NGCG News 12/26/2016 - 0.0016
Post# of 273249
Posted On: 12/26/2016 6:38:22 AM
New Generation Consumer Group, Inc. $NGCG News
Last updated 12/26/2016 - 0.0016
CORRECTION - Canna Shea 420 to be Acquired by New Generation Consumers Group, Inc. (NGCG)
Nov 07, 2016
OTC Disclosure & News Service
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CORRECTION - Canna Shea 420 to be Acquired by New Generation Consumers Group, Inc. (NGCG)
SACRAMENTO, CA--(Marketwired - Nov 7, 2016) - In the news release, "Canna Shea 420 to be Acquired by New Generation Consumers Group, Inc. (NGCG)" issued Friday, November 4th by New Generation Consumers Group, Inc. (OTC: NGCG), please be advised that the company ticker in the first paragraph should read (NGCG) rather than (NCGC) as originally issued. Complete corrected text follows.
SACRAMENTO, CA -- Novmeber 4, 2016 -- New Generation Consumers Group, Inc. (OTC: NGCG) -- Canna Shea 420 products are designed for medical purposes related to the relief of pain. Our products are being tested in clinical trials by Doctors specializing in the treatment of HIV.
Our products include Canna Shea Body Butter which aids in the treatment of arthritis and nerve pain, Canna Quik Pain Reliever which is a spray that offers quick relief of muscle pain and Canna Shea All Natural Anal Cream which offers superior lubrication and the CBD has the added benefit of not degrading a condom.
Canna Shea 420 CEO, Andria Williams, is pleased to announce that Canna Shea 420 has agreed in principle to become part of the NGCG Holding company. We are extremely excited to be part of the initial three companies that will be part of NGCG. We are very excited about the opportunity to have access to funding that will accelerate our growth.
Williams stated that in the first 7 months of operations they have generated over $300,000 in revenue. She stated the company has been working with a major National distributor to produce a CBD only version of our products.
Williams said, "With the help from NGCG we want to be positioned with a National distributor when marijuana is legalized."
Canna Shea 420 - http://healthandwellness420products.com/
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.
CONTACT:
Tom Kim
CEO
New Generation Consumers Group, Inc.
info@newgencg.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New Generation Consumer Group, Inc.'s Urban Mining Ventures Announces Joint Venture Partnership With Victory Resources Corp.
Aug 31, 2016
OTC Disclosure & News Service
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New Generation Consumer Group, Inc.'s Urban Mining Ventures Announces Joint Venture Partnership With Victory Resources Corp.
LOS ANGELES, CA--(Marketwired - Aug 31, 2016) - New Generation Consumer Group, Inc. (OTC: NGCG) ("NGCG" or the "Company"
, who has recently changed its name with Delaware SOS to Urban Mining Ventures Inc., is excited to announce a new Joint Partner, Victory Resources Corp. (TSX VENTURE: VR). Victory Resources Corporation is a growth focused mineral company creating value through the exploration and development.
The Agreement will provide the company a twenty-five (25%) percent interest in the mineral rights to the V-LITH mineral property which consists of 29 claim units totaling 464 hectares (1147 acres).
The Property is located between Rich Lake to the south and Opikeigan Lake to the north in the Thunder Bay Mining District and Rich Lake Township in the north-central portion of the province of Ontario, Canada.
In the initial exploratory work on the Rich Lake property it has shown to host numerous pegmatite dykes which have been explored for their lithium and precious metal bearing mineralization. The Lilypad Lakes pegmatites do host lithium minerals as reports of a 10.4 meter drill intersection assaying 1.08 percent Li20 in a drill hole intersection and assays as high as 2.05 percent Li20 and 4.45 percent Li20. Historically, on the Rich Lake ground, a sample taken from a structure exposed in a shaft returned an assay of 1.0 ounces gold per ton.
Mr. Kim and his advisors have been working several months on the details of Joint Venture with Victory and their CEO Roger Frost. It was decided from reviewing the initial exploration information that there is sufficient evidence that the V-LITH property has significant Lithium deposits to proceed with a exploration program which is estimated to take two to six months to complete and produce a NI 43-101 report. The company will contribute $100,000 for the completion of the NI 43-101 report.
Mr. Kim is extremely excited about the potential for the Victory project and future announcements concerning Victory and Mr. Frost. According to Kim "This new alliance forms the foundation which I needed to catch the attention of my partners overseas and as I forge ahead with my plans to become further involved with our new partners from Canada. Based on my long history with my friends in Hong Kong, I am confident that I will receive the support to take this project to the next level." Victory CEO Roger Frost stated, "The Company is elated to form a partnership with Urban Mining Ventures Inc." Mr. Frost believes with lithium becoming one of the top resources in the future of mining, the joint venture agreement will help propel both companies to become a force in the mining industry.
Mr. Kim is currently in talks with two separate overseas groups who are claiming to have process equipment which will enable the efficient dismantlement and reclaim processes used in asset recovery which until now was only available through the use of labor overseas. While he is currently in the vetting process, it seems that fundamentally the equipment seems to meet both economic viability tests and would be complicit with the more stringent North American environmental requirements.
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.
CONTACT:
Tom Kim
CEO
Urban Mining Ventures, Inc
213-622-3133
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New Generation Consumer Group Announces Corporate Update on Company Direction
Aug 09, 2016
OTC Disclosure & News Service
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New Generation Consumer Group Announces Corporate Update on Company Direction
LOS ANGELES, CA--(Marketwired - Aug 9, 2016) - New Generation Consumer Group, Inc (OTC PINK: NGCG) would like to announce a new opportunity that materialized from a current project Mr. Kim has been involved with. This will be a major change in the direction of NGCG.
Mr. Kim's first course of action was to restructure the company as was explained in a previous shareholder update. That has proven to be more difficult and time consuming than first thought. The good news is that the company has overcome many obstacles and has accomplished several goals and the company is now moving forward.
After much deliberation by Mr. Kim and his advisors he has decided the previous business model wasn't viable for growth of a public company as he had envisioned when he took control of NGCG. With Mr. Kim's many business interests in the US, Philippines, Hong Kong, China and Canada he has decided that in the best interest of NGCG and the shareholders that the company enter into to the mining sector and in particular Lithium mining in which Mr. Kim has many opportunities for NGCG.
