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I'm just pointing out the facts that nothing this CEO has said has come true, that is just cold hard facts.
I only clarified what the CEO said. Don't get all emotional.
It's been coming for over a year now, give it a rest.
They are trying to pump up the stock by emailing ceo and posting his responses here to create some action so they can sell. They did that a few months ago as well. Don't fall for it guys. Rumors and promises from this loser CEO mean nothing at this point. I hope they sell the shell to more credible people.
Interestingly, it appears the OTC Mkt site was updated 3/11/22 with no change in number of restricted shares.
I would love to know what the new share structure is, every time there is forward movement the certificate boys come out of no where and hit the sell.
I'll believe it when i see it, until then, no one should buy this POS on rumour.
Would be nice if the CEO provided an update to shareholders through an official PR
so much for updates this week. they taking us for a ride.
“Green light” from whom? Who’s running the company?"
Better question is, "Who's on first?" I still haven't gotten that straight! LOL.
“Green light” from whom? Who’s running the company?
In his words: “waiting for green light”, his “guess” was “this week.” Point is it’s coming. Now whether it’s good news or not we will see.
Maybe the CEO should consider providing shareholders with an update? Is that asking too much?
Words not kept for now
So was this a bunch on nonsense?
Not a good day for those certificate holders.
Oh look the jig is up and they started selling more.
It's BS don't listen, they want another round of hype over nothing so they can sell. We all need to have an ill believe it when I see it additiude.
“Green light” from whom?
Hopefully we get some news with substance and soon.
Yes, people should stay out of this stock until updates come, that way, if they want to off load stock they have to actually do something here so we can all profit and not just them.
All we get is rumors of news coming, worked out well to pump the stock price up so they could sell more, they are trying it again.
tiberius23, I wouldn't think so! However, all those restricted shares that were issued to everyone but Santa Claus could very well be off restriction by now, including his own 10M shares. No way to find out. I'll believe a merger happens when it happens, not before.
It would be nice if the CEO provides an update to shareholders soon
Just thinking out loud, does anyone think he will screw this up when he owns so much shares.
Daniel has had since the Elite deal fell through to put together a shell deal. That was almost a year ago since the deal actually fell through. It doesn't take this long to put a shell deal together. We'll see.
Same BS story last time few months ago. Updates coming etc nothing happened. Probably certificate holders working with the company to spread fake news.
hear this before
Undercut Paul just to P'$$ them off.
thanks for the update
I got a great response from the CEO a few minutes ago ...Updates coming early next week... https://t.co/6tTbG1Ta6B
Please. You spent years defending Kim and the crew of fraudsters that put him in place.
Never a good sign when Paul camps out on the ask for the fake 10K. I'll wait to average down when Paul gives up and goes away.
Well it was proven to be nothing since nothing happened.
Wonder what this was all about? Nonsense?
This pos is going to keep going lower until the company comes out with news and or a plan, do not average down, do not buy, this is bound for triple zeros.
Looked like short manipulation this morning. Robotic 10k hits on the bid. Then some retail holder gives up and throws down on the bid. Same story every time. Just waiting out the stupidity here and ready to take advantage of blood.
Don’t know. 0 volume today.
Annual report for 2021 issued today.
Does this mean more selling?
Do you have some kind of point?
New Generation Consumer Group, Inc. $NGCG (or the “Company”) is a full-service financial consulting and service corporation.
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 an
emphasis on niche based metals such as Lithium due to the growing demand because of the new energy storage
technology.
Basis of presentation
The unaudited consolidated financial statements of the Company have been prepared in accordance with the U.S.
Generally Accepted Accounting Principles (“U.S. GAAP”).
NOTE 2: STOCKHOLDERS EQUITY
As of September 30, 2021, and September 30, 2020, the Issuer’s outstanding and authorized common shares and
https://www.otcmarkets.com/otcapi/company/financial-report/309740/content
Amazing. Would be nice to get an update from the CEO soon.
shelby, correct. The certificates are probably in the process of having their restriction removed so they can send their new certificates to their broker and have the shares added to their account, now being free-trading. Not sure how many will do that.
Thanks. Weren’t the restricted shares issued 2/15/21 and 2/18/21 and therefore will become unrestricted 2/15/22 and 2/18/22?
shelby, per the SEC...
https://www.sec.gov/reportspubs/investor-publications/investorpubsrule144htm.html
Holding Period. Before you may sell any restricted securities in the marketplace, you must hold them for a certain period of time. If the company that issued the securities is a “reporting company” in that it is subject to the reporting requirements of the Securities Exchange Act of 1934, then you must hold the securities for at least six months. If the issuer of the securities is not subject to the reporting requirements, then you must hold the securities for at least one year. The relevant holding period begins when the securities were bought and fully paid for. The holding period only applies to restricted securities. Because securities acquired in the public market are not restricted, there is no holding period for an affiliate who purchases securities of the issuer in the marketplace. But the resale of an affiliate's shares as control securities is subject to the other conditions of the rule.
Do all restricted shares become unrestricted tomorrow?
.0055 added. MM STXG Ask .0118
Last time you said that it ran to .09.
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