Investment in Stream TV
Primorus invested US$200,000 in shares and attaching options in Stream TV, a Philadelphia-based new media company. Through its wholly-owned research subsidiary, SeeCubic B.V., Stream TV has developed breakthrough glasses-free 3D 8K display technology launched under the trade name Ultra-D. Stream TV is in partnership with BOE (the world’s largest panel manufacturer) to commercially produce a range of TV, tablet and smartphone glasses-less 3D screen panels for commercial release in 2019. Further licenced products will follow including laptops, PCs, gaming, medical, and automotive display products. StreamTV had intended to list itself on NASDAQ in 2019 however due to strong industry interest they company will likely seek a partnership growth model and thus shareholder may be able to exit via secondary stock sales.