Next Generation Management Corp. (NGMC)

[livingston78]

Next Generation Management Corp. has $150k in current assets and $1,271m in current liabilities for a current ratio of 0,12 that makes it insolvent. This company has a very low revenue and increasing in adjustment to net income represent intentional distortion of the results to lure unaware investors. On February 3, 2014, the company issued 20,000,000 shares of common stock valued at $340,000 to the company president’s brother for consulting services, its shows us the intention of the insiders to manipulate the price. This is just another marijuana scam. Be aware of the low trading volume, it will be impossible to sell your shares.