New Generation Consumer Group Inc (NGCG)

[pitts77h]

It's in the latest Quarterly:

Authorized: 750,000,000 as of: September 30, 2018
Outstanding: 470,312,225 as of: September 30, 2018

Additional class of securities: Preferred Stock

Par or Stated Value: $0.001
Total shares authorized: 1,000,000
Total shares outstanding: 1,000,000

Of course, those numbers are unaudited but OTC Markets does say that the transfer agent has verified those numbers.

Kim (or the group that runs him) controls the company through the 100% ownership of those preferred shares. They have a 3,000 to 1 voting power. That gives him 3,000,000,000 votes. Yes, that is 3 BILLION.

Series A-2 Preferred shares are not convertible and each share has 3,000 votes per share in all matters put to the common stockholders as more fully described herein

Kim and his crew never mention those preferred shares, they only like to talk about the 55 million common shares he owns - as if they matter.

They don't. The preferred makes Kim the controlling shareholder.