www.leomotors.com 291-1, Hasangok-dong, Hanam City, Gyeonggi-do, Korea (465-250)
LEO MOTORS INC.
[email protected] T:+82 31 796 8870, F:+82 31 796 8874.
Leo Motors is a public U.S. company based outside of Seoul, Korea. It engages in the development, manufacture, and sale of Electric Vehicle (EV) Power Trains and components. Leo Motors has developed many original EV power trains and has converted many models of existing internal combustion engine (ICE) vehicles into EVs, including scooters, motorcycles, highway speed sedans, buses and trucks. Leo Motors has also developed a proprietary Zinc Air Fuel Cell Generator (ZAFCG), which will free EVs from range limit with zero emission.
LEOM OTCQB Security Details http://www.otcmarkets.com/stock/LEOM/profile
| || Market Value1 ||$45,115,524 ||a/o Jun 05, 2015 |
| ||Authorized Shares ||200,000,000 ||a/o May 20, 2015 |
| ||Outstanding Shares ||157,196,947 ||a/o May 20, 2015 |
| ||-Restricted ||Not Available |
| ||-Unrestricted ||Not Available |
| ||Held at DTC ||Not Available |
| ||Float ||63,777,924 ||a/o May 20, 2015 | LEO MOTORS, INC. (USOTC: LEOM)
Leo Motors Acquires Three Automotive Businesses [ACCESSWIRE]
SEOUL, SOUTH KOREA / ACCESSWIRE / April 6, 2015 / Leo Motors Inc. (OTCBB:LEOM) announces the acquisition of three specialty automotive companies; Leo Motors Factory I, Leo Motors Factory II, and Erum Motors. The acquisitions were accomplished under very favorable terms.
Leo Motors Factory I and Leo Motors Factory II are "high end" maintenance facilities equipped and staffed to specialize in repairing hand-made luxury cars including Ferrari, Lamborghini, Bentley, Porsche, and Rolls Royce. Erum Motors is an exclusive dealership known for and specializing in trading luxury cars. Each of the three companies bring Leo successful revenue production which will hereafter be consolidated into the revenue statements of Leo Motors.
A significant objective of these acquisitions is for Leo Motors to establish Korea's first "Electric Vehicle Repair Shop" designed to maintain and repair Hybrid cars as well as pure electric cars to fulfill the growing needs of the large auto makers and "green" consumers. Leo Motors also intends to add major electric vehicle dealerships to the Erum Motors lineup.
Dr. Kang, the CEO of Leo Motors said, "these acquisitions will not only provide Leo Motors with fundamental profit generation but foundations for future complementary profit centers."
Leo Signed MOU for Joint Venture in Japan
| || |
- 2014.12.24 10:01
Leo Motors Inc. (OTCBB: LEOM) announced that it signed the Memorandum of Understanding with Eco Holdings, leading solar energy company in Japan to establish a joint venture company in Japan.
The joint venture will manufacture and market electric fishing boats and energy storage systems in Japan. Signing the MOU, both companies are doing their best in developing electric fishing boats suitable to the Japanese fishing industry.
LEOM Takes International Lead in Electrical Safety Technology
| || |
- 2014.09.30 09:33
Seoul, South Korea /Sept 29, 2014 / Leo Motors Inc. (OTCBB: LEOM) has acquired global exclusivity of the breakthrough Short Circuit Prevention (SCP), and Electromagnetic Interception (EI) Technologies. The exclusivity covers all SCP and EI applications for cars and boats as well as a proprietary Electric Boat energy storage system.
The patented SCP and EI technologies were invented by TPT Co., Ltd. in Korea. TPT challenges the leadership in the electric device market by developing ultra-light, high power, higher efficiency LED lamps. It received the Gold Prize with the SCP technology in 2013 Excellent Patent Technology Awards hosted by the government agencies including Korean Intellectual Property Office (KIPO) and Korea Invention Promotion Association (KIPA).
This new technology enables LEOM to be the first company in the world offering water friendly EV and E-Boats. EI technology also protects passengers from electromagnetic radiation in EV’s and E-Boats.
