Joytoto USA, Inc. (JYTO.OB) to Distribute Online Games to US Consumers
Joytoto USA Inc. (JYTO.OB) is the California-based subsidiary of a Korean company which engages in the online game and electronics products and components manufacturing business. The electronics products and components business is that of a virtual, original equipment manufacturer and original design manufacturer of consumer electronics for retailers around the globe. The more interesting part of Joytoto USA’s business is the online game business. That business segment operates online games in North America pursuant to an exclusive North American master license agreement with Joyon Entertainment of Korea. The master license agreement gives Joytoto USA’s wholly-owned subsidiary access to Joyon Korea’s…