Mr. Kim decided to focus the company on the mining sector after months of research. He decided that becoming involved in real assets would benefit the company and shareholders financial assets, as real assets are at a 100 year low compared to financial assets.
Here are a few interesting facts about the Lithium market.
The global lithium-ion battery market is expected to generate revenue of $46.21 billion by 2022, with a CAGR (Compound Annual Growth Rate) of 10.8% during the forecast period (2016-2022).
Asia-Pacific is the largest revenue-generating region in this market followed by North America. Further, the Asia-Pacific region is likely to exhibit the highest growth, with a CAGR (Compound Annual Growth Rate) of 12.4% during the forecast period. The growth would be driven by the rising demand from consumer electronics segment and increasing number of electric vehicles (EVs) in China, Japan, and India.
The price of 99 percent-pure lithium imported to China has increased 42 percent in the last six months.
Since Mr. Kim has decided to take the company in a new direction there will be a delay in launching the new website. There is considerable work still to do as there will be a change in the company name, new logos and information about the Lithium mining sector. It is challenging but exciting times for the new NGCG.
Lastly, there is not going to be a merger, there will not be any Rule 504, Toxic or Floorless financing, it will be an asset purchase. Mr. Kim will announce the details in a formal press release in the very near future.
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.
Contact:
New Generation Consumer Group
1-213-622-3133
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New Generation Consumer Group Announces New Product Launch and the Revamp of Hemp Refreshers
Apr 28, 2016
OTC Disclosure & News Service
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New Generation Consumer Group Announces New Product Launch and the Revamp of Hemp Refreshers
WHITTIER, CA--(Marketwired - Apr 28, 2016) - New Generation Consumer Group (OTC PINK: NGCG) announces the launch of a new product and the revamp of Hemp Refreshers. NGCG is very excited to announce the launch of Pop n Hemp Sodas, their introductory product into the very exciting and growing category of custom sodas and the exciting future of new items that incorporate all Natural Hemp. Custom ready-to-drink beverages are the trend discerning consumers are increasingly choosing. More and more consumers are turning away from traditional artificial flavorings and high fructose corn syrup drinks in favor of the healthier options and all-natural choices. NGCG by entering this category will be poised and ready to capitalize from this exploding trend.
Tom Kim, NGCG CEO states, "This new product represents our focus in innovation. It also represents the creation of a new subcategory of products that will enhance the value we provide to both our customers and shareholders."
Pop n Hemp sodas will introduce two flavors; Green Apple and Root Beer. Pop n Hemp sodas will come in a classic 12 oz. long neck glass bottle and will be infused with all Natural Hemp and zero THC. Pop n Hemp sodas will be produced with all natural ingredients, pure cane sugar and natural Spring Water.
NGCG's Hemp Refreshers have been completely reformulated and will come out with new flavors; Lemon Lime and Cucumber Melon. Hemp Refreshers will be made with all natural ingredients, natural Spring Water and will also contains all Natural Hemp and zero THC. After extensive testing and to protect the quality of the Hemp Refreshers, they will be introduced in a 12oz. long neck glass bottle with a twist off cap. Both products will be delivered to Distributors and Stores in a 24 count master case
The bottler for both products has close to 30 years' experience in the custom beverage category. The bottling facility is a state of the art, FDA approved facility in California. By having the product bottled in California the NGCG Team has the ability to visit the facility regularly to ensure that the high quality standards of their products are always adhered to.
The U.S. market for Hemp-based products has a highly dedicated and growing demand base, as indicated by recent U.S. market and import data for Hemp products and ingredients, as well as market trends for some natural foods and body care products. Available industry information indicates that sales of some Hemp-based products, such as foods and body care products, is growing. Growth in Hemp specialty food products is driven, in part, by sales of Hemp milk and related dairy alternatives, among other Hemp-based foods.
New Generation Consumer Group has also developed a brand specifically for .99 Cent Only Stores. This Michelada brand will carry the name Loteria, and will be available in Original Flavor and Spicy and will have all the same flavorful ingredients as Mucho Macho Michelada. Loteria was created as another brand from the Mucho Macho line. NGCG has already shipped a truck load, and has another one scheduled for this week.
The consumer environment impacting the soft drink industry is expected to see significant changes in the years to come. By viewing those changes as opportunities for business expansion NGCG will remain steadfast and focused on increasing brand value and developing new products to meet the demand of consumers. NGCG will implement, expand and accelerate various initiatives aimed at adapting to these changes.
Looking at the future of the soft drink market NGCG will create a business model that does not solely rely on price competitiveness and will rather focus on exciting, high quality and great tasting beverages.
Tom Kim has struck up a new deal for financing that will replace all previous financing. This new agreement will better position the company to continue to work on the additional products that are currently being worked on.
Kim further states, "By continuously enhancing our product line, we will be fulfilling the diverse needs of our customers through niche products in the ever changing beverage arena. NGCG will contribute to the beverage industry's multi-billion dollar enterprise." Kim further states, "We have more products in our near future, and are excited about bringing them to market. If I say that it will happen -- it will happen."
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, and our Snack Division. Mucho Macho features Mucho Macho Michelada Mix as its featured product. Our snack division brings consumers spicy and intense flavoring of noticeable quality for today's 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.
Contact:
New Generation Consumer Group, Inc.
ir@newgencg.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New Generation Consumer Group Announces Call With the CEO
Apr 12, 2016
OTC Disclosure & News Service
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New Generation Consumer Group Announces Call With the CEO
WHITTIER, CA--(Marketwired - Apr 12, 2016) - New Generation Consumer Group (OTC PINK: NGCG) -- New Generation Consumer Group, Inc. announces a scheduled conference call with all investors and future investors for Thursday, April 14, 2016 beginning at 10:30 a.m. Pacific Daylight Time and will end approximately at 10:50 a.m. Pacific Daylight Time. During the call, New Generation Consumer Group's CEO, Tom Kim, will review and answer key concerns and questions pertaining to the direction of the company. Please address all prior questions directly to Tom Kim at tom@newgencg.com. All emails received after Wednesday, April 13, 2016 9:00 a.m. Pacific Daylight Time will not be taken into consideration for this call. This call will be a live call, however, there will not be direct communication to investors. All participants will have listen-only capability. To listen to the call, please dial (712) 432-0800, participant access code 762128#.
