Replies to post #2969 on TheTriangle

[Magnum7419]

Forget MD DD here is some new info.....on RM $LIBE

I got alot of this info from GRAS board......and for now it is pure speculation..........

"New NGen Muffler Technology Implemented On All 2019 Hyundai Motor Company Vehicles."


New NGen Muffler Technology Implemented On All 2019 Hyundai Motor Company Vehicles. Based on testing, it has been determined that the fuel savings are between 14 to 17 Percent with the New NGen Muffler installed. Most of the stock mufflers in cars result in a decrease of efficiency by 12 to 20 Percent, due to high back pressure caused by the complex paths of the exhaust gas to output similar to pushing and draining 12 liters of water resulting in increase of fuel consumption.

The New NGen Muffler system addresses this issue and has the following advantages:

SUMMARY OF ADVANTAGES:

Increase of in engine output efficiency (about 12- 20%).
Fuel savings due to improved fuel economy: 14-17%
Contributing to the improvement of Environment-friendly conditions by fuel saving.
Increased the acceleration power during driving.
Run smoothly in summer when the air conditioner operates.
High speed running at lower RPM than conventional systems.
OTHER POSSIBLE APPLICATIONS:

HEAVY-DUTY ENGINES, TRUCKS, HEAVY EQUIPMENT, FORKLIFTS, BOATS, MILITARY TANKS."
https://www.linkedin.com/in/michael-d-strizzi-75499442

https://www.linkedin.com/today/author/michael-d-strizzi-75499442


https://www.linkedin.com/pulse/ngen-new-muffler-technology-michael-d-strizzi/?trk=portfolio_article-card_title



Ngen Technologies Korea Ltd. (NKOR)

https://www.bloomberg.com/research//stocks/private/snapshot.asp?privcapId=549972027

Ngen Technologies Korea Ltd. researches, designs, and manufactures proprietary 3D mobile display module for the smart phones and other telecommunication original equipment manufacturers (OEMs). The company is based in South Korea. Ngen Technologies Korea Ltd. operates as a subsidiary of Ngen Technologies USA Corp.

Quote:
Ngen, through its’ wholly owned subsidiary Nkor, invents designs and develops innovative technologies and owns or licenses over 30 patents. Current products include state-of-art automotive muffler/silencer technologies and proprietary 3D mobile display module for smart phones and other telecommunication original equipment manufacturers. Ngen engages in the business of 3D technologies including automotive, mobile and display.

Quote:
A significant portion of the proceeds received from the above Carebourn LLC, Carebourn and More convertible notes were for the procurement of product for the partial delivery to a customer of the Company’s new state-of-art automotive muffler/silencer technology product.


Company acquires assets that generated $19 million of sales in 2017




https://www.otcmarkets.com/filing/html?id=12481987&guid=cbQIUKpyTA6ivZh


Greenfield Farms Food, Inc. Announces Signing of Asset Purchase Agreement




DALLAS, TX / ACCESSWIRE / January 18, 2018 / Greenfield Farms Food, Inc. ("GRAS" or the "Company") (OTC PINK: GRAS) today announced that on January 16, 2018, it closed an Asset Purchase Agreement and has acquired certain assets of Ngen Technologies USA Corp. (“NUSA”) and NUSA’s wholly owned subsidiary, Ngen Technologies Korea, LTD (“NKOR”). NKOR is in the business of research, design and manufacturing of proprietary 3D mobile display module for the smartphone and other telecom OEM’s. The 3D module once installed during the MCD or OLED manufacturing stage, allows the display of 3D content without the use of 3D glasses (the “NKOR Business”). NUSA and NKOR are entities controlled by our officers and directors.

The assets acquired as of the closing date of the Asset Purchase Agreement include the proprietary technology, manufacturing know-how, purchase orders, contracts, inventory, accounts receivable and fixed assets related to the NKOR Business, which generated approximately $19 million (unaudited) in revenues in 2017. To acquire the assets, GRAS issued a $7 million promissory note with a balloon payment due on January 16, 2022. The Note carries a 5% per annum interest rate, with interest payments due quarterly.

Dr. Jason Koo, CEO stated, “I am very excited to have acquired the mobile 3D technology business that Ngen has developed. The technology is well poised to capture opportunities in the mobile gaming, movie streaming and other consumer applications.” The acquisition of these assets brings immediate revenue into GRAS and combined with our unique automotive technology business, we anticipate significant revenue growth and profitability.”




