Jan 9, 2013 4:38 AM PST
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OTC BB: LTCH Stock Quote
| Last Trade: | 0.125 | Day's Range: | 0.125 - 0.125 | |
| Trade Time: | 11:19am | 52wk Range: | 0.048 - 1.15 | |
| Change: | 0.00 (0.00%) | Volume: | 100 | |
| Prev Close: | 0.125 | Avg Vol (3m): | 49,518 | |
| Open: | 0.125 | Market Cap: | 6.2M | |
| Bid: | N/A x N/A | P/E (ttm): | N/A | |
| Ask: | N/A x N/A | EPS (ttm): | -0.004 | |
| 1y Target Est: | N/A | Div & Yield: | 0.00 (N/A) |
OTC BB: LTCH Overview - Company Website
LifeTech Industries, Inc. is a development-stage company. On April 30, 2012, the Company entered into a Joint Venture Agreement, a Distribution Agreement, and a Technology License Agreement (the "Agreements") with Leadwill Corporation, a Japanese corporation (the "Manufacturer"). Pursuant to the Joint Venture Agreement, LifeTech acquired the global exclusive right (excluding Japan) to make, use, sell and otherwise distribute all of the Manufacturer's AWG products and technologies. In addition, the Company has the exclusive right to assign, sublicense, or otherwise subcontract the distribution and marketing rights to third parties. LifeTech was also granted an exclusive license to any and all of the Manufacturer's patents, trademarks, and all other intellectual property related to AWG products and has the exclusive right to assign, sublicense, or otherwise transfer these rights to third parties. LifeTech will receive the Manufacturer's AWG products at the price of twelve percent (12%) above wholesale costs for such products. One such product is the AirWell System. The Company's business plan is to market and distribute AirWell air to water generation systems and license the technology and corresponding distribution rights to third parties worldwide.
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