right on the wikipedia page
>>>LEO MOTORS HOLD 48 PATENTS!!!<<<
PRODUCTS:
e-Super Car - LZ-1
EV Power Trains
High Speed EVs
Leo has developed 60kW, 120kW, and 240kW power trains compatible for electric vehicles.
Low Speed EVs & E-Bikes
Leo's power trains are also used for LSV and E-Bikes.
Electric Bikes
Hilless Series
Eleven Series
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