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NGHO SEC Suspension:
http://www.sec.gov/litigation/suspensions/2013/34-70784.pdf
Order:
http://www.sec.gov/litigation/suspensions/2013/34-70784-o.pdf
Admin Proceeding:
http://www.sec.gov/litigation/admin/2013/34-70785.pdf
Looking through some things I haven't checked into for a while, including NGHO and PLNU.
Things are, in a word, bad.
As it stands now,NGHO is a shell carrying over $8 million in debt. Jaques Mot is still running the show as far as I can tell, but the last 10-Q was filed on 8/14/2009. If you came here looking for a shell, there are cleaner ones out there.
PLNU is doing even worse it seems. According to the latest 10-Q and 8-K filings they are failing to make interest payments, are swimming in debt, and have holders of convertible preferred stock lining up to get their money. Oh, and they are planning a "reorganization" in which (among other things) they will no longer trade in US markets but move to a European exchange.
Time will tell how all this will end, but I suspect that it won't end well.
They have cut ties with Plastinum (at least as far as share ownership), although Jaques Mot is the CEO of both companies.
From 10-Q filed 5/15/2009 :
"At December 31, 2006, we owned approximately 94% of the issued and outstanding equity securities of Plastinum Polymer Technologies Corp., formerly known as Plastinum Corp. (“Plastinum”). On February 20, 2007, we effected a pro rata distribution (or "spin off") of Plastinum to our stockholders whereby our stockholders of record as of that date received one share of Plastinum common stock for each share of our common stock the stockholder owned, and the Company no longer owns any interest in Plastinum or Plastinum’s business. The results of operations of Plastinum have been included in these financial statements through February 20, 2007 and are presented as discontinued operations in the financial statements."
Well old buddy I hate to say it but I sold my 3,000 shares of this today and walked off into the sunset. Got sick of looking at it listed in my account. I'm gonna get my BHUB shares declared worthless stock too.
Like a rock this one has held up during the market blood bath.
Steady as she goes.
Some short sighted wacko jumped up and ran off our porch today, selling at .02.
If they got on our porch, I'd throw rotten fruit at them and then run them over with your new riding mower.
Huge day today. With all the volume pouring in can't believe more people aren't stopping by our front porch here.
You need 2 so I can race you.
LOL. Already have one but I guess two won't hurt.
Wait until they start buying to the left of the decimal point. We'll get you that John Deere riding mower then.
Up 100 % today with ask volume pouring in
Yep, my loyalty to this board is beyond question. I will also go down with the ship.
O/S should be anerexic after the split.
http://otcbb.com/asp/dividend.asp?sym_id=NGPX&dDate=8/1/2008&sDateType=ex_date
Man, look at the dumping!
I'm goin doin with the ship. Ain't no one messing with my block party
FLAVA FLAV!!!!!!!!!!!!
up 25% today. Holla!
MM's flushed this one hard today LOL.
I believe this is the highest it's been since I bought in. Flippin jugernaut here.
SOUND THE BELL. CHOO CHOO!
If anybody but the moderators post here they will automatically be banned :).
Bam! Another volume explosion takes us up to HOD close. Wonder why the MM's don't cut this one loose.
You know the sad thing? This is the most volume in months.
Still tassmo, I am enjoying these quiet moments. It's like picking daisies and eating a cheese sandwich.
LOL. Well maybe tommorrow I'll be back to even on this one.
That's right, mother fu<kers. Ain't nothing keeping this fine wine down for long.
Last Price (USD) $ 0.0013
Change ▲ 0.0006 (116.67%)
Bid 0.0010
Ask 0.0013
Volume 110,000
Day's Range 0.0012 - 0.0013
Well, at least the cheap PPS hasn't caused a bunch of commotion here. Still nice an quiet. Like when we were kids at my grandmas. Just sitting on the porch, watching the occassional car drive by.
Peaceful. Might even be worth the $60 I spent here.
Show me the money!!!!!!!!!!!!!!!!!!!
NEW GENERATION HOLDINGS INC
Price: 0.30 0.00 0%
Bid: 0.001 []
Ask: 0.0018
Open: 0.00
Volume:
NGPX 30000 0.30 9,000.00
Makes the account look nice until somebody figures out it was a mistake.
whatchoo talking about Willis?
Well I made $8955 dollars on this one today LOL.
Trading at .30 now.
We'll be alright unless they just start massively dumping.
Thanks for the link, but I can't watch it tonight, I am using my hand held because my in laws are here and they sleep in the room my computer is in.
Apparently my hand held doesn't have enough memory to load the video.
But still, it's been worth every penny for us to have our own private board, ya know.
This is just for you:
I've come to the conclusion it won't make a pinch of spits difference Bilg.
I don't think anybody will notice. The dang thing never trades.
