Next Generation Management Corp. (NGMC)

[grapeman]

Really a great find. I think they found out they can make more money pumping and dumping stock thatn through pumping the wells.
Again Reed's only experience is as a stock broker. Interesting that so many pump groups showed up in those days and did pages os message, never answering anyone who asked - " are the wells dry - oil experience of owners?" Instead the just burried those comments with pages of "to da moon" type remarks. Needs investigation if there was coordination, or if Reed and Sens started selling ath 50 on up.

Key for me was, "Another question Serious Speculators are asking is, since Darryl Reed and Joel Sens own about around 85% of the issued and outstanding NGMC stock, why are they paying themselves $500,000 to basically sell themselves Knox Gas? Didn’t they effectively just end up selling 15% of their actual ownership for the half million?"

INTERESTING INDEPENDENT ARTICLE ON NGMC

http://serious-speculator.com/2011/04/19/next-generation-energy-corps-acquisition-announcement-holds-promise-but-lacks-details/