NEW GENERATION CONSUMER GROUP ANNOUNCES CHINA UPDA
Post# of 601
Date : 08/11/2015 @ 8:30AM
Source : InvestorsHub NewsWire
Stock : New Generation Consumer Group, Inc. (PC) (NGCG)
Quote : 0.0149 0.0 (0.00%) @ 7:51AM
NEW GENERATION CONSUMER GROUP ANNOUNCES CHINA UPDATE
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NEW GENERATION CONSUMER GROUP ANNOUNCES CHINA UPDATE
WHITTIER, CA -- August 11, 2015 -- InvestorsHub NewsWire -- New Generation Consumer Group Inc. (OTC PINK: NGCG) New Generation Consumer Group Inc. announces today company representatives have returned from a conclusive trip to Beijing, China. NGCG is excited to share with their shareholders and future shareholders the companies are currently drawing contracts and are gearing up for business.
Members of management met over this past weekend in New York to discuss the exciting details surrounding this Joint Venture, and have since returned to put all the commitments and verbal agreements into contract form to send out for final signatures. This Joint Venture distribution agreement will not only put NGCG products into several medium and large scale market places throughout many Asian countries, but NGCG will also be sold in top Asian airlines, high-speed railways, in addition to Chinese Universities via pre-packaged and ready-to-eat foods, and vending machines.
Phil Longoria, New Generation Consumer Groups Corporate Relations Officer states, We have been thrilled thus far with the companys growth trajectory, and are very excited to get to this point considering we are still such a young company. We have been very fortunate, and are seizing this moment in this game changing opportunity we have been presented with. He went on to say, Once the contracts have been signed, we will announce to our shareholders and future shareholders the name of the Chinese conglomerate, names of the locations, in addition to complete details of this pivotal time for our company. We expect to have fully executed contracts on or before September 1, 2015, at which time we will post all information with regard to this monumental agreement.
In addition to the consumable products, NGCGs Joint Venture Partners have agreed to provide the company with exclusive rights to market and distribute Tea Tree Oil under their own brand name. The distribution rights include North and South American retail sales markets. NGCG will be creating a new line for this unique product, and with distribution already lined up, this is another huge win for the future of NGCG and their shareholders.
About New Generation Consumer Group, Inc.
New Generation Consumer Group, Inc. (NGCG) is a marketing and media company that currently operates through four separate divisions: Mucho Macho, VIP Spirits, Monster Marketing, and our Snack Division. Mucho Macho features Mucho Macho Michelada Mix as its featured product. Our VIP Spirits Division will feature Excuse as our premium liqueur brand. Our initial alcohol product will be a Top Shelf Liqueur infused Premium Imported Vodka in a variety of different flavors, followed by Excuse Whiskey. Monster Marketing provides graphic design, web development, and brand management, in addition to other various services to its clients to help them gain more customers, increase sales, aid in selling products and services and or to create brand awareness. Our snack division brings consumers spicy and intense flavoring of noticeable quality for todays particular tastes. Additional information may be found at http://www.newgencg.com, https://www.facebook.com/muchomachomichelada, or https://twitter.com/MuchoMachoMiche.
Safe Harbor and Forward-Looking Statements
This press release contains forward-looking statements. Words such as "expects," "intends," "believes," and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to secure additional sources of finance, the ability to reduce operating expenses, and other factors described in the Company's filings with the OTC Markets Group. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Corporate Relations and Retail Inquiries
Phil Longoria
ir@newgencg.com
New Generation Consumer Group, (USOTC:NGCG)
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