NEW GENERATION CONSUMER GROUP ANNOUNCES SHAREHOLDER
UPDATE
WHITTIER, CA -- SEPTEMBER 17, 2015 -- InvestorsHub NewsWire
-- New Generation Consumer Group Inc. (OTC PINK:
NGCG) New Generation Consumer Group Inc. announces update to
their shareholders with regard to the Co-Venture agreement with
China.
Shareholder:
As previously announced, New Generation Consumer Group entered
into a very exciting Co-Venture agreement with Hubei Nanjiazhi. Due
to the nature of this particular company and its location,
information was not easily found utilizing US avenues of search
engines, and even harder trying to locate in China. Many Asian
countries do not have certain types of websites or ways to Google
their information like US companies. However, New Generation
Consumer Group has heard you clearly and would like to take a
moment of your time to provide you with clarifying information to
aid in assuring you this deal is very real and is very much in
progress.
Since the initial press, NGCG Management was able to go back
Hubei Nanjiazhi and obtain the additional information that was
missing. Hubei Nanjiazhi is the corporate parent company, and whom
we have a Co-Venture with. Hubei Nanjiazhi has furnished us with
all the additional information on their sister company Equus Group,
who we also have an agreement with (please see NGCG website for
copy of Equus Co-Venture Agreement). Equus Group is who will be
handling all of the Mucho Macho product lines through their
distribution avenues, and through Nutri-Express; their co-developed
program that has a focus on the Southwestern Asian cuisine to
supply gourmet packs.
Equus Group is a Shanghai-based Southeastern Asian company
focused on food processing, education, catering and distribution.
Equus Groups distribution networks cover Beijing, Tianjing,
Zhejiang, Jiangsu, and Sijiazuang which covers the key
North-Eastern China markets, and Wuhan of Hubei and Chengdu of
Sichuan covering the key Mid-China markets. Equus Group has
distribution to social restaurant chains, canteens to universities
and canteens to government facilities (hospitals, police stations,
fire departments, etc).
Benny Ho, Nutri-Express Corporate Relations Officer states, We
look forward to our partnership and joint distribution with New
Generation Consumer Group. We will begin with placing Mucho Macho
products in our airline pre-packaged meals, as well as
incorporating the product line in our high-speed train food
service. Mr. Ho further stated, Equuas Group and Nutri-Express is
anticipating the return of New Generation Consumer Groups team to
get started on our venture.
Mr. Chuck Morrison, New Generation Consumer Groups CEO stated, I
appreciate your patience and more importantly, your continued
support while awaiting translated information. NGCG team will be
headed back to Hong Kong on the 21st for additional meetings with
our Asian partners to discuss next steps now that all agreements
have been signed. Mr. Morrison continued, I am very excited about
this wonderful opportunity; its one that we have worked very hard
on to obtain. I have complete confidence in my teams abilities to
deliver nothing but positive results as we expand our relationships
in the Asian markets.
Phil Longoria, NGCGs Corporate Relations Officer states, We
recognize the initial delivery of this news wasnt the way it was
expected. We apologize and understand the frustrations. I encourage
you to go to the company website to review the additional
documentation as it has been completely translated and is now
available for your review. Mr. Longoria went on to say This is a
very lucrative opportunity for NGCG, and one we arent taking
lightly. We will continue to keep all shareholders informed of all
activity that is taking place, in addition to a follow up update
upon our return from China.
NGCGs very own Monster Marketing has been tasked by Hubei
Nanjiazhi to create a website to be utilized in the US and in China
because currently Equus Group only uses the domain name as an email
server (for further information, please see the NGCG website for
the whois information). This website would include Equus Group and
its other companies, and will provide information for contact,
products and how to order. Information provided will be utilized in
the US as well as in China. This will be a major benefit,
especially to you, but also our partners, suppliers and to future
stakeholders.
Tea Tree Oil is another viable product line, and will be added
to the website. Hubei Nanjiazhai has the approval for tea tree oil
and other agri bi-products processes, to include packing and holds
sales permits. Hubei Nanjiazhai is an import and export agent in
the free zone of Shanghai and has provided NGCG the exclusive
distribution rights in North and South America. NGCG has the
ability to create and design their own brand name and label for
this product line.
All Equus agreements, company documentation, links and
website information can be found on the New Generation Consumer
Group website by the end of business day.
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, VIP Spirits, Monster Marketing, and our
Snack Division. Mucho Macho features Mucho Macho Michelada Mix as
its featured product. Our VIP Spirits Division will feature Excuse
as our premium liqueur brand. Our initial alcohol product will be a
Top Shelf Liqueur infused Premium Imported Vodka in a variety of
different flavors, followed by Excuse Whiskey. Monster Marketing
provides graphic design, web development, and brand management, in
addition to other various services to its clients to help them gain
more customers, increase sales, aid in selling products and
services and or to create brand awareness. Our snack division
brings consumers spicy and intense flavoring of noticeable quality
for todays 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.
Corporate Relations and Retail Inquiries
Phil Longoria
ir@newgencg.com