NEW GENERATION CONSU (OTCMKTS:NGCG) provided a corporate update to its investors and shareholders on current standings. It is working on an ongoing launch of its product lines to create a strong base which will help in boosting revenue for future growth.
The plans
New Generation will launch the bottle for their product line of Hemp Infused H420 Waters. It is the newest addition to the company’s exceptional consumable products base. The new domains, h420products.com and h420waters.com are being developed and are expected to be fully functional by end of May.
Excuse, which is Vodka based liqueur of New Generation, is looking to get approval for importation. The bottles are under process of being shaped for Vodka liqueur. The company is thrilled to launch Excuse into the market and is getting closer to transforming it into a tangible reality. It will form an important part of company’s innovative product lines.
The highlights
New Generation secured a supplied and received packaging for product line of Mucho Macho Michelada. The samples of salsa, sausages, spicy peanuts and chicharrones have been prepared and sent for tasting to get review on the quality. As of now, the snack line is being sold in over 200 convenience stores in the western U.S.
The company recruited an auditor in order to audit and file its financial statements with OTC markets. It has even retained a law entity to help it in submission of Form 10 with the U.S. SEC and to transform into an EDGAR filer. New Generation has made the payment to both the firms and the work is close to completion. Compliance and transparency is of great importance for the company’s future as it operates in the growing consumer products industry.
In last trading session, the stock price of NEW GENERATION CONSU (OTCMKTS:NGCG) declined more than 2$ to close the trading session at $0.0340.