Element 21 Golf Company (Element 21), formerly BRL Holdings, Inc., was formed to acquire partially-developed golf technology and to design, develop and bring to market golf club shafts and golf heads made from a patented scandium alloy licensed to the Company (the E21 Alloy). The ingredient used in E21 Alloy is scandium. The Company has also developed a line of fishing rods to serve the recreational and professional trophy fishing markets, incorporating nano technology and scandium metal alloy. In June, 2007 the Company began an expansion into recreational fishing equipment. As of June 21, 2007, the Company entered into a non-exclusive license with Advanced Light Alloys Corporation (Advanced) by which Element 21 was licensed by Advanced to make, use and sell fishing equipment utilizing certain of Advanced’s patents.