The dynamic and growing demand for electric and hybrid electric vehicles is creating proliferation of batteries in excess of 300 Volts. Users of such cars are exposed to the potential of fatal electric shock accidents. E-boat power systems have traditionally presented electric shock hazards because of the proximity of water. The new technologies eliminate such dangers
Hybrid and electric cars may be carcinogenic based on emission of extremely low frequency (ELF), electromagnetic radiation (EMR), or magnetic fields. Recent studies of such emissions do not agree on occupant risk or safety. The SCP and EI technology and Leo’s power systems eliminate both short circuits and emission of electromagnetic radiation.
Dr. Shi Chul Kang, CEO of Leo Motors, said, “Leo now makes the safest electric power system ensuring that operators and passengers are free from both electric shock and electromagnetic radiation. We will endeavor to make SCP and EI requirements for licensing EV’s and E-Boats to prevent electric power system injuries or death.” Dr. Kang added, “Leo Motors stands ready to facilitate utilization and implementation of these technologies by the automotive and marine manufacturers of the world.
LGM Wins Electric Jet Ski Project Subsidized by the Korean Government
| || |
- 2014.07.23 17:14
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.
|LGM Wins $1.2 million Government Subsidizing Project from the Bid |
| || |
- 2014.07.16 16:03
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.
( LEOM ) Leo Motors Signs MOU for Factory in China
| || |
- 2014.07.11 05:31
8k ON NOV. 7. 13 >>>
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.
On November 4, 2013, Leo Motors, Inc. (the “Company”) appointed Dr. Shi Chul (Robert) Kang as its Co-Chief Executive Officer and to serve as Co-Chairman of its Board of Directors.
Dr. Kang holds a Ph. D. degree in marketing and has worked in international advertising and corporate marketing areas for more than 30 years. He began his career at Oricom, the largest advertising agency in Korea and a McCann Ericson affiliate. He founded Ad Express and On&Off and managed the firms for 11 years. He served as president of Pico North Asian, a multinational global event marketing company in Hong Kong. Dr. Kang previously served as the Company’s CEO and interim CFO from 2008 to 2011. Currently, he is working as the chairman of Talent Donation Consultant Association and Head Professor of Business Consultant Starter School of the City Government of Seoul. Dr. Kang will focus on business development and financing of Leo Motors. Dr. Kang received his BS in literature from Korea University, his MA in advertising from University of Oregon, and his Ph. D. in marketing from Dongguk University in Korea.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SEVERAL RECENT EVENTS NOT RELEASED WITH PR~ See Below
Fortune Names Leo Motors CEO to Its Most Powerful Business Leaders in Korea List
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!:
^^^ Preceding agencies listed to the right on the wikipedia page
>>>LEO MOTORS HOLD 48 PATENTS!!!<<<
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.
With the goal of creating the fastest electric bike in the world, we developed a high speed motorcycle branded "Eleven." Eleven is a shortened form of "Electric Heaven" with the number 11 itself resembling the shape of an electric outlet. Power Pack BMS We've developed our own state of art Battery Management System ("BMS"). World Box
The World Box is a 1, 3, or 5kW of high density electricity storage for office, home, and power utility for solar/wind powered buildings. Range Extender ZAFC (Zinc Air Fuel Cell)
Tiny zinc balls in the ZAFC power pack will supply electricity to the battery. When driving long distances there will be zero emission and gas, vehicle weight will be lighter, and energy efficiency will be increased. Moreover, ZAFC power pack will be more cost-efficient than engine and the cost of zinc balls are very reasonable as well because the sludge from ZAFC power pack (oxidized zinc balls) are common elements found in digital equipments. Engine Generator
The 15kW BLDC motor generator developed by Leo charges the 60kW power train. This system is currently being tested in a 1 ton carrying capacity truck, which are the most common types of trucks used around the world. After rigorous tests and receiving official test certificates, we will market them to auto makers throughout the world. EV Packaging Services
Leo can convert any vehicles into EV by using its power trains and conversion parts. Conversion Solution-Buses & Trucks
Conversion service is currently available on order basis