Agenda:
Opening of the meeting and formal introduction of Tom Kim
Brief overview of most recent events
Resignation of Charles Morrison and Calvin Ross
Return of over 250,000,000 shares back to treasury
Dissolution of Monster Marketing Group, Inc.
Discussion of company direction
Brief overview of company products, current and future
Additional plans and goals
Financials to include S1 filing and audit
Answers to emails received
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 and our Snack Division. Mucho Macho features Mucho Macho Michelada Mix as its featured product. Our Beverage Division will feature Hemp Refreshers, and will further introduce additional beverages for the beverage line up. Our snack division brings consumers spicy and intense flavoring of noticeable quality for today's 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.
New Generation Consumer Group, Inc.
ir@newgencg.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New Generation Consumer Group Announces Letter From the CEO
Jan 04, 2016
OTC Disclosure & News Service
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New Generation Consumer Group Announces Letter From the CEO
WHITTIER, CA--(Marketwired - Jan 4, 2016) - New Generation Consumer Group Inc. (OTC PINK: NGCG)
Dear Shareholder:
Time sure flies! A New Year is upon us once again and for many, it's a time for big celebrations and spending time with loved ones, for others it's about new resolutions and making promises to ourselves to be better than we were the year before. At new Generation Consumer Group, it's about setting positive goals, staying diligent, working hard and achieving greater success.
New Year's brings a clean slate, the ability to start anew. We have the opportunity to look back and evaluate the things that went wrong, could have gone different and even the things that went right. We also delve deeper to determine if there's one area that's stronger in order to grow steadily, and analyze the factors that are impacting the success and how they can be applied to other area's that may not be as strong and alter strategy paths to sustain stability during market turbulence.
We have recognized and determined how well our strategies are working and what needs to be changed in order to reach our goals successfully. We have learned and most importantly, have grown from our mistakes; which is always a positive benefit as we are aware of our responsibilities and recognize that how we proceed will ensure trust and commitment to the growth of our company, to our shareholders, and our customers.
I want my fellow shareholders to rest assured that NGCG has no intention of allowing the hurdles from 2015 to prevent us from capitalizing on and expanding upon our position as an industry leader and innovator. We intend to continue to improve our top and bottom line, and set ourselves on a prosperous future course that builds value, strength, and greater financial gains.
It gives me great pleasure to share our first steps in cementing our plan as we start the 2016-year. Currently we are in the process of returning over 375,000,000 (three hundred seventy-five million) executive shares to treasury. As many of you know, these shares would become available this month. NGCG feels it's in our best interest to stabilize our company foundation and rebuild our credibility with our shareholders and customers. In addition to returning shares to treasury, we will lower the authorized to 600,000,000 (six hundred million) from the current 750,000,000 (seven hundred fifty million). Your continued support and sharing our vision helps us to remain vigilant to positive growth and development.
Management is conscious of how quickly the months seem to pass. We have been entrenched in reviewing our year-end at all once. Moving forward, we will evaluate company goals mid-year. If something is not working, it's at that critical point to be cognizant of time. Allowing time to correct or redirect a potential issue to make a difference sooner, is better than recognizing the situation at the end of the year when it's too late to have an impact on the overall success. If something is progressing, we want to have the ability to enhance it and finish stronger. We understand that goals are not only important to our team efforts, but achieving them gives the reassurance to our shareholders and customers that New Generation Consumer Group is committed to being a business leader. We realize when you can see the progresses that you know you are receiving sound returns on your investment.
Additionally, reviewing goals is another way to project what the remainder of the year holds, and keeps our focus that we are moving in the right direction while having the ability and time to be even better. Company success is a direct result of the ways the management team combines their abilities. I am confident in my team's ability to leverage each other's unique talents and know they will deliver stellar results as we welcome the New Year.
New Generation Consumer Group has many more exciting plans that will start to be announced in the coming weeks and months. I look forward to sharing the anticipation and excitement as we usher in the newborn year.
As we start a new chapter, may the New Year give you the strength to face all challenges and the courage to adjust the sail to take every situation in stride as we look to a successful and profitable year.
Happy New Year,
Chuck Morrison, CEO
New Generation Consumer Group, Inc.
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 today's 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
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New Generation Consumer Group Announces New Leadership and Direction
Mar 24, 2016
OTC Disclosure & News Service
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New Generation Consumer Group Announces New Leadership and Direction
WHITTIER, CA--(Marketwired - Mar 24, 2016) - New Generation Consumer Group (OTC PINK: NGCG) -- New Generation Consumer Group Inc. announces today the appointment of Tom Kim as the company's new Chief Executive Officer to take effect April 4, 2016.
Through negotiations, it consisted of the immediate resignation of Mr. Charles Morrison in addition to Calvin Ross. Terms included the buyout of Calvin Ross's position, transferring complete ownership to Mr. Tom Kim. Additional terms of the separation agreement will be discussed later in the company's revamp plan.
Mr. Kim stated today, "My intentions are to focus on the restructure of NGCG and our products that can be created on a faster pace to generate immediate revenues and maintaining profitability. I will concentrate on driving solid top line growth that delivers leveraged earnings with a continued emphasis on quality and innovation in order to maximize shareholder value. This plan will be put in place not only to build a great company, but to insure shareholder benefit." Kim further stated, "I am confident that the team will continue to execute the planned strategy with distinction and that the company will enjoy continued success that benefits everyone."
Phil Longoria, New Generation Consumer Groups COO stated, "The board is excited about the company's new strategic direction and delivering a better product line up with solid growth. The board has complete confidence that Tom is the right person to be our next CEO."
Over the next couple weeks, NGCG will start communicating with shareholders about the direction it will be taking, restructuring the product line, in addition to setting new goals, and addressing transparency under new leadership.
NGCG thanks each of its investors for their continued support.
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 today's 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.
New Generation Consumer Group, Inc.
