"Ngen currently has purchase orders with (i) a manufacturer of televisions*, smartphones*, and tablets* for its 3D Mobile Displays and 3D TV Modules; and (ii) a manufacturer of automobiles for its silencer/mufflers
Ngen operates under an original equipment manufacturer (OEM) structure. *
Current contract calls for 150,000 mufflers to be manufactured every 90 days thru to mid summer 2020 :)
"Ngen Korea plans to design, manufacture and sell 3D enabled mobile communication (Smartphones) and electronic devices (PDAs) under OEM/ODM structure. Ngen Korea plans to manufacture and sell under major handset manufacturers such as Samsung models and ZTE line up of Smartphones. Through the Company’s facilities, Ngen Korea continues to develop new and innovative applications of Ngen Korea’s glasses free 3D technologies for mobile phones, PDAs and electronic advertising devices with an expanding commercial market appeal. Ngen Korea’s proprietary IP and products such as 3D film and algorithm will be closely guarded and protected through multi-layer encryption and controls."
Ngen Technologies Delivers First 225,000 Units of Its 3D Without Glasses TV Module October 09, 2019 11:42 AM Eastern Daylight Time DALLAS--(BUSINESS WIRE)--Liberated Solutions, Inc. (OTC PINK: LIBE), doing business as Ngen Technologies USA Corp (“Ngen Technologies”), is in the business of research, design and manufacturing of proprietary 3D mobile display modules for smartphones and other telecom OEMs. The 3D module, once installed during the MCD or OLED manufacturing stage, allows the display of 3D content without the use of 3D glasses.
Ngen Technologies is pleased to announce that it has received delivery confirmation on the first 225,000 units of its 3D film and module chipsets for 3D viewing without glasses for TVs. As a result, Ngen Technologies has recorded revenues for this delivery of over $10,000,000 in the third quarter of 2019, and anticipates ongoing shipments of its 3D technology to its distribution networks.
Ed Carter, Liberated Solutions’ CEO, stated, “We are very proud of our entire team that has worked diligently over the past several years to make this shipment happen. Many have attempted the challenge of 3D viewing without glasses and we are excited to be the company to deliver the technology to the marketplace for the Christmas shopping season.”
For more information please visit www.ngen-tech.com. "
"The Company generates revenues from one geographic area, consisting of Korea. The following enterprise-wide disclosure is prepared on a basis consistent with the preparation of the consolidated financial statements: Six Months Ended June 30, Three Months Ended June 30, 2019 2018 2019 2018 Korea Net sales $ 7,776,830 $ 9,624,790 $ 3,860,253 $ 5,298,386"
Consolidated Financial Statements As of and for the years ended December 31, 2018 and 2017 with Report of Independent Registered Public Accounting Firm
22.1 “NGEN” and “Samsung” shall not disclose to third parties confidential information on the other party’s technology or business obtained during the performance of this Agreement or individual agreements without the other party’s consent for 5 years after the termination of this Agreement as well as during the term of this Agreement.
$LIBE 100% profit in 24hrs :) on an empty shell is a wonderful ride indeed IMHO
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"........ xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx "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" xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx 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..........
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx The above is an opinion o'f mine and no' one should buy or sell stocks based on my delusioonal thoughts...... xxxxxxxxxxxxx xxxxxxxxxxxxxx
"Thanks, excellent DD! So, yes, he sees value in LIBE’s future and ability to covert to get repaid"
Thanks for your opinion. It does make "cents" for all of us when one thinks clearly and realizes that the Lender paid off Portland for Brian obviously because Brian could then (Feb) show value and more importantly still show future value in LIBE in a "no bid" environment which means lender cant convert IMHO
Still high risk at .0001 (lol)...........
Lets see if the gamblers agree and begin to buy again !!!!
No one should buy or sell any stock based on my opinions :)
xxxxxxxxxxxxxxxxxxx
The below comments came from the "Super 8k" and each * has been highlighted in RED to show' individual future growth or value for NGen.
