$EXTO conducts its business through its wholly owned subsidiary Shats International Holdings, Inc. and its business model is centered around an array of subsidiary acquisitions with its primary focus identify strategic growth companies, intellectual properties, and assets within the US and abroad that will bring significantly enhanced valuation to its shareholders through a vast and diverse field of industries. Shats acquired the exclusive rights to US Patent # 6,188,185 B1, Process for Manufacturing a Neon Tube, and Related Low Temperature Lighting System. This technology will be housed in a newly formed subsidiary named Shats Lighting Solutions and engaged Mr. Artak Ter-Hovhannisian as a consultant to the company in order to facilitate the rollout and commercialization of this exciting cold cathode tube technology.
The addition of Mr. Ter-Hovhannisian, brings a seasoned and high caliber technology industry executive to the company. Mr. Ter-Hovhannisian is the inventor of a range of patents that can be commercialized through the new Shats subsidiary as well. http://www.shatsholdings.com/