Replies to post #85021 on Ngen Technologies Holdings Corp. (fka NGRP)

[Magnum7419]

So we have it...... will Ngen offer more news to increase share price or not ?




"The second part shows how LIBE will make the debtors happy again. The 1:2000 reverse turns that 71.1B shares into 35,397,217 shares reserved for the debtholders, which is only a small percentage of the new 3B AS.

Of course, as the debtors begin to convert again, without significant news to spur buying interest, the price of LIBE/NGen stock will fall, and more shares will have to be reserved, which is why the statement about the 35M shares in the DEF 14 also states:
Quote:
Notwithstanding the foregoing, the Company may seek an increase in authorized shares of Common Stock as and when considered appropriate by the Board."

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