Armor Electric, Inc. (ARME/ARME.PK) Wrap Up:

Armor Electric, Inc. engages in the development of distribution rights to electric vehicle and electric propulsion systems in the United States. It owns rights to technologies for the production of electronic propulsion and battery power systems for electric powered vehicles. Armor Electric, through an agreement with NuAge Electric, Inc., holds the rights for the use of certain proprietary technology to install electric propulsion systems on various electric powered vehicles, including mountain bikes, regular cycles, children’s cycle toys and riding vehicles, recreation ATV units, scooters, motorcycles, go-karts, Neighborhood Electric Vehicle cars, race cars, regular passenger cars, buses, and other types of two and three wheeled vehicles, water craft, and other vehicles and products. Armor Electric, Inc. was formerly known as Armor Enterprises, Inc. The company was incorporated in 1998 and is based in Solana Beach, California.