Ngen Technologies Holdings Corp. (fka NGRP)

[art35]

OK--I see it --

Upon the filing of the amendment to the Articles, the Company will have approximately 35,397,217 shares of Common Stock authorized and available for future issuances. Notwithstanding the foregoing, the Company may seek an increase in authorized shares of Common Stock as and when considered appropriate by the Board.a

key word---future issuance----therefor they will prbably increase the AS at some future time if they need more stock--

This is just like buying a pre-owned home and getting it prepared for the new owner---a little remodeling here and some new furniture over there---