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Replies to post #71432 on Ngen Technologies Holdings Corp. (fka NGRP)
AC7880
07/10/19 11:29 AM
#71433 RE: Magnum7419 #71432
"Luckily we have Norman Bour of VapeMentors involved (though he hasn't taken on an official role yet)
Either he will help see this deal through or introduce one of the other, larger, chains who've expressed interest, all of whom seem to be more sophisticated with the business plan and the public market."
"The Reverse Stock Splits, as approved by the Written Consent
"Main reason for the RS is the business model moving forward.
The plan is to acquire 40% stakes in additional vape shops
To do so would require a massive and expensive AS with the current share structure.
Also, due to the changes in the rules your average person can't even deposit a sub penny, and the price is too difficult for them to even understand the math. "