Please and realize some of those * deserve individual attention IMHO
"We intend to pursue new contracts with automotive manufactures, electronics companies, major truck delivery companies* and governmental agencies. "
Through its wholly-owned *subsidiary Ngen Korea
The market for Glasses Free 3D Technologies for mobile devices is based on the number of smartphones in our initial target countries of China* and North America
The major geographic markets Ngen is targeting for its automotive products are North America*, Europe* and South Korea.*
. We believe all women from the privacy of their homes would have use for these scanners purchased through their local retail drug store.*
Ngen operates under an original equipment manufacturer (OEM) structure. *
When Ngen receives a purchase order from a client, Ngen supplies its relevant OEM partner with the specifications of the product, which the OEM manufactures and sends to the client in the amount specified under the purchase order. Ngen does not have a standard purchase order form,* as clients generally dictate the terms of the purchase orders.
the Company expects to derive 30% gross profit margin* on average for all 3D-related products of Ngen.
Ngen sells its silencer/mufflers for $75 USD, which nets the company an average profit margin* of 14.61%.
Ngen utilizes OEMs, which source their own materials* for the manufacturing of Ngen’s products, and then send the finished products on to the client.
Ngen currently has purchase orders with (i) a manufacturer of televisions*, smartphones*, and tablets* for its 3D Mobile Displays and 3D TV Modules; and (ii) a manufacturer of automobiles for its silencer/mufflers.*
Ngen has filed patents in relation to its Glasses Free 3D Technologies and its silencer/muffler technologies. A summary of these patents is below.
Filed Number Title Status May 2010 7719770 3-DIMENSIONAL VIDEO DISPLAY DEVICE USING A SINGLE IMAGE SOURCE FOR BACKGROUND IMAGE AND OBJECT IMAGE DISPLAY Issued
October 2011* 8040617 A 3-DIMENSIONAL IMAGE DISPLAY DEVICE HAVING WIDE VIEWING ANGLES USING FRESNEL LENSES *IS DISCLOSED Issued
December 2017 62/608,047 IMPLEMENTATION OF THE LOW-PRESSURE MUFFLER AND ELECTRIC POWER GENERATOR USING LOW-PRESSURE MUFFLER’S ROATION FORCE FOR INTERNAL COMBUSTION ENGINE Pending
We intend to furnish our shareholders annual reports containing financial statements audited* by our independent registered public accounting firm
The Company’s engineers continue to seek to expand *their technology skills, acquiring new certifications and keeping themselves up-to-date with emerging new technologies*
Ngen has developed a tumor detection scanner using the MEMS system.*
Our Common Stock is currently quoted on the Pink Sheets of the OTC Marketplace under the symbol of “LIBE”, and, until our Common Stock is listed on a national securities exchange*
Emotek’s headquarters are located at 51F, No 21, Ln583, Ruiguang Rd, Neihu District, Taipei City. This facility is our joint partner Egismos Technologies’ facility. We are not party to any agreements in relation to this facility, and we do not pay any or compensate Egismos Technologies for use of this facility.*
On September 16, 2019 pursuant to the Closing of the Exchange Agreement, Ngen became our wholly-owned subsidiary. As a result of this acquisition, we acquired the business of Ngen and will continue the existing business operations of Ngen as a publicly-traded company under the name Liberated Solutions, Inc. As the result of the Exchange Agreement and the change in business and operations of the Company, a discussion of the past financial results of the Company is not pertinent,* and under applicable accounting principles the historical financial results of Ngen, the accounting acquirer, prior to the Closing of the Exchange Agreement are considered the historical financial results of the Company.
Ngen’s mission is to be the leader in glasses free 3D display technologies and become the first* to manufacture, distribute and market commercial and consumer driven glasses free 3D display technologies. Ngen has invested significant resources and currently in preparation to introduce the following product to the market: Glasses Free 3D Mobile Display
Through its wholly-owned subsidiary Ngen Technologies Korea Ltd (“Ngen Korea”), the Ngen Korea currently designs, manufactures and sell 3D enabled mobile communication (Smartphones) and electronic devices (PDAs) under OEM/ODM structure. Ngen Korea’s strategy is to manufacture and sell under major global handset manufacturers.* Ngen Korea’s proprietary IP and products such as 3D film and algorithm will be closely guarded and protected through multi-layer encryption and controls. https://ih.advfn.com/stock-market/USOTC/liberated-energy-inc-LIBE/stock-news/80738729/current-report-filing-8-k#FORM8-K_HTM_A_005
No one should buy or sell any stocks based on my comments !!!
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