Corporate Relations and Retail Inquiries
Phil Longoria
ir@newgencg.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New Generation Consumer Group Announces $500,000 Financing and Distribution
Feb 08, 2016
OTC Disclosure & News Service
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New Generation Consumer Group Announces $500,000 Financing and Distribution
WHITTIER, CA--(Marketwired - Feb 8, 2016) - New Generation Consumer Group (OTC PINK: NGCG) announces today their signed agreement with Vican Foods Inc. Vican Foods Inc. is an established Canadian food-trade company who specializes in providing quality food products to buyers around the world through comprehensive logistics and transportation services. Vican Foods Inc. and New Generation Consumer Group have come to a very exciting agreement which provides the company with distribution in addition to a credit line investment to be used for product development up to $500,000.00 (five hundred thousand dollars).
The investment brings New Generation Consumer Group a total funding source plus distribution channels that will help the company aggressively expand its sales and marketing efforts as well as broaden and accelerate product development and placement.
With growing PO size, the anticipation of quadruple orders by 2nd quarter in addition to a Hemp Refreshers run, NGCG will build on this momentum and use the financing to continue expanding its product lines, accelerate product growth, sales and marketing resources, and continue evaluating strategic opportunities to grow the company.
Phil Longoria, New Generation Consumer Group's COO, states, "This is well-timed with the rapidly increasing demand for more products, and for the company to increase production size before the warmer months. Since this is a cash for cash agreement with Vican Foods, there is no need for any kind of toxic financing, nor is the agreement based off share issuance." Mr. Longoria further stated, "This is a major solution as we continue to clean up our current share structure; we felt it was important for the company to do business based off our quality and integrity, rather than diluting shares. Our plan is to continue to return shares to treasury, as we have already returned almost 100,000,000 to date which will reflect on 1st quarter financials. Vican Foods Inc., is a solution that extends our reach as we focus on US distribution for our brands, and by doing this will drive business results that shareholders and investors can steadily profit from."
Adam Krupp, Managing Partner for Vican Foods Inc., stated, "We are very excited to be working with NGCG. Vican Foods is pleased to enter into this agreement and looks forward to expanding the opportunities in addition to creating more volume that can be generated within both companies."
Phil Longoria, COO
New Generation Consumer Group, Inc.
** NOTE: Not all locations will carry Mucho Macho Michelada products due to the nature of this particular product. Not all stores carry items related to alcohol.
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 today's 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.
New Generation Consumer Group, Inc.
Corporate Relations and Retail Inquiries
Phil Longoria
ir@newgencg.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New Generation Consumer Group Announces Shareholder Update
Feb 01, 2016
OTC Disclosure & News Service
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New Generation Consumer Group Announces Shareholder Update
WHITTIER, CA--(Marketwired - Feb 1, 2016) - New Generation Consumer Group (OTC PINK: NGCG)
Shareholder:
New Generation Consumer Group has been very active since the New Year announcement. Our role here today is to frame the robust strategies we've put into place to deliver the kind of growth you've come to expect from NGCG.
We believe that a fundamentally important measure of our success is the shareholder value we create over the long-term -- which is why we have slowed down, taken a look from within. It has always been important that we grow steady and stable, but to improve outcomes, we cannot and will not be rushed. We have learned from our mistakes, and moving forward, we will not jeopardize our standards or integrity just to place a product.
Because of our team and our vision, NGCG is well-positioned to establish the leadership position in the Michelada Cup arena as the potential of this market becomes reality. We are quickly becoming a well-known brand in the Michelada Cup sector. We are achieving our goal to become the most desirable cup as we continue to execute our plan. It has been requested that we offer additional flavors for the Mucho Macho Michelada Cups. I am pleased to announce the other 2 flavors are ready for sale bringing the line to 3 flavors; Original, Lemon, and Spicy.
Currently, we are anticipating another reorder from the .99 Cent Only Store. We have seen steady success and the reorders are getting bigger. We expect to see many more as we approach beverage season and warmer weather. We have sent 10 pallets to Mr. Mato Distribution in Chicago, another 5 pallets have gone to Solchi Distribution in Las Vegas, and we sent a test pallet to Tennessee. Again, it's about slow and steady progress and calculating our risk, not rushing into where we are unfamiliar and take large chances that can be costly and counterproductive. We don't know how the product will be received in certain areas, so as we continue to test new markets, we will keep you informed of the locations and outcome.
The team left for Texas last week for a vendor trade show for several of the largest liquor marts and stores to meet with buyers and distributers to carry our products. This is our second time out and we received great reviews and feel we had another very successful trip. We will be testing Mucho Macho Michelada Cups in 2 AM/PM locations within the coming days. We will keep you informed of the actual locations once the product has arrived and is on the shelf. We continue to have discussions with a local 7/11 franchise group to carry our products as well. Once we have formalized a solid agreement, we will make the announcement with the details.
Hemp refreshers are getting closer to production as we are working with new formulation specialists and food chemists to insure superior product development. This has been a long process, but we have learned a lot. Production will start once we are absolutely sure we have a product worthy of standing with its competition in the marketplace.
The long awaited update on Excuse Vodka Liqueur is imminent, and we look forward to sharing the highly anticipated news.
We have a superior management team in place that is not only focused on product development but also the quality, efficiency and proper distribution to insure our products receive the most attention. We refuse to do things just for the sake of doing them. The results of our efforts will be very profitable for the company and shareholders and it will also provide a rapidly increasing product base with consistency and brand recognition that creates a solid investment. The developments of the next few weeks and months will be both exciting and fruitful for our company.
We are ardently pursuing our expansive growth and rollout of our products, leveraging our integrated platform while capitalizing on the diverse and growing opportunities for expansion throughout the United States. As we continue, we will continue to keep everyone informed.
As always, I thank you for your continued patience as well as your support as we continue our progress.
Kind Regards,
Phil Longoria, COO
New Generation Consumer Group, Inc.
** NOTE: Not all locations will carry Mucho Macho Michelada products due to the nature of this particular product. Not all stores carry items related to alcohol.
About New Generation Consumer Group, Inc.
New Generation Consumer Group, Inc. (OTC PINK: 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 today's 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.
New Generation Consumer Group, Inc.
