New Generation Consumer Group Inc (NGCG)

[FreezeThese]

That's the suit filed in Broward county last April: 60k note executed 1/30/15, settled for 70 million shares to Lorne.

That's the one I thought I was posting honestly, I didn't realize it was a new case until after I noticed the dates. The most recent matter was filed by Lorne Kalisky 12/22/15 re a 75k note executed 3/5/15. It's conversion price was a 35% discount to the average bid for the three consecutive business days prior to the date of conversion. They gave him 8k in attorney's fees and settled $83,000 for 16m shares ($0.0051ish).

You and pitts hit the nail on the head it being the new 'toxic' way. The settlement agreement exhibited on the joint motion filed by Lorne 1/8/16 is dated 11/6/15 - prior to the filing of suit.

They'd had it settled before it ever went to court.

http://www.clerk-17th-flcourts.org/Web2/CaseSearch/Details/?caseid=ODM2OTUyMg%3d%3d-0ojLjNNuOFU%3d&caseNum=CACE15022446&category=CV

All documents referenced are free to view