Vern Kornelsen
Founder at ENCISION INC.
Net worth: 2 M $ as of 2024-03-30
Profile
Vern D.
Kornelsen is the founder of Encision, Inc. (founded in 1991) where he holds the title of Independent Director since 2011.
He currently holds the position of Chairman, Chief Financial Officer & Secretary at Lifeloc Technologies, Inc. since 1991.
He is also currently serving as Secretary & Director at Electronic Systems Technology, Inc. since 2007.
Additionally, he is a General Partner at Edco Partners LLLP and CMED Partners LLLP.
Mr. Kornelsen previously worked as a Director at Valleylab, Inc. and as Chief Financial Officer & Secretary at Colorado Biolabs, Inc. He obtained his undergraduate degree from the University of Kansas.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
ENCISION INC.
27.87% | 2023-10-17 | 3,280,470 ( 27.87% ) | 2 M $ | 2024-03-30 |
| 2023-04-19 | 34,126 ( 1.39% ) | 109 203 $ | 2024-03-30 |
Vern Kornelsen active positions
| Companies | Position | Start |
|---|---|---|
| ENCISION INC. | Founder | 1990-12-31 |
| LIFELOC TECHNOLOGIES, INC. | Chairman | - |
| ELECTRONIC SYSTEMS TECHNOLOGY, INC. | Director/Board Member | 2014-06-05 |
| CMED Partners LLLP | Corporate Officer/Principal | - |
Edco Partners LLLP
 Edco Partners LLLP Financial ConglomeratesFinance Edco Partners LLLP provides investment services. The private company is based in Englewood, CO and has subsidiaries in the United States. | Corporate Officer/Principal | - |
Former positions of Vern Kornelsen
| Companies | Position | End |
|---|---|---|
Colorado Biolabs, Inc.
 Colorado Biolabs, Inc. Pharmaceuticals: MajorHealth Technology Colorado Biolabs, Inc. manufactures pharmaceutical preparations. The company develops and markets Proferrin - an oral iron supplement made from Heme Iron polypeptide. Colorado Biolabs was founded in 1997 and is headquartered in Cozad, NE | Director of Finance/CFO | - |
| Valleylab, Inc. | Director/Board Member | - |
Training of Vern Kornelsen
| University of Kansas | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 3 |
|---|---|
| ELECTRONIC SYSTEMS TECHNOLOGY, INC. | Electronic Technology |
| ENCISION INC. | Health Technology |
| LIFELOC TECHNOLOGIES, INC. | Electronic Technology |
| Private companies | 4 |
|---|---|
Edco Partners LLLP
Edco Partners LLLP Financial ConglomeratesFinance Edco Partners LLLP provides investment services. The private company is based in Englewood, CO and has subsidiaries in the United States. | Finance |
Colorado Biolabs, Inc.
Colorado Biolabs, Inc. Pharmaceuticals: MajorHealth Technology Colorado Biolabs, Inc. manufactures pharmaceutical preparations. The company develops and markets Proferrin - an oral iron supplement made from Heme Iron polypeptide. Colorado Biolabs was founded in 1997 and is headquartered in Cozad, NE | Health Technology |
| CMED Partners LLLP | |
| Valleylab, Inc. |
- Stock Market
- Insiders
- Vern Kornelsen
