Ngen Technologies Holdings Corp. (fka NGRP)

[Det_Robert_Thorne]

Yes, let's debate using the filings

Great news did you see where in the latest filings the overall debt was reduced by over 300,000 ? page ten

Convertible debt was reduced by $333.3K, but that reduction cost $911.6K, with the debtholders making an average of 173%.

The debtholders paid an average of $0.00061 per share, while selling them into the market for an average of $0.00167/share.

Did you see both parties agree to a 40,000 settlement on Eco Cab...thats alot better than 179,000 wouldnt one agree ? see page five

Yes, that's better, but at the end of FY2018, LIBE only had a bit less than $18K in cash, or less than half the amount required to pay the settlement, and so LIBE issued another $25K in convertible notes to Power Up Lending on November 19, 2018 (Page F-17). They needed to borrow more cash because:

Did you see where LIBE will receive 40,000 from the Integro deal !!!

According to that quote, LIBE should have received all of that $40K by April 6, 2018, a couple of days into 3Q/FY18, and since the company had only $18K by then end of the fiscal year, most of that $40K was already spent.