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Megola Inc (MGON)
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Megola Inc was incorporated in Ontario, Canada on August 28, 2000 as Corporation No. 1375595. It was renamed Megola, Inc. on December 21, 2001. The Company sells physical water treatment devices to a wide range of end-users in the United States, Canada and internationally under a license granted by Megola GmbH in Germany. The Companys principal product is its ScaleGuard Systems. Megolas ScaleGuard technology cost effectively conditions hard water while also eliminating the historical build-up of scale caused by hard water in residential, commercial and industrial applications. ScaleGuard units are a one-time capital cost as there are no ongoing chemical additives required and since the units have no moving parts they are essentially maintenance free. Cost savings on chemical treatments and the associated labor make ScaleGuard cost effective. ScaleGuard units use electromagnetic technology to condition and soften water, both preventing the ongoing build-up of scale and eliminating historical scale build-up in water delivery systems and machinery. ScaleGuard is a non-invasive, physical water treatment device. That is, it does not make any direct contact with the water, and it neither adds chemicals to nor removes chemicals from the water. The AirGuardian 1000 is a uniquely engineered, integrated UVC & UVV system designed to dramatically reduce/control airborne allergens and toxic compounds, such as mold, fungus, formaldehyde, xylene gases and tobacco smoke along with infectious agents, such as bacteria, influenza, hemolytic streptococci and many others. The AirGuardian Power Filter uses an active electromagnetic field to magnetize both airborne particles and the fibers of the disposable filter pad. This creates a virtual force field within the ductwork, capturing many of the smallest, most dangerous to breathe submicron particles. It is a North American distributor of ozone treatment systems manufactured by Dalian Bingshan H203 Solutions Co., Ltd. Utilizing the powerful biocidal properties of ozone, these systems are an alternative to chemical treatments for microbiological control. The Company presently distributes the following product lines: physical water treatment; water filtration; air purification; microbiological control; waste water treatment and fire safety. It is the exclusive worldwide distributor for Megola GmbH.