Edward Carter, the current Chief Executive Officer of the Company and Co-Founder of Ngen, commented: “We are very excited to finally have the opportunity to release to the market the results of our team’s hard work over the past several years. We will continue to make our investor base aware of corporate changes including our proposed reverse split, name change and symbol change as they occur.” Carter went on to say, “we feel these positive moves will position our company for a more realistic opportunity to up-list to a more senior exchange in the future. We also feel the proposed changes will maximize valuation and make our company more attractive to a new market of investors and institutions
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