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Leo Motors, Inc. Files Annual Report


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NEW YORK, April 3, 2009: Leo Motors, Inc. (OTC: LEOM), announced today that it has filed its Form 10KSB with the SEC.

This is the company’s first annual report as a reporting issuer. The report contains Leo Motors’ business strategy for its Electric Vehicle (EV) and EV component business and goals for 2009.

Some highlights and goals of the Company over the next twelve months include:

  • Manufacture and sale of its electric taxis.
  • The Production and Sale of electric motorcycles, SUV’s, Resort Buses, compact cars and reverse tricycle scooters during this year.

In addition to the Company’s already robust engine and battery solutions; Leo Motors plans to complete the development of it’s a new proprietary Copper Plate Multi Motor System and a Refuelable Zinc Air Fuel Cell during 2009.

The company believes these technologies to be revolutionary and beneficial to the industry overall.

“Leo Motors has made significant progress in the past two years. We have developed seven different models of Electric Vehicles and developed new technological solutions and methods to make EV’s workable in today’s transportation systems globally.” said Robert Kang, PhD, the Company’s Chairman and Chief Executive Officer.

“We have a commitment to continuing our advancement through innovation and flexibility to market needs and we look forward to a productive year.”

For more news and information on Leo Motors, Inc. please visit LEO where you can find the CEO’s video, a fact sheet on the company, investor presentations, and more.