Ngen Technologies Holdings Corp. (fka NGRP)

[AC7880]

I also contacted the company (via their web page), with no response back yet.

The AS will be 3 billion shares according to what they revealed to you.

Here is the response from NGen regarding our issue. 20 minutes old :)

"As disclosed in our most recent Def14C filing with the SEC. Yes we did reduce from 6 billion to 3 billion and at this time we have made available only 35.3 million for future issuance, we may authorize to release more if we need additional shares and we can go up to 3 billion.

Thank you"

So factually the AS will be 3 billion shares. They will "make available" (for dilution) 35.3 million shares in the near term.

And they are warning that in the long term, they "may authorize to release more if we need additional shares and we can go up to 3 billion".