Hell it's only a 1:10 r/s. My measly 300,000 shares ain't gonna move a mole hill, tassmo. In either case, I'm gonna ride it to hell...
Nice work. One man can move mountains pal. Maybe your vote turned the tide.
Because I am a American and believe in the power of the vote, Iparticipated in the shareholder meeting. That's right fools. I'm the man.
Below is a record of your vote instructions.
NEW GENERATION HOLDINGS, INC. Annual Meeting
Meeting Date: 07/07/2008 for holders as of 05/09/2008
Proxy Ballot:
01. DIRECTOR(S):
JACQUES MOT You Voted: For
MARCEL ROKEGEM You Voted: For
02. TO APPROVE AN AMENDMENT TO THE COMPANY'S CERTIFICATE OF INCORPORATION EFFECTING A 1-FOR-10 REVERSE STOCK SPLIT OF THE COMPANY'S COMMON STOCK.
You Voted: Against This Proposal.
03. TO RATIFY THE DEBT EXCHANGE AGREEMENT PREVIOUSLY EFFECTED BY THE COMPANY WITH ITS PRESIDENT AND CHIEF EXECUTIVE OFFICER, JACQUES MOT, PURSUANT TO WHICH MR. MOT EXCHANGED ALL OUTSTANDING CASH ADVANCES MADE TO THE COMPANY BY MR. MOT THROUGH DECEMBER 31, 2007 FOR 91,081 SHARES, ALL AS MORE FULLY DESCRIBED IN THE PROXY STATEMENT.
You Voted: For This Proposal.
04. TO RATIFY THE APPOINTMENT OF RBSM LLP AS INDEPENDENT AUDITORS OF THE COMPANY FOR THE FISCAL YEAR ENDING DECEMBER 31, 2008.
You Voted: For This Proposal.
05. IN HIS DISCRETION, TO TRANSACT BUSINESS THAT PROPERLY COMES BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF.
You Voted: For This Proposal.
Date Open High Low Close Volume Adj. Close* Jun-05-03 17.45 17.74 17.33 17.64 3,669,600 17.64 Jun-04-03 17.30 17.79 17.14 17.60 4,842,900 17.60 Jun-03-03 17.44 17.67 17.02 17.31 6,443,900 17.31 Jun-02-03 18.10 18.29 17.27 17.45 7,474,800 17.45 May-30-03 18.12 18.18 17.53 17.95 6,834,800 17.95=
Individual Number-of-Shares-Beneficially-Owned Percent* Jacques-Mot 949,582,076 95.0% Marcel-Rokegem 50,000 *% Robert=Scherne 79,637 *% Lombard-Odier-Darier-Hentsch-&-CIE 7,700,000 8.4% Alfons-de-Maeseneir 7,150,000 8.1 % All executive officers and directors as a group (2) 949,711,713 95=
They'll pry my shares from my cold dead hands.
No point in selling 45.00 worth anyway.
Any idea what the o/s will be after the split?
VOLUME!
That better not be you selling, tassmo...
0.0015 26780 OBB 13:10:32
Yeah, let's do it. Everybody that posts here other than us gets banned. This is our little vacation spot.
Hondo- when this thing runs, we should ban everybody so it'll still be our quiet little retreat.
OHHHHHHHHHH!.0018 +20%!
Don't spend it all in one place, Hondo.
Dang. Well that explains the volume surge this month LOL.
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5894853
1:10 r/s coming down the pike.
I'm sticking with it. For now...
Here's my little piece of this jewel. 30,000 shares LOL
2/6/2008 NGPX BOUGHT 20000 SHARES OF NGPX AT $0.002 ($0.20) $0.00 ($40.20)
2/6/2008 NGPX BOUGHT 10000 SHARES OF NGPX AT $0.002 ($7.10) $0.00 ($27.10)
LOL. You got that right. It'll get crazy one of these days. I just hope I don't miss the run. SOmetimes I forget to even check.
Dutch discussion board on NGPX- Last post was in November 2006, lol
http://www.goeroe.be/cgi-bin/discuspro/show.cgi?tpc=790&post=43998
I translated one of the posts using babel fish below
"Unbelievable companies makings the things that which minds and bottle caps are changed! Wishing many donkeys take interest in this and buy it as much as can. Grandma Pepsi wagonwheel for sure!" Hans Goetherings
You know what- it'll suck when this goes to .01. It'll go from our quaint little board to the explosive page replete with whack jobs, pumpers and bagholders just like the EXPT board.
Enjoy this time while we have it tassmo.
It's kind of like when you get married- you gotta clean out the basement, put away the bumper pool table and the beer fridge and start taking care of the kids.
It takes nerves of steel to hold this one through all this volitility.
Up and down like a yo yo here.
Yep. It just feels so relaxing here. Like sprawling out on my couch at home watching tv, dozing off.
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