Corporate Relations and Retail Inquiries
Phil Longoria
ir@newgencg.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Last updated 12/26/2016 - 0.0016
CORRECTION - Canna Shea 420 to be Acquired by New Generation Consumers Group, Inc. (NGCG)
Nov 07, 2016
OTC Disclosure & News Service
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CORRECTION - Canna Shea 420 to be Acquired by New Generation Consumers Group, Inc. (NGCG)
SACRAMENTO, CA--(Marketwired - Nov 7, 2016) - In the news release, "Canna Shea 420 to be Acquired by New Generation Consumers Group, Inc. (NGCG)" issued Friday, November 4th by New Generation Consumers Group, Inc. (OTC: NGCG), please be advised that the company ticker in the first paragraph should read (NGCG) rather than (NCGC) as originally issued. Complete corrected text follows.
SACRAMENTO, CA -- Novmeber 4, 2016 -- New Generation Consumers Group, Inc. (OTC: NGCG) -- Canna Shea 420 products are designed for medical purposes related to the relief of pain. Our products are being tested in clinical trials by Doctors specializing in the treatment of HIV.
Our products include Canna Shea Body Butter which aids in the treatment of arthritis and nerve pain, Canna Quik Pain Reliever which is a spray that offers quick relief of muscle pain and Canna Shea All Natural Anal Cream which offers superior lubrication and the CBD has the added benefit of not degrading a condom.
Canna Shea 420 CEO, Andria Williams, is pleased to announce that Canna Shea 420 has agreed in principle to become part of the NGCG Holding company. We are extremely excited to be part of the initial three companies that will be part of NGCG. We are very excited about the opportunity to have access to funding that will accelerate our growth.
Williams stated that in the first 7 months of operations they have generated over $300,000 in revenue. She stated the company has been working with a major National distributor to produce a CBD only version of our products.
Williams said, "With the help from NGCG we want to be positioned with a National distributor when marijuana is legalized."
Canna Shea 420 - http://healthandwellness420products.com/
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.
CONTACT:
Tom Kim
CEO
New Generation Consumers Group, Inc.
info@newgencg.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New Generation Consumer Group, Inc.'s Urban Mining Ventures Announces Joint Venture Partnership With Victory Resources Corp.
Aug 31, 2016
OTC Disclosure & News Service
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New Generation Consumer Group, Inc.'s Urban Mining Ventures Announces Joint Venture Partnership With Victory Resources Corp.
LOS ANGELES, CA--(Marketwired - Aug 31, 2016) - New Generation Consumer Group, Inc. (OTC: NGCG) ("NGCG" or the "Company"
, who has recently changed its name with Delaware SOS to Urban Mining Ventures Inc., is excited to announce a new Joint Partner, Victory Resources Corp. (TSX VENTURE: VR). Victory Resources Corporation is a growth focused mineral company creating value through the exploration and development. The Agreement will provide the company a twenty-five (25%) percent interest in the mineral rights to the V-LITH mineral property which consists of 29 claim units totaling 464 hectares (1147 acres).
The Property is located between Rich Lake to the south and Opikeigan Lake to the north in the Thunder Bay Mining District and Rich Lake Township in the north-central portion of the province of Ontario, Canada.
In the initial exploratory work on the Rich Lake property it has shown to host numerous pegmatite dykes which have been explored for their lithium and precious metal bearing mineralization. The Lilypad Lakes pegmatites do host lithium minerals as reports of a 10.4 meter drill intersection assaying 1.08 percent Li20 in a drill hole intersection and assays as high as 2.05 percent Li20 and 4.45 percent Li20. Historically, on the Rich Lake ground, a sample taken from a structure exposed in a shaft returned an assay of 1.0 ounces gold per ton.
Mr. Kim and his advisors have been working several months on the details of Joint Venture with Victory and their CEO Roger Frost. It was decided from reviewing the initial exploration information that there is sufficient evidence that the V-LITH property has significant Lithium deposits to proceed with a exploration program which is estimated to take two to six months to complete and produce a NI 43-101 report. The company will contribute $100,000 for the completion of the NI 43-101 report.
Mr. Kim is extremely excited about the potential for the Victory project and future announcements concerning Victory and Mr. Frost. According to Kim "This new alliance forms the foundation which I needed to catch the attention of my partners overseas and as I forge ahead with my plans to become further involved with our new partners from Canada. Based on my long history with my friends in Hong Kong, I am confident that I will receive the support to take this project to the next level." Victory CEO Roger Frost stated, "The Company is elated to form a partnership with Urban Mining Ventures Inc." Mr. Frost believes with lithium becoming one of the top resources in the future of mining, the joint venture agreement will help propel both companies to become a force in the mining industry.
Mr. Kim is currently in talks with two separate overseas groups who are claiming to have process equipment which will enable the efficient dismantlement and reclaim processes used in asset recovery which until now was only available through the use of labor overseas. While he is currently in the vetting process, it seems that fundamentally the equipment seems to meet both economic viability tests and would be complicit with the more stringent North American environmental requirements.
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.
CONTACT:
Tom Kim
CEO
Urban Mining Ventures, Inc
213-622-3133
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New Generation Consumer Group Announces Corporate Update on Company Direction
Aug 09, 2016
OTC Disclosure & News Service
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New Generation Consumer Group Announces Corporate Update on Company Direction
LOS ANGELES, CA--(Marketwired - Aug 9, 2016) - New Generation Consumer Group, Inc (OTC PINK: NGCG) would like to announce a new opportunity that materialized from a current project Mr. Kim has been involved with. This will be a major change in the direction of NGCG.
Mr. Kim's first course of action was to restructure the company as was explained in a previous shareholder update. That has proven to be more difficult and time consuming than first thought. The good news is that the company has overcome many obstacles and has accomplished several goals and the company is now moving forward.
After much deliberation by Mr. Kim and his advisors he has decided the previous business model wasn't viable for growth of a public company as he had envisioned when he took control of NGCG. With Mr. Kim's many business interests in the US, Philippines, Hong Kong, China and Canada he has decided that in the best interest of NGCG and the shareholders that the company enter into to the mining sector and in particular Lithium mining in which Mr. Kim has many opportunities for NGCG.
