Ngen Technologies Holdings Corp. (fka NGRP)

[AC7880]

https://www.sec.gov/Archives/edgar/data/1503161/000149315219016616/form10-q.htm

Total current liabilities = 96,831,853

Total current assets -- = 32,952,046



Net (loss) income ------(-53,144,667)



Liquidity and Capital Resources

At September 30, 2019, the Company had current assets of $32,952,046 and current liabilities of $96,813,853, resulting in negative working capital of $63,861,807.

This compares to negative working capital of $7,4370,110 for the year ended December 31, 2018. The increase in negative working capital is attributable to a significant increase in the derivative liability of $62,555,020 in 2019.

So the filing pretty much sucks. But still better than having complete failure ex CEO Brian Conway involved.