"Ngen Technologies, Usa Corp Overview
Ngen Technologies, Usa Corp filed as a Domestic For-Profit Corporation in the State of Texas on Friday, January 9, 2015 and is approximately four years old, according to public records filed with Texas Secretary of State.

Sponsored D&B Reports Available for Ngen Technologies, Usa Corp
Known Addresses for Ngen Technologies, Usa Corp
5430 Lyndon B Johnson Fwy Dallas, TX 75240
1214 Eastern Heights Dr Mesquite, TX 75149


https://ngen-tech.com/

https://ngen-tech.com/biomedical-scanning-system/

https://ngen-tech.com/3d-mobile-displays/

https://ngen-tech.com/about/


https://bizstanding.com/p/ngen+technologies+inc-148575167

https://www.texas-register.com/0802132535-ngen-technologies-inc

https://www.corporationwiki.com/p/2gkth0/ngen-technologies-inc



NGEN TECHNOLOGIES INC
1214 Eastern Heights Dr, Mesquite, TX 75149

Company Profile
Doing business as:
Ngen Technologies USA, Corp
Ngen Technologies Inc

Registration:
Jan 9, 2015

State ID:
0802132535

Business type:
Domestic For-Profit Corporation

Members (2):
Carter F. Edward (Director)
Clifford M. Rhee (Director)

Agent:
Edward F Carter
1214 Eastern Heights Drive, Mesquite, TX 75149

TIN:
32056093191

[Magnum7419]

pay attention to what his says at 1:18-to the end
Quote Tweet

[Magnum7419]

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150674849

[Magnum7419]

https://ih.advfn.com/stock-market/USOTC/liberated-energy-inc-LIBE/stock-news/80738729/current-report-filing-8-k#FORM8-K_HTM_A_001

[Magnum7419]

Let me recap for newbies what my "speculation" is on NGen.

First of all it was just plain dumb luck that NGen bought the LIBE shell from Brian Conway. IMHO

NGen started around 2005 as a technology company in South Korea. It was a private company that was run by Mr Rhee and Mr Carter. It created several other companies as a result of their technology. Now they have 12 engineers developing amaz'ing products in different sectors. The Company has an office in Texas but t'he technology is born in Canada, Taiwan and South Korea IMHO....

This is what I find compelling about NGen...they are a silent partner in a way with OEM's. So IM"HO it will be hard to find a product stamped wi'th NGen on it.

I have owned start up stocks that use shells similar to LIBE and I am sure most here felt NGenn must be a start up with nothing but a dream.
Well that incorrect, NGen is a superior company that has already proven themselves...and developed products,branded products,patent pending etc.
IMHO
IMHO NGen will be a monster revenue generating machine if I understand the Super 8k we all got this past week.https://ih.advfn.com/stock-market/USOTC/liberated-energy-inc-LIBE/stock-news/80738729/current-report-filing-8-k

Distractors will say "Why go public and use convertible debt ?"

Great question and I" dont know.......sort of.........

About a month ago I found a post on the GRAS c'hat room that 'showed the mufflers and inferred Hunydai was the buyer......

Everyone said BS........but I found a third party who spoke to the author and verified it was for real but the deal fell thru due to "factoring"........
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"Factoring (finance) Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. A business will sometimes factor its receivable assets to meet its present and immediate cash needs"
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Thus for unk reasons NGen chose GRAS to become a public entity.....but as "our luck" would have it......GRAS got suspended by the SEC.

Ngen had already struck a deal "IMHO" with Carbourn lending to' finance the next order of mufflers...thru GRAS..

This is where luck falls in Brian Conways lap (CEO of LIBE) IMHO

Carbourn also loans money to LIBE and LIBE is trying to sell its shell to a Vape Company who cant finish the deal (audit) or simply is overwhelmed with the process and wants t'o back o'ut......

Brian is forced to do a 25000 to one R/S to pay off debts....but

then Carbourn sees the answer to NGEN'and LIBE and his loan issues could all be resolved........so

they unwind the NGEN GRAS deal , cancell the R/S and redo a deal with NGen and LIBe.......

Why this happened I have n'o Idea but to say ty.......

Ngen will be the stock of the year IMHO..........

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The above is an opinion o'f mine and no' one should buy or sell stocks based on my delusioonal thoughts......
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