Mr. Kim decided to focus the company on the mining sector after months of research. He decided that becoming involved in real assets would benefit the company and shareholders financial assets, as real assets are at a 100 year low compared to financial assets.
Here are a few interesting facts about the Lithium market.
The global lithium-ion battery market is expected to generate revenue of $46.21 billion by 2022, with a CAGR (Compound Annual Growth Rate) of 10.8% during the forecast period (2016-2022).
Asia-Pacific is the largest revenue-generating region in this market followed by North America. Further, the Asia-Pacific region is likely to exhibit the highest growth, with a CAGR (Compound Annual Growth Rate) of 12.4% during the forecast period. The growth would be driven by the rising demand from consumer electronics segment and increasing number of electric vehicles (EVs) in China, Japan, and India.
The price of 99 percent-pure lithium imported to China has increased 42 percent in the last six months.
Since Mr. Kim has decided to take the company in a new direction there will be a delay in launching the new website. There is considerable work still to do as there will be a change in the company name, new logos and information about the Lithium mining sector. It is challenging but exciting times for the new NGCG.
Lastly, there is not going to be a merger, there will not be any Rule 504, Toxic or Floorless financing, it will be an asset purchase. Mr. Kim will announce the details in a formal press release in the very near future.
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.
Contact:
New Generation Consumer Group
1-213-622-3133
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New Generation Consumer Group Announces New Product Launch and the Revamp of Hemp Refreshers
Apr 28, 2016
OTC Disclosure & News Service
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New Generation Consumer Group Announces New Product Launch and the Revamp of Hemp Refreshers
WHITTIER, CA--(Marketwired - Apr 28, 2016) - New Generation Consumer Group (OTC PINK: NGCG) announces the launch of a new product and the revamp of Hemp Refreshers. NGCG is very excited to announce the launch of Pop n Hemp Sodas, their introductory product into the very exciting and growing category of custom sodas and the exciting future of new items that incorporate all Natural Hemp. Custom ready-to-drink beverages are the trend discerning consumers are increasingly choosing. More and more consumers are turning away from traditional artificial flavorings and high fructose corn syrup drinks in favor of the healthier options and all-natural choices. NGCG by entering this category will be poised and ready to capitalize from this exploding trend.
Tom Kim, NGCG CEO states, "This new product represents our focus in innovation. It also represents the creation of a new subcategory of products that will enhance the value we provide to both our customers and shareholders."
Pop n Hemp sodas will introduce two flavors; Green Apple and Root Beer. Pop n Hemp sodas will come in a classic 12 oz. long neck glass bottle and will be infused with all Natural Hemp and zero THC. Pop n Hemp sodas will be produced with all natural ingredients, pure cane sugar and natural Spring Water.
NGCG's Hemp Refreshers have been completely reformulated and will come out with new flavors; Lemon Lime and Cucumber Melon. Hemp Refreshers will be made with all natural ingredients, natural Spring Water and will also contains all Natural Hemp and zero THC. After extensive testing and to protect the quality of the Hemp Refreshers, they will be introduced in a 12oz. long neck glass bottle with a twist off cap. Both products will be delivered to Distributors and Stores in a 24 count master case
The bottler for both products has close to 30 years' experience in the custom beverage category. The bottling facility is a state of the art, FDA approved facility in California. By having the product bottled in California the NGCG Team has the ability to visit the facility regularly to ensure that the high quality standards of their products are always adhered to.
The U.S. market for Hemp-based products has a highly dedicated and growing demand base, as indicated by recent U.S. market and import data for Hemp products and ingredients, as well as market trends for some natural foods and body care products. Available industry information indicates that sales of some Hemp-based products, such as foods and body care products, is growing. Growth in Hemp specialty food products is driven, in part, by sales of Hemp milk and related dairy alternatives, among other Hemp-based foods.
New Generation Consumer Group has also developed a brand specifically for .99 Cent Only Stores. This Michelada brand will carry the name Loteria, and will be available in Original Flavor and Spicy and will have all the same flavorful ingredients as Mucho Macho Michelada. Loteria was created as another brand from the Mucho Macho line. NGCG has already shipped a truck load, and has another one scheduled for this week.
The consumer environment impacting the soft drink industry is expected to see significant changes in the years to come. By viewing those changes as opportunities for business expansion NGCG will remain steadfast and focused on increasing brand value and developing new products to meet the demand of consumers. NGCG will implement, expand and accelerate various initiatives aimed at adapting to these changes.
Looking at the future of the soft drink market NGCG will create a business model that does not solely rely on price competitiveness and will rather focus on exciting, high quality and great tasting beverages.
Tom Kim has struck up a new deal for financing that will replace all previous financing. This new agreement will better position the company to continue to work on the additional products that are currently being worked on.
Kim further states, "By continuously enhancing our product line, we will be fulfilling the diverse needs of our customers through niche products in the ever changing beverage arena. NGCG will contribute to the beverage industry's multi-billion dollar enterprise." Kim further states, "We have more products in our near future, and are excited about bringing them to market. If I say that it will happen -- it will happen."
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, and our Snack Division. Mucho Macho features Mucho Macho Michelada Mix as its featured product. Our snack division brings consumers spicy and intense flavoring of noticeable quality for today's 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.
Contact:
New Generation Consumer Group, Inc.
ir@newgencg.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New Generation Consumer Group Announces Call With the CEO
Apr 12, 2016
OTC Disclosure & News Service
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New Generation Consumer Group Announces Call With the CEO
WHITTIER, CA--(Marketwired - Apr 12, 2016) - New Generation Consumer Group (OTC PINK: NGCG) -- New Generation Consumer Group, Inc. announces a scheduled conference call with all investors and future investors for Thursday, April 14, 2016 beginning at 10:30 a.m. Pacific Daylight Time and will end approximately at 10:50 a.m. Pacific Daylight Time. During the call, New Generation Consumer Group's CEO, Tom Kim, will review and answer key concerns and questions pertaining to the direction of the company. Please address all prior questions directly to Tom Kim at tom@newgencg.com. All emails received after Wednesday, April 13, 2016 9:00 a.m. Pacific Daylight Time will not be taken into consideration for this call. This call will be a live call, however, there will not be direct communication to investors. All participants will have listen-only capability. To listen to the call, please dial (712) 432-0800, participant access code 762128#.
