New Generation Consumer Group Inc (NGCG)

[AlanWeedspan]

A lot of emotion in the channel right now. This is how I see things:

First: There is no dilution. The only dilution that has occurred in the past three months was one single event. Two minutes before close on Jan 7, seven million shares were dumped that did not hit the tape until an after hours t-trade. Around the same time, OTC Markets showed an update of the share structure where 7 million shares moved from restricted to unrestricted. That is insider selling, and clear dilution.

After that, market maker STXG continued to sell down the bid and absorb on the ask. However, there were no further t-trades or any other signs of dilution. The OS has not been changing. I believe what STXG is doing is moving common shares.

Where did STXG get the common shares? About a year ago, the OS increase 155M shares (see Section 3A of latest financial report). Any outstanding debts on the shell were covered with issued common shares. My theory is that some of these shareholders are selling through STXG.

Someone who reached out to Daniel Sobolewski asked him about the status on the shell. He said there was a previous debtor who has been now paid in full. Sobolewski and Currier cleaned out the rest of the skeletons.

My guess would be that STXG doesn't have much longer to go. Anyone who wanted to immediately ditch their shares would have already done so. Just because someone is holding unrestricted shares does not mean they are ready to sell. At some point there will be a new story on this shell. And when that happens, many of those shareholders may want to sell much much higher. If this is the plan, then they will pump and promote the shell to get the price up. And everyone here will benefit.

But if you look at L2 and the tape, STXG is barely even top ask. Retail OTC traders are literally leaping in front of one another to undercut STXG. This is causing a small, low-volume panic as buyers wait for the selling to subside. Check L2 throughout the day. STXG barely getting sells in now. Majority of it is retail OTC traders. STXG gets pushed back easily on just a couple ask hits.

At some point there will be updates, price will pop, and everyone will wonder why they did not take advantage of these cheaps..... Nothing to fear but fear itself.

[SIRCASHALOT]

They won't let it form a base and bounce back, every time they just press the sell button, disgusting.

[PennyRookie0]

Looks like we're effed.

[SIRCASHALOT]

Don't buy this crap, dilution fest.

[SIRCASHALOT]

Don't buy after he gone also, they will just come back.

[TB]

MM STXG stands at 0.005 in the bid. I'm waiting for 0.005 and lower

[TB]

MM STXG since about 0.015 in Ask.Now we are days later at 0.0079 STXG in the ask.I won't buy again until MM is gone.

[SIRCASHALOT]

Now that the cat is outta the bag they are selling faster LOL

[tiberius23]

You're absolutely right about that. Let's hope next the selling will dry up.

[SIRCASHALOT]

Looks like more selling is the theme for today, as the company twiddles its thumbs.

[SIRCASHALOT]

i want to get in on the complaining.

[Old Tymer]

I-Glow, yes, that rings a bell. My memory is a little foggy, but JAG is definitely familiar and so is that last name. Can you fill in the blanks? I want to know where the hell all those people came from! They were paid this amount for 'consulting' from back on 2-15-2021! What the hell did they consult on? Nothing has happened? This is total bs! After I spotted this the last time I sent an email to Daniel, bitterly complainging about all those shares. He said, don't worry, I'll handle it! Really? The shares had already been issued. What the hell is he going to handle after the fact? That was an obvious attempt to stall. I am really not liking any of this. If this turns out to be yet another scam, the SEC, FINRA and the OTCBB are going to get complaints from me. This is my last penny stock. After this, never again. Grrrrr! LOL.

Hope life is treating you well!

[I-Glow]

Isn't Guitierrez also the last name of JAG?

[2014shelby]

Interesting. Would be nice if the CEO provided an update to shareholders

[SIRCASHALOT]

What you say makes a lot of sense, wouldn't be the first time someone pulled off crap in the OTC, that's why too much research is not a good thing. They put out the bread crums to pop the stock then we left holding the bag.

[Old Tymer]

SIR, Elite Beverage issued a pr back on 7-26-2021 stating it had nothing to do with NGCG. Regardless, we're going on 6 months now that he has been working on a merger. Having spent around 6 years in the M&A business myself, 6 months is starting to stretch it.

However, I believe what most of you believe - Elite was indeed working on a merger with NGCG. The CEO's name and address appeared in the company profile. Tom's information vanished. Now, Luis Cota issued that pr in July, only after receiving lots of emails and phone calls, etc. I suspect that deal actually fell through somewhere around May or June of 2021. If you use those dates, now we're talking about 10 months or so. I can tell you from experience that it does not take 10 months to close a shell deal, especially with a shell like NGCG. The longest I can remember is about 6 months and there were multiple problems with that one.

I had confidence in Daniel for a while, but now not so much. Have you seen the incredible number of people and shares that suddenly appeared in their filing? I posted it once before but no one seemed to notice. Look at all the people who have restricted shares, in other words, notes that were converted to restricted shares. A total of 13:

https://www.otcmarkets.com/otcapi/company/financial-report/309740/content

Tom Kim's sons have a total of 31,000,000 shares for 'debt conversion.' Hunter Kim once told me he had nothing to do with NGCG. Most of the other names I have never heard of. Where did they come from? Look at Tom Kim. Detomaso Automobile and "Frisco County Inc." Frisco County is his old clothing business which he hasn't had for years. Why is he giving himself 23,000,000 shares?! Here is some more info about all the 'grifting' that appears to be going on, some maybe illegal:

2) Jim Baiseri, ERA Consulting LLC., issued 20,550,000 shares?! (I have never heard of any consultant receiving that many shares for consulting. That is completely absurd!)

