Ngen Technologies Holdings Corp. (fka NGRP)

[QTRADERQ]

LMMFAO...The notes are not at 33% and 40%. SMH. You should apologize for your LIES. 10% per three month period simply means the 10% compounds every three months. They are all due in mid-to-late 2020 and will likely be paid off with cash. Here is a copy & paste from the 8-K.

On August 13, 2019, Ngen issued a convertible promissory note to More Capital, LLC, a Minnesota limited liability company, in the principal amount of $215,000. The note bears interest at 10% per three-month period with balance due and payable on August 15th, 2020.

On August 15, 2019 Ngen issued a convertible promissory note to Carebourn Capital, LP, a Delaware Limited Partnership (“Carebourn Capital”), in the principal amount of $215,000. The note bears interest at 10% per three-month period with balance due and payable on June 28, 2020.

On September 3, 2019, Ngen issued a convertible promissory note to Carebourn Capital in the principal amount of $69,875. The note bears interest at 10% per three-month period with balance due and payable on September 3rd, 2020.