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
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"Grow Revenues from Existing Clients"
"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/liber..._HTM_A_005
Please and realize some of those * deserve individual attention IMHO
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
"Grow Revenues from Existing Clients"
"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/liber..._HTM_A_005
