Replies to post #57772 on Ngen Technologies Holdings Corp. (fka NGRP)

[TenKay]

An S-1 is a registration statement that registers an offering of stock. While they are used in IPO’s, they can also be used in a secondary offering of stock for existing publicly traded companies. In the case of an Equity Purchase Agreement, the S-1 registers any stock issued under it which allows it to be immediately free trading, assuming the S-1 is deemed effective by the SEC.