NewGen BioPharma Corp. (NEWG)

[Big Brother]

The vast majority of these companies probably deserved to be suspended as they were more then likely share selling scams, p&d's, zombie tickers, etc....and there are dozens and dozens more currently trading on the OTC.

I personally don't believe NEWG should have been suspended, yes someone clearly dropped the ball somewhere but they never set out to defraud anyone IMO. In fact if NewGen(private) terminated this merger and moved on to go public through another shell company, I'd gladly line up to be one of the first buyers.

Whatever the case, I guess we'll have to wait and see what happens, they may still try and get this one reinstated, there are a lot of investors with big time $$$'s in this.