It appears that Santa Monica Venture somehow foreclosed on the company, CEO Carter has resigned from NGRP, that he and Clifford Rhee have sold their 33M shares back to the company for $1, and that there is some restructuring going on involving a $774K note issued to Santa Monica which includes warrants for 1.4M shares at $0.0000071149 per share.
I guess that the supposed revenues from the sale of mufflers and 3D modules wasn't to keep the company out of trouble, after all.
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