InvestorsHub Logo

Jerry1956

09/18/19 4:24 PM

#75516 RE: Castratrix #75502

I would have to agree with that. Let's roll LIBE.

Magnum7419

09/18/19 4:26 PM

#75517 RE: Castratrix #75502

Overview of Business of Ngen



Ngen is engaged in the business of automotive technology, biomedical technology, and glasses free 3D display technology. Through its wholly-owned subsidiary Ngen Technologies Korea Ltd (“Ngen Korea”), Ngen currently designs, develops, and sells technology that enables glasses free 3D display for use in smartphones, televisions, and tablets, which we refer to collectively as its “Glasses Free 3D Technologies.” Ngen also designs, develops, and sells automotive technologies, and has developed a silencer/muffler system that enables greater fuel efficiency for automobiles. Through its holdings in Emotek Corporation, a Taiwan based company (“Emotek”) that is jointly-owned with Egismos Technologies Corporation, a manufacturer of laser-based light sources (“Egismos Technologies”), Ngen is also seeking to introduce innovative biomedical products, including a tumor detection scanner using laser and Micro-Electro-Mechanical Systems (MEMS).



Ngen Korea was formed on July 3, 2015 as a wholly-owned subsidiary of Ngen, and is responsible for the Glasses Free 3D Technologies and automotive segments of Ngen’s business.



Emotek is a privately held company, and is a joint venture between Ngen and Egismos Technologies. Egismos Technologies’ mission is primarily to develop tumor detection scanner which will be handheld and used for home use. Ngen and Egismos Technologies are 50/50 owners of Emotek.