Hyundai Motor (PK) News - HYMLY

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

NGEN buying out Brian and $LIBE

... upside is still ???

".0006 is a more likely high end exit point than the break even at .0023."

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"Greenfield and NGEN shall unwind the NGEN-Greenfield Transaction"

"Liberated and the NGEN Shareholders shall thereafter undertake a share exchange agreement, pursuant to which the NGEN Shareholders shall exchange 100% of the equity interests in NGEN, which shall be transferred to Liberated, in exchange for the issuance to the NGEN Shareholders all shares of Series A Preferred Stock of Liberated (the “Share Exchange”)."

"Subject to the satisfaction of such conditions, it is expected that the Transactions will close on or before August 30, 2019 (the “Closing Date”)."

https://ih.advfn.com/stock-market/USOTC/liberated-energy-inc-LIBE/stock-news/80495819/current-report-filing-8-k

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"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.
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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

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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.”

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"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

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