Ngen Technologies Holdings Corp. (fka NGRP)

[Magnum7419]

Speculation is Chip Rice is puting this together for Brian IMHO

10.1*



Securities Purchase Agreement dated June 28, 2019, by and between Greenfield Farms Food, Inc. and Carebourn LLC.



10.2*



$1,436,128 Convertible Promissory Note dated June 28, 2019, by Greenfield Farms Food, Inc. in favor of Carebourn LLC.



Not sure if cancelled but if it does come it appears to not hurt as bad IF you can get shares at .0001 IMHO

8k just out and my reseach is only 5 minutes now :)

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

Background



" From July 2005 Mr. Rhee has been the President and Chief Executive Officer of Ngen Technologies USA Corp. The Company had previously acquired certain technology assets from Ngen on January 4, 2018 and January 18, 2018, respectively, and on June 26, 2019, the Company acquired Ngen pursuant to the Share Exchange Agreement referenced above. Mr. Rhee now owns 495 or 49.5% of the Company’s Series E Preferred Stock which has conversion rights equal to 42.075% of the issued and outstanding common stock of the Company. Mr. Rhee also owns 1,000 or 100% of the Company’s Series F Preferred Stock. The Series F Preferred Stock does not have any conversion rights, but has super majority voting rights of the Company.



From February 2010 to June 2015 Mr. Rhee served as President and CEO, principle engineer and a director CTX Virtual Technologies, Inc. (“CTX”). From 1986 to 2009, Mr. Rhee held executive positions with several multi-national corporations whereby he was responsible for strategic business initiatives including mergers and acquisitions, turnarounds and growth. Mr. Rhee served as an independent director to Vermeer Korea (Construction equipment), Samsung Group (Industrial Products) and Oncidium Health Group (Medical services). Mr. Rhee is a graduate from McGill University in Mechanical Engineering and Certified Management Accounting program (C.M.A.) and is a registered professional engineer. Mr. Rhee has also been named the Interim Chief Financial Officer of the Company."