Nexteligent Holdings Inc (NXGT)

[2tommy2]

On May 4, 2016, the Company entered into a purchase agreement with The Future Farms, Inc., a Florida Corporation to acquire a controlling fifty-one percent (51%) equity and voting position. The Company will make aggregate payments in the amount of fifty thousand dollars ($50,000) with twenty-five thousand dollars ($25,000) due upon signing and twenty-five thousand dollars ($25,000) due within 45 days of completion and issue 60,000,000 shares of restricted common stock upon completion of the acquisition. This acquisition is still pending.

Actually they don't own any of it. Do your DD

http://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=172174
Here is the link to their last Q and their last PR confirms in July what the Q said in March

The Company is continuing with its strategic partnership with The Future Farms despite the fact that its planned acquisition of that company has been further delayed due to various reasons mostly attributable to the temporary absence of the Company's chief executive officer last year due to illness and various other issues attributable to unmet conditions specified in the acquisition agreement.

Just the facts without wishful thinking and bad DD