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Last Post: 11/18/2019 9:32:55 AM - Followers: 30 - Board type: Free - Posts Today: 0


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


LEOM OTCQB Security Details http://www.otcmarkets.com/stock/LEOM/profile
   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
LGM Partnered with Chinese Boat Maker and Dealer Press Release | 01/30/2018

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.

LGM Goes to Europe Press Release | 02/20/2018

LGM Partnered with a Boat Distributor in Europe

SEOUL, SOUTH KOREA / ACCESSWIRE / February 20, 2018 / LGM Co., Ltd., a subsidiary of Leo Motors Inc. (OTCQB: LEOM) has entered an agreement to form a partnership with Selva Marine Nordic, a boat manufacturer and distributor, to develop the electric boat market in Europe.

LGM will distribute its onboard and outboard electric propellant systems ranging 40~700 horsepower through Selva's distribution channel. Both companies will cooperate to convert fossil fuel cruise boats to electric in rivers and lakes near European cities.

Mr. Jun Hee Won, CEO of LGM said that LGM's cartridge battery swap system is the most crucial application for the sustainable operation of cruise boats as they do not have time to recharge their batteries during operation. Dr. Shi Chul Kang, chairman of LGM said, "This engagement will open the Europe market to LGM as we have a strong partner with distribution and maintenance channel relationships in Europe."

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.


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.





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
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


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.


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.

Leo Motors Acquires Three Automotive Businesses


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
    HIT 231

 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
    HIT 157

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
    HIT 149
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
    HIT 179
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
    HIT 146
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.

8k ON NOV. 7. 13 >>>
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.


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.




^^^ Preceding agencies listed to the right on the wikipedia page










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


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


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




#986   LEOM registration revoked: Renee 11/18/19 09:32:55 AM
#985   LEOM SEC Suspension for severely delinquent Financials: Renee 09/18/19 09:38:27 AM
#984   Why doesn't this company have any social media kingxeno 07/25/18 12:32:21 PM
#983   Why is the stock price tanking if they IPO$ 07/07/18 12:11:35 PM
#982   Thank you for sharing :-) MsCoffeenut333 05/31/18 01:38:33 PM
#981   LEOM News Release: 05/30/18 theenightowl 05/30/18 04:41:37 PM
#980   Leo Motors Inc (LEOM)’s AroonUp Indicator Showing Strong MsCoffeenut333 05/24/18 06:37:01 PM
#979   On May 16, 2018, Leo Motors, Inc. (the MsCoffeenut333 05/24/18 06:35:29 PM
#978   LEOM is alive! Let’s go! stock777777 05/21/18 10:48:47 AM
#977   Any REASON why LEOM moved to .14? Chaka 04/29/18 06:08:58 AM
#976   I think over 5 years even longer is MsCoffeenut333 04/27/18 06:23:16 PM
#975   Patience has its rewards... :0) theenightowl 04/27/18 04:50:17 PM
#974   So over watching this go up then straight MsCoffeenut333 04/27/18 11:51:54 AM
#973   Good Morning what do you think. https://presstelegraph.com/can-leo-motors-inco MsCoffeenut333 04/15/18 08:01:32 AM
#972   Notification That Annual Report Will Be Submitted Late MsCoffeenut333 04/03/18 06:22:29 PM
#971   Well, in reference to the "price drop," if theenightowl 04/03/18 10:05:10 AM
#970   What is going on.. with this drop Dang!P MsCoffeenut333 04/02/18 04:39:55 PM
#969   I am looking forward to news, as well, theenightowl 03/29/18 11:07:35 AM
#968   Yes that's what I meant by tomorrow.. the MsCoffeenut333 03/29/18 10:17:25 AM
#967   Actually, the date of the meeting is today theenightowl 03/29/18 10:13:42 AM
#966   Tomorrow is the day. Let's hope we get MsCoffeenut333 03/28/18 08:39:18 AM
#965   Leo Motors Company Update: theenightowl 03/15/18 11:17:33 AM
#964   Positive development with N Korea should reflect on stock777777 03/09/18 08:22:04 AM
#963   LEOM !!! stock777777 03/02/18 03:29:01 PM
#962   New customers from Europe should bring LEOM price stock777777 03/01/18 10:45:53 AM
#961   Good Morning LEOM ! stock777777 02/28/18 08:15:57 AM
#960   Leo Motors Inc. (OTCMKTS:LEOM), which develops, assembles and stock777777 02/24/18 10:19:51 AM
#959   Q Report - Where are You?! LEOM stock777777 02/22/18 08:38:46 AM
#958   Yes great read! TY I've been loading for years MsCoffeenut333 02/21/18 08:42:11 AM
#957   Good Read! LEOM http://www.leomotors.com/src/index.php?act=company&mid=010100 stock777777 02/21/18 08:34:59 AM
#956   Agree!!! CEO is Brilliant! Technology is outstanding! They stock777777 02/21/18 08:28:07 AM
#955   I always said one day we will be MsCoffeenut333 02/21/18 08:25:19 AM
#954   LEOM slowly became International Company! I will not stock777777 02/21/18 08:22:09 AM
#953   No Problem! Usually Stocks like this with low stock777777 02/21/18 08:14:46 AM
#952   All great stuff! Thank you for sharing. I've been waiting MsCoffeenut333 02/20/18 05:28:20 PM
#951   We should see Quarterly Report very soon! Maybe stock777777 02/20/18 04:15:20 PM
#950   LEOM Share Structure stock777777 02/20/18 02:20:24 PM
#949   LEOM continue to expend ! First China stock777777 02/20/18 02:17:05 PM
#948   Buying LEOM on the ASK! Very undervalued! stock777777 02/20/18 01:09:28 PM
#947   Great News! LEOM! stock777777 02/20/18 11:48:12 AM
#946   NEWS OUT! Chaka 02/20/18 05:45:06 AM
#945   Will be buying on the dips! LEOM stock777777 02/14/18 08:40:49 AM
#944   News Out January 30, 2018 singapore703 01/30/18 02:31:41 PM
#943   LEOM Shorts Decrease https://bzweekly.com/2018/01/23/leo-motors-incorporated-o MsCoffeenut333 01/23/18 08:25:30 PM
#942   Leo Motors, Inc. (OTCMKTS:LEOM)’s Shares Catching Attention of Investors MsCoffeenut333 01/23/18 07:56:08 PM
#941   Leo Motors Inc. (OTCMKTS:LEOM) Aiming For A Comeback MsCoffeenut333 01/23/18 07:52:52 PM
#940   It looks like subsidiary LEO AIC is progressing singapore703 01/11/18 01:22:03 PM
#939   I HOPE SO TOO! Chaka 12/29/17 07:15:58 PM
#938   hope the new year we see a move MsCoffeenut333 12/27/17 02:05:49 PM
#937   NEWS OUT! Chaka 10/17/17 05:05:29 AM