Agenda:
Opening of the meeting and formal introduction of Tom Kim
Brief overview of most recent events
Resignation of Charles Morrison and Calvin Ross
Return of over 250,000,000 shares back to treasury
Dissolution of Monster Marketing Group, Inc.
Discussion of company direction
Brief overview of company products, current and future
Additional plans and goals
Financials to include S1 filing and audit
Answers to emails received
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 and our Snack Division. Mucho Macho features Mucho Macho Michelada Mix as its featured product. Our Beverage Division will feature Hemp Refreshers, and will further introduce additional beverages for the beverage line up. Our snack division brings consumers spicy and intense flavoring of noticeable quality for today's 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.
New Generation Consumer Group, Inc.
ir@newgencg.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New Generation Consumer Group Announces Letter From the CEO
Jan 04, 2016
OTC Disclosure & News Service
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New Generation Consumer Group Announces Letter From the CEO
WHITTIER, CA--(Marketwired - Jan 4, 2016) - New Generation Consumer Group Inc. (OTC PINK: NGCG)
Dear Shareholder:
Time sure flies! A New Year is upon us once again and for many, it's a time for big celebrations and spending time with loved ones, for others it's about new resolutions and making promises to ourselves to be better than we were the year before. At new Generation Consumer Group, it's about setting positive goals, staying diligent, working hard and achieving greater success.
New Year's brings a clean slate, the ability to start anew. We have the opportunity to look back and evaluate the things that went wrong, could have gone different and even the things that went right. We also delve deeper to determine if there's one area that's stronger in order to grow steadily, and analyze the factors that are impacting the success and how they can be applied to other area's that may not be as strong and alter strategy paths to sustain stability during market turbulence.
We have recognized and determined how well our strategies are working and what needs to be changed in order to reach our goals successfully. We have learned and most importantly, have grown from our mistakes; which is always a positive benefit as we are aware of our responsibilities and recognize that how we proceed will ensure trust and commitment to the growth of our company, to our shareholders, and our customers.
I want my fellow shareholders to rest assured that NGCG has no intention of allowing the hurdles from 2015 to prevent us from capitalizing on and expanding upon our position as an industry leader and innovator. We intend to continue to improve our top and bottom line, and set ourselves on a prosperous future course that builds value, strength, and greater financial gains.
It gives me great pleasure to share our first steps in cementing our plan as we start the 2016-year. Currently we are in the process of returning over 375,000,000 (three hundred seventy-five million) executive shares to treasury. As many of you know, these shares would become available this month. NGCG feels it's in our best interest to stabilize our company foundation and rebuild our credibility with our shareholders and customers. In addition to returning shares to treasury, we will lower the authorized to 600,000,000 (six hundred million) from the current 750,000,000 (seven hundred fifty million). Your continued support and sharing our vision helps us to remain vigilant to positive growth and development.
Management is conscious of how quickly the months seem to pass. We have been entrenched in reviewing our year-end at all once. Moving forward, we will evaluate company goals mid-year. If something is not working, it's at that critical point to be cognizant of time. Allowing time to correct or redirect a potential issue to make a difference sooner, is better than recognizing the situation at the end of the year when it's too late to have an impact on the overall success. If something is progressing, we want to have the ability to enhance it and finish stronger. We understand that goals are not only important to our team efforts, but achieving them gives the reassurance to our shareholders and customers that New Generation Consumer Group is committed to being a business leader. We realize when you can see the progresses that you know you are receiving sound returns on your investment.
Additionally, reviewing goals is another way to project what the remainder of the year holds, and keeps our focus that we are moving in the right direction while having the ability and time to be even better. Company success is a direct result of the ways the management team combines their abilities. I am confident in my team's ability to leverage each other's unique talents and know they will deliver stellar results as we welcome the New Year.
New Generation Consumer Group has many more exciting plans that will start to be announced in the coming weeks and months. I look forward to sharing the anticipation and excitement as we usher in the newborn year.
As we start a new chapter, may the New Year give you the strength to face all challenges and the courage to adjust the sail to take every situation in stride as we look to a successful and profitable year.
Happy New Year,
Chuck Morrison, CEO
New Generation Consumer Group, Inc.
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 today's 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
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New Generation Consumer Group Announces New Leadership and Direction
Mar 24, 2016
OTC Disclosure & News Service
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New Generation Consumer Group Announces New Leadership and Direction
WHITTIER, CA--(Marketwired - Mar 24, 2016) - New Generation Consumer Group (OTC PINK: NGCG) -- New Generation Consumer Group Inc. announces today the appointment of Tom Kim as the company's new Chief Executive Officer to take effect April 4, 2016.
Through negotiations, it consisted of the immediate resignation of Mr. Charles Morrison in addition to Calvin Ross. Terms included the buyout of Calvin Ross's position, transferring complete ownership to Mr. Tom Kim. Additional terms of the separation agreement will be discussed later in the company's revamp plan.
Mr. Kim stated today, "My intentions are to focus on the restructure of NGCG and our products that can be created on a faster pace to generate immediate revenues and maintaining profitability. I will concentrate on driving solid top line growth that delivers leveraged earnings with a continued emphasis on quality and innovation in order to maximize shareholder value. This plan will be put in place not only to build a great company, but to insure shareholder benefit." Kim further stated, "I am confident that the team will continue to execute the planned strategy with distinction and that the company will enjoy continued success that benefits everyone."
Phil Longoria, New Generation Consumer Groups COO stated, "The board is excited about the company's new strategic direction and delivering a better product line up with solid growth. The board has complete confidence that Tom is the right person to be our next CEO."
Over the next couple weeks, NGCG will start communicating with shareholders about the direction it will be taking, restructuring the product line, in addition to setting new goals, and addressing transparency under new leadership.
NGCG thanks each of its investors for their continued support.
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 today's 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.
New Generation Consumer Group, Inc.
