Third Bench Inc (THBD)

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NECA Great News! More updates coming soon... ATLANTA, GA - (NewMediaWire) - November 15, 2016 - New America Energy Corp. (OTC PINK: NECA), through its wholly-owned subsidiary Title King, LLC, proudly initiates the first step of the new three-step investor program by announcing the reduction of 1 Billion Authorized Shares.

This reduction will lower NECA's A/S from 3.9B to 2.9B in line with The Company's goal of creating more favorable share structure conditions ahead of new material developments.

As of today, The Company has also reached a 90-day Standstill Agreement with NECA creditors. The Standstill Agreement between The Company and its creditors is effective immediately. This strategic agreement means that there will be no new issuances of stock for the next 90 days. Furthermore, aggressive endeavors are underway to ensure minimal or even no issuances are necessary after the 90-day period is over. The NECA Transfer Agent remains open and ungagged for the general investing public.

Jeffrey Canouse, CEO of NECA, concludes, "I am very pleased that we will be lowering The Company's Authorized Shares and working with our creditors to secure this Standstill Agreement. These significant corporate changes are completely in line with our plan to return The Company back to fully reporting status while simultaneously creating the conditions necessary to cultivate and create fresh shareholder value."

The Company is excited to announce the second and third updates in our three-step investor program shortly.

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