Company Overview

Company Description

The Company was originally incorporated in Delaware on November 30, 1989. The Company later moved to North Carolina and became a North Carolina Corporation on April 22, 1993, and then became a Florida registered corporation on January 3, 2007. Due to the passing of our registered agent in Florida, the Company was incorporated in the state of Georgia on November 3, 2010 when our principal business activities were focused on the construction and energy business until 2012.

Initially, the Company concentrated on the Supply of HVAC equipment and controls devices, and developed relationships with large manufacturers such as Trane, Marley Cooling Technology, McQuay International, Carrier and Johnson Controls Inc. Norcor, working with Johnson Controls Inc., participated in the Department of Defense Mentor-Protégé Program for approximately four years, supplying HVAC Equipment and controls for various projects.

In 2012, the Company’s Board of Directors decided to transition the Company into developing Solar Energy as the primary business of the Company. We will be concentrating on developing Solar Farms in North Carolina, Jamaica, the Caribbean and Africa. Based on this decision the Company is undertaking this public offering to raise funds for the future development of the company.

The Company is looking to capitalize on opportunities in industrial markets where management feels the company has advantages over competitors. Those areas are the following but not limited to:

1. Solar Farm and other alternative energy technology development

2. HVAC re-selling and installation

3. Bidding on government contracts especially in Natural Gas and Distillates in which we have tremendous

The Company is presently looking forward to enter into power purchase agreements with large regional power providers such as Duke Power and the like.

We are also exploring the feasibility of solar farm and other alternative energy platforms such as Hydrogen Fuel Technology not only in North Carolina but also in the Caribbean.

The Company’s research team is looking to develop next generation solar panels that will (if successfully completed) be able to generate additional auxiliary power through the utilization of heat and other proprietary processes used to power turbines.

The Company remains heavily involved in commercial HVAC re-selling and installation. Management will be aggressively bidding on providing the HVAC components for commercial construction projects primarily in the south eastern United States.

The Company has seen past success in this area and will be looking to build on this success going forward.

In response to the COVID 19 pandemic the Company will also be looking to provide the installation and maintenance services to distributors and manufacturers of decontamination entry portals now coming on to the marketplace.

The majority of these entry portals have some sort of built-in antiseptic dispensing system that requires installation and ongoing maintenance. The Company is positioning itself to capture much of this new business from these decontamination chamber providers as they come on line.

We are currently certified to bid on government agency contracts under a designated set aside program. The Company will be initially focusing on various defense, personal protection equipment, and infrastructure/public works contracts.

Management will evaluate and bid on these government agency contracts based on the Company's ability to fulfill delivery requirements, the profitability, and the capital needs associated with the completion of these contracts.

There are two significant and material assets to be further developed at a later time as management sees fit.

1. The Company currently owns (5%) five percent of Rising Star Mines located in the South French Creek area of Management is currently evaluating the findings contained in geophysical studies and other relevant market factors in order to determine the feasible approach and timing to the monetizing of the value contained within this asset.

   Management is currently planning to have a re-valuation and formatting of the geological report to conform with current Canada National Instrument 43-101 or SEC S-K 1300 procedure whichever is deemed feasible going forward.

   Once this reformatted and re-valuation report is complete and properly reviewed by regulatory examiners, Norcor Management, with board approval, will adjust according to ASC 250 accounting procedures, the Company’s total asset values,the number and or par value of the preferred shares used to complete the transaction, the paid in additional capital allocated in favor of the common shareholders all in proportion to any value changes that come as a result of the revaluation and conforming with Regulation S-K 1300 Item 102, subpart 1302 format requirement.

2. The Company currently owns the Personal Information Carrier (PIC) technology. The PIC technology is a mobile personal information storage device that can be accessed in various There is a multitude of commercial markets the PIC technology can be readily deployed by the company. Management is now exploring the most profitable route to unlocking the value of the PIC technology.

Our principal executive offices are located at 4291 Harbor Ridge Drive, Greensboro, NC 27406. Our telephone number is (240) 462-3584. The Company’s website is www.nortech.com.