Corporate Relations and Retail Inquiries
Phil Longoria
ir@newgencg.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New Generation Consumer Group Announces $500,000 Financing and Distribution
Feb 08, 2016
OTC Disclosure & News Service
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New Generation Consumer Group Announces $500,000 Financing and Distribution
WHITTIER, CA--(Marketwired - Feb 8, 2016) - New Generation Consumer Group (OTC PINK: NGCG) announces today their signed agreement with Vican Foods Inc. Vican Foods Inc. is an established Canadian food-trade company who specializes in providing quality food products to buyers around the world through comprehensive logistics and transportation services. Vican Foods Inc. and New Generation Consumer Group have come to a very exciting agreement which provides the company with distribution in addition to a credit line investment to be used for product development up to $500,000.00 (five hundred thousand dollars).
The investment brings New Generation Consumer Group a total funding source plus distribution channels that will help the company aggressively expand its sales and marketing efforts as well as broaden and accelerate product development and placement.
With growing PO size, the anticipation of quadruple orders by 2nd quarter in addition to a Hemp Refreshers run, NGCG will build on this momentum and use the financing to continue expanding its product lines, accelerate product growth, sales and marketing resources, and continue evaluating strategic opportunities to grow the company.
Phil Longoria, New Generation Consumer Group's COO, states, "This is well-timed with the rapidly increasing demand for more products, and for the company to increase production size before the warmer months. Since this is a cash for cash agreement with Vican Foods, there is no need for any kind of toxic financing, nor is the agreement based off share issuance." Mr. Longoria further stated, "This is a major solution as we continue to clean up our current share structure; we felt it was important for the company to do business based off our quality and integrity, rather than diluting shares. Our plan is to continue to return shares to treasury, as we have already returned almost 100,000,000 to date which will reflect on 1st quarter financials. Vican Foods Inc., is a solution that extends our reach as we focus on US distribution for our brands, and by doing this will drive business results that shareholders and investors can steadily profit from."
Adam Krupp, Managing Partner for Vican Foods Inc., stated, "We are very excited to be working with NGCG. Vican Foods is pleased to enter into this agreement and looks forward to expanding the opportunities in addition to creating more volume that can be generated within both companies."
Phil Longoria, COO
New Generation Consumer Group, Inc.
** NOTE: Not all locations will carry Mucho Macho Michelada products due to the nature of this particular product. Not all stores carry items related to alcohol.
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 today's 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.
New Generation Consumer Group, Inc.
Corporate Relations and Retail Inquiries
Phil Longoria
ir@newgencg.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New Generation Consumer Group Announces Shareholder Update
Feb 01, 2016
OTC Disclosure & News Service
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New Generation Consumer Group Announces Shareholder Update
WHITTIER, CA--(Marketwired - Feb 1, 2016) - New Generation Consumer Group (OTC PINK: NGCG)
Shareholder:
New Generation Consumer Group has been very active since the New Year announcement. Our role here today is to frame the robust strategies we've put into place to deliver the kind of growth you've come to expect from NGCG.
We believe that a fundamentally important measure of our success is the shareholder value we create over the long-term -- which is why we have slowed down, taken a look from within. It has always been important that we grow steady and stable, but to improve outcomes, we cannot and will not be rushed. We have learned from our mistakes, and moving forward, we will not jeopardize our standards or integrity just to place a product.
Because of our team and our vision, NGCG is well-positioned to establish the leadership position in the Michelada Cup arena as the potential of this market becomes reality. We are quickly becoming a well-known brand in the Michelada Cup sector. We are achieving our goal to become the most desirable cup as we continue to execute our plan. It has been requested that we offer additional flavors for the Mucho Macho Michelada Cups. I am pleased to announce the other 2 flavors are ready for sale bringing the line to 3 flavors; Original, Lemon, and Spicy.
Currently, we are anticipating another reorder from the .99 Cent Only Store. We have seen steady success and the reorders are getting bigger. We expect to see many more as we approach beverage season and warmer weather. We have sent 10 pallets to Mr. Mato Distribution in Chicago, another 5 pallets have gone to Solchi Distribution in Las Vegas, and we sent a test pallet to Tennessee. Again, it's about slow and steady progress and calculating our risk, not rushing into where we are unfamiliar and take large chances that can be costly and counterproductive. We don't know how the product will be received in certain areas, so as we continue to test new markets, we will keep you informed of the locations and outcome.
The team left for Texas last week for a vendor trade show for several of the largest liquor marts and stores to meet with buyers and distributers to carry our products. This is our second time out and we received great reviews and feel we had another very successful trip. We will be testing Mucho Macho Michelada Cups in 2 AM/PM locations within the coming days. We will keep you informed of the actual locations once the product has arrived and is on the shelf. We continue to have discussions with a local 7/11 franchise group to carry our products as well. Once we have formalized a solid agreement, we will make the announcement with the details.
Hemp refreshers are getting closer to production as we are working with new formulation specialists and food chemists to insure superior product development. This has been a long process, but we have learned a lot. Production will start once we are absolutely sure we have a product worthy of standing with its competition in the marketplace.
The long awaited update on Excuse Vodka Liqueur is imminent, and we look forward to sharing the highly anticipated news.
We have a superior management team in place that is not only focused on product development but also the quality, efficiency and proper distribution to insure our products receive the most attention. We refuse to do things just for the sake of doing them. The results of our efforts will be very profitable for the company and shareholders and it will also provide a rapidly increasing product base with consistency and brand recognition that creates a solid investment. The developments of the next few weeks and months will be both exciting and fruitful for our company.
We are ardently pursuing our expansive growth and rollout of our products, leveraging our integrated platform while capitalizing on the diverse and growing opportunities for expansion throughout the United States. As we continue, we will continue to keep everyone informed.
As always, I thank you for your continued patience as well as your support as we continue our progress.
Kind Regards,
Phil Longoria, COO
New Generation Consumer Group, Inc.
** NOTE: Not all locations will carry Mucho Macho Michelada products due to the nature of this particular product. Not all stores carry items related to alcohol.
About New Generation Consumer Group, Inc.
New Generation Consumer Group, Inc. (OTC PINK: 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 today's 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.
New Generation Consumer Group, Inc.
Corporate Relations and Retail Inquiries
Phil Longoria
ir@newgencg.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
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