New Generation Consumer Group Inc (NGCG)

[Bubae]

DiMartino doesn't need subscribers to buy at $0.0007. The reg A is converting the notes that already have great terms. The CV3 Group note example below. $200K in principle with $150K cash to the company and DiMartino agreed to hand over an additional 100 million shares as a "commitment fee". These January 2025 notes have been earning interest and would now be in default.


List of notes page 29 of the reg A offering prospectus
https://www.sec.gov/Archives/edgar/data/1061040/000147793225003946/newgeneration_1a.htm


$200K CV3 Group, LLC note dated January 23, 2025
https://www.sec.gov/Archives/edgar/data/1061040/000147793225003946/newgeneration_ex61.htm

...in the aggregate principal amount of $200,000.00 (the “Note”); and...

...the Company wishes to issue 100,000,000 shares of Company Common Stock as a commitment fee (the “Commitment Shares”)...

...On the Closing Date: (1) Buyer shall pay the purchase price of $150,000.00 (the “Purchase Price”) for the Note, to be issued and sold to it at the Closing