New Generation Consumer Group Inc. is a US based metal/minerals company with a
primary focus on the rare metals, headquartered in Los Angeles, California. NGCG
specializes in metals such as Lithium, Gold and Silver. There will be a emphasis on
niche based metals such as Lithium due to the growing demand because of the new
energy storage technology.
New Generation is also positioning itself to become heavily involved in “Urban
Mining”. New Generation will focus on reclaiming electronic waste to recover lithium,
gold, silver copper and other metals.
New Generation will concentrate it’s effort on increasing shareholder value with
asset based acquisitions of mineral property rights and Joint Ventures with
established mining companies. In addition to acquisitions of electronic waste
New Generation Consumer Group Inc.
555 W 5th St 35 FL
LA. CA. 90013
Email: email@example.com or firstname.lastname@example.org
Tom Kim, native of Beverly Hills, California and father of 4 has been an entrepreneur since childhood. Following a brief career at his parents retail locations in Los Angeles, Kim decided to launch a clothing line called FB County in 80’s. His experience at "Modern Pants" combined with his visionary skills enabled Kim to build FB County into one of the west coast’s premier urban wear apparel companies in the 90’s.
Through his close personal relationships cultivated with childhood friends in Hong Kong, Kim has taken on the role of a trusted corporate “Fixer” to one of Hong Kong's largest distribution conglomerates'. This has contributed to an extraordinary Rolodex in the Asian Pacific business community. In addition, this has enabled Kim cultivate a exceptional understanding of Asian business culture.
Kim is also a investor in JSBP Metals & Recycling, Inc. Located in Los Angeles, CA.
In 2016 Kim had made a decision to invest and resurrect a fledgling beverage company that was presented as a opportunity with great potential and subsequently acquired control of NGCG, where he is CEO. After heeding advice from his contemporaries abroad he decided to shift the focus of the company to the mining and recycling sector.
NGCG Security Details
| ||Market Value1 ||$2,777,249 ||a/o Aug 12, 2016 |
| ||Authorized Shares ||750,000,000 ||a/o Mar 31, 2016 |
| ||Outstanding Shares ||694,312,225 ||a/o Mar 31, 2016 |
| ||-Restricted ||Not Available |
| ||-Unrestricted ||Not Available |
| ||Held at DTC ||Not Available |
| ||Float ||204,284,342 ||a/o Jul 31, 2015 |
| ||Par Value ||Not Available |
NEW ERA FOR NGCG
STAND-BY FOR FURTHER
This is a new era for NCGC as I strive for more transparency as we move forward. First, I had some housekeeping/cleaningissues I had to address, which lead to the eventual resignation of 4 NGCG employees. Im currently engaged in interviewing competent replacements as I believe that a solid team is the key to success of any corporate development. I am a firm believer in keeping administrate expenses in check so as to run a lean and efficient company.
The Joshua Manangement Group ad Andrew Coldicutt have been dismissed and I am in the process of vetting new legal and accounting support for the company. As I have previously mentioned, this is my first endeavour with a publicly traded com[any, and as such the current representation I work with is lacking the specific designation required to advise and council such companies. I am confident that we will soon engage the proper accounting firms and Law firms which best fit NGCG's needs.
I wanted to explain a few items in the financials that further clarification.First and foremost, I have been working wight he transfer agent to get an exact count of the Outstanding shares. In analyzing the Shareholder its (NOBU) and the Transfer list and control sheet I noticed the following . There was a question about the 232,000$ loan and where the funds ended up. They were addressed on the Cash Flow statement. Each of the $200,000 and $32,000 were non toxic and therefore weren't floor less Convertible notes. There was also a Question about Lorne Kalisky and he number of shares he controlled and why he wasn't listed as a beneficial owner. After careful review of the NOBU list there were not any significant blocks of shares in his name and can only conclude that he has liquidated or has control of stock in other entities. This was the individual who introduced me to the company and while we do have a business relationship, I am not privy or interested in his personal financial situation. Furthermore there was a issuance if 400 million shares on 01/21/2015 and on 10/04/2014 and a subsequent Reverse Split 1:1000 where the outstanding shares became 1 608 756. It appears that the 400 million shares were issued to Calvin Ross, Phil Longoria and Mike Berio, for a total of 352,230,000. From 01/20/2016 through 07/14/2016 there have been 306,500,000 shares cancelled. While I still have further analysis of the NOBU lists, I will keep the shareholders updated with any further details as I find them. As has been mentioned, we are working on an agreement with a Lithium mining company, we are anxiously awaiting news from them pending review from their lawyers review.