NEW GENERATION CONSUMER GROUP ANNOUNCES COMPANY UPDATES
May 11 2016 - 9:00AM
InvestorsHub NewsWire
NEW GENERATION CONSUMER GROUP ANNOUNCES COMPANY
UPDATES
Shareholder:
New Generation Consumer Group announces today
the establishment of a new corporate structure intended to drive
revitalization and growth. There have been several changes, which
includes resignations of previous administrations effective
immediately. Tom Kim, NGCG’s CEO is currently pursuing strategic
partnerships to improve business operations to fill the
vacancies.
During this time, NGCG will be heavily focused
on its new business structure to significantly reinforce and
accelerate how NGCG’s business management operates moving forward.
There are several items that are being worked on from transferring
paperwork, updating information, changing accounts to moving office
locations. This is not something that will happen overnight, nor
should it be expected to. The company is working diligently to
complete the tasks at hand to efficiently complete the
transformation.
The new office headquarters will be located at
555 W 5Th St. Floor 35, Los Angeles, CA. NGCG will
regularly update the website with information pertaining to all
company news.
New Generation Consumer Group is still operating
and is committed to product development, quality, efficiency and
distribution. All vendors and buyers are being communicated with
and it’s business as usual when it comes to the products and
keeping the business operating.
The company is well aware of the current yield
sign, we have identified the issue and it has been corrected. The
yield sign is anticipated to be off by end of
week.
Tom Kim is actively seeking other avenues for
growth which will include acquisitions of other companies that will
be outside of the current food and beverage divisions. Tom Kim will
utilize his vast business relationships to insure that NGCG is
leveraging a diverse platform to capitalize on growing
opportunities for expansion.
Anything news or updates pertaining to New
Generation Consumer Group will be found on the website. www.newgencg.com.
About New Generation Consumer
Group, Inc.
New Generation Consumer Group, Inc. (NGCG) is a
marketing and media company that currently operates through four
separate divisions: Mucho Macho, and our Snack Division. Mucho
Macho features Mucho Macho Michelada Mix as its featured product.
Our snack division brings consumers spicy and intense flavoring of
noticeable quality for today’s particular tastes. Additional
information may be found at http://www.newgencg.com,
https://www.facebook.com/muchomachomichelada,
or https://twitter.com/MuchoMachoMiche.
Safe Harbor and Forward-Looking
Statements
This press release contains forward-looking
statements. Words such as "expects," "intends," "believes," and
similar expressions reflecting something other than historical fact
are intended to identify forward-looking statements, but are not
the exclusive means of identifying such statements. These
forward-looking statements involve a number of risks and
uncertainties, including the timely development and market
acceptance of products and technologies, the ability to secure
additional sources of finance, the ability to reduce operating
expenses, and other factors described in the Company's filings with
the OTC Markets Group. The actual results that the Company achieves
may differ materially from any forward-looking statement due to
such risks and uncertainties. The Company undertakes no obligation
to revise or update any forward-looking statements in order to
reflect events or circumstances that may arise after the date of
this release.
ir@newgencg.com
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