3) Juan Carlos Guitierrez, Execupro Associates. Yet another consultant who was compensated 18,000,000 shares?! Oh, and it gets better! Look who the CFO of the company was, none other than Jim Baiseri, head of ERA Consulting LLC! That’s a total of 38,550,000 shares for 2 consulting firms, where one guy, Jim, works for both companies? Who are they kidding?

We seem to have a whole of 'grifting' going on at the shareholder's expense! Someone is handing out tens of millions of shares like it was candy! And just wait until all those shares hit the market!

In regards to Tom Kim, he had issued to himself a total of: 71,000,000 shares! Bullcrap! 23M shares for DLJ Capital? I checked. Doesn't appear to exist. This is a total fracking ripoff!

And if you notice, the date those shares were issued was on 2-15-2021 and 2-18-2021. In fact, I'm now beginning to wonder if Elite Beverage was ever involved. Maybe Mr. Cota was right when he said he had nothing to do with NGCG. Maybe someone from NGCG forged Luis's info in the company profile? Hoping to get a big pop? We're in the stinky pinkies folks. Hard to trust any of these snakes!

Take this however you want. You make up your own mind.

[Old Tymer]

Monroe1, LOL. I love that song!

[SIRCASHALOT]

My message is to the diluters, please try to close it 1 cent or more FFS

[SIRCASHALOT]

HE did say he is working on something at least, so that's something positive.

[illflyifyoubuy]

You know. The SS is not terrible. I just need more transparency on why they are diluting. Are they diluting for the merger deal? What's the progress on the the merger?

Instead. Radio Silent. While I was pleased to hear from Daniel. It was simply not enough. No time frame, just It will be announced when it's announced. And with dilution happening. I need more transparency from the CEO.

Hence my decision to get out for now.

[SIRCASHALOT]

Thanks for pointing out the clear dilution here, i been pointing it out for months

[illflyifyoubuy]

Once STXG retreats or disappears. I have free cash flow to buy when that time comes.

[PennyRookie0]

Wow, that's a surprise. You've been rock solid on this for months, even within the last couple of days. Good luck.

[illflyifyoubuy]

Most of it with STXG at the helm. He has been walking the ticker down the last 4 days.

I just can't go on a rumor for me to continue having my shares devalued.

[PennyRookie0]

You cashed out of NGCG?

[AlanWeedspan]

Anybody selling under .01 gonna be cryin. STXG holding the line at a penny. Once he's dry, this rebounds hard.

[illflyifyoubuy]

Yeah. With MM STXG still on the ASK. I got out and reallocated my money to a better Crypto mining stock.

We are just going on Rumors with $NGCG. Not enough for me to stay in.

[Monroe1]

I got one too. Here it is.

[illflyifyoubuy]

I mean. We can see the unrestricted stock has increased which means dilution.

https://www.otcmarkets.com/stock/NGCG/security

MM STXG has been on the ask the last 3 days diluting walking the pps down.

Once he exhaust all his shares and retreats or disappears. Back to business as usual.

[illflyifyoubuy]

I was getting spoofed. Had to update my handle. But here is the response from the $NGCG CEO.

@James_C12191 shared an email with me from the CEO of $NGCG. Quite frankly, I liked the response. When asked where to look for the update. He advise access wire. pic.twitter.com/6QCnBs42PG

— Daniel (@DanielMCharter) January 11, 2022

[SIRCASHALOT]

It was a mini Pump and Dump by a newbie.

[Old Tymer]

Illfly, I just clicked on the link you posted. He has deleted the entire thing! That doesn't bode well!

[Patrick Bateman]

You should research before you talk.

[KABOOM_TIME]

Look at the share structure. It has increased

[tiberius23]

If you're going to make such a statement you should present some fact or not make it at all.

[SIRCASHALOT]

He is working on how to dilute more slowly without tanking the price totally, I have been telling you all.

[tiberius23]

That's it, not even a date.

[Patrick Bateman]

He basically said leave me alone

[SIRCASHALOT]

Thanks for sharing. I trust in what your posting, only thing that remains to see is if he is speaking the truth. TIme will tell my friend.

[illflyifyoubuy]

I got a reply from the $NGCG CEO. The reply is on my page in the link below.

https://twitter.com/DanielM36809164

[SIRCASHALOT]

HA HA now that's funny.

[SIRCASHALOT]

BTW he made no update first week on the month either lol. What a bust.

[SIRCASHALOT]

It's been almost 2 weeks, nothing from the company it seems.

[tiberius23]

That's correct it stated we'll have an update the first week of January. I guess he ment first week of 2023.

[Monroe1]

There was no email as claimed with merger talk. No Twitter with merger talk.

[tiberius23]

What exactly are you trying to say.

[Monroe1]

which is why there is no email either with any merger talk.

[Monroe1]

You have nothing. I have posted emails from CEO's and other company executives never to have them deleted.

[illflyifyoubuy]

MM STXG is a real ball buster.

[SIRCASHALOT]

Looks like no news, just as i thought.