NEW GENERATION CONSUMER GROUP ANNOUNCES COMPANY UPDATES

 

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 5^Th 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.
 
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