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Re: BullishGuru post# 71899

Wednesday, 08/07/2019 5:36:27 PM

Wednesday, August 07, 2019 5:36:27 PM

Post# of 86315
I never saw this coming !!!! what happened to Norm and CBD ?

How long have they been around ? any revenue? what do they do r sell?


Acquisition of Ngen Technologies USA Corp.



"Effective June 26, 2019, Greenfield Farms Food, Inc. (“we,” “us,” “our,” “GRAS,” or the “Company”) entered into and completed a share exchange agreement (the “Share Exchange Agreement”) with Ngen Technologies USA Corp., a Texas corporation (“NGEN”), the common stock shareholders of NGEN (the “NGEN Shareholders”) and Clifford Rhee (“Rhee”) and Edward Carter (“Carter”), whereby Rhee and Carter, prior to the Share Exchange Agreement, were each the holder of 500 shares of our Series E Preferred Stock. Pursuant to the terms of the Share Exchange Agreement, the NGEN Shareholders transferred and exchanged 100% of the common stock of NGEN in exchange for the allocation of the 1,000 shares of the Series E Preferred Stock (the “Share Exchange”). There were no new shares issued in the Share Exchange Agreement. The NGEN Shareholders, as a group, own 100% of the Series E Preferred Stock and our executive officers and directors, as a group, now own 990 of our Series E Preferred Stock representing 99% of our issued and outstanding shares of Series E Preferred Stock. The Series E Preferred Stock is convertible into 85% of our common stock under certain terms and conditions. Upon completion of the share exchange pursuant to the Share Exchange Agreement, NGEN became our wholly owned subsidiary".



Ngen, through its’ wholly owned subsidiary NGEN Technologies Korea, invents designs and develops innovative technologies and owns or licenses over 30 patents. Current products include state-of-art automotive muffler/silencer technologies and proprietary 3D mobile display module for smart phones and other telecommunication original equipment manufacturers. Ngen engages in the business of 3D technologies including automotive, mobile and display.

https://icrowdnewswire.com/2016/08/22/leader-3d-glasses-free-display-technology-ngen-technologies-uses-state-art-parallax-barrier-special-film-precision-slits-allowing-eye-see/

https://www.sec.gov/Archives/edgar/data/1440517/000147793219003852/gras_8k.htm

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