WHITTIER, CA -- OCTOBER 14, 2015 -- InvestorsHub
NewsWire -- New Generation Consumer Group Inc. (OTC
PINK: NGCG) New Generation Consumer Group, Inc. (NGCG) is
pleased to inform to its shareholders that a ‘Consultant’ agreement
between Bout Management, LLC (BOUT) and NGCG has been made and was
executed on Tuesday, October 13, 2015. Des W Woodruff, BOUT’s
president, will serve as NGCG’s company consultant for a term of
one (1) year, with the option to extend this
term.
Companies that grow and thrive over the long
term usually do so because of a number of aspects, including a
clear sense of direction, market leadership, quality products, and
an effective business model that’s supported by vibrant
philosophies, solid business methods, and a talented team with the
ability to execute. NGCG is committed to continue to build its team
and strengthen its market share. NGCG welcomes Woodruff and all
that he has to offer.
Woodruff is a prolific businessman who is known
worldwide for his savvy investment strategies and skillsets. As an
entrepreneur, Woodruff has created and operated several businesses.
One thriving business Woodruff created is GrokTrade, a financial
education brand, which delivers both basic and advanced investment
education to traders globally online. Nearly 30,000 students have
been taught Woodruff’s trading/investment strategies. Woodruff has
been actively trading the live markets for nearly two decades and
is a respected institutional trader who helped managed securities
for sizable accounts. Along with running one of the nation’s
largest trading clubs, Woodruff is also a public speaker and has
his investment articles published for national
distribution.
NGCG purpose is to have Woodruff serve to help
it reach important benchmarks that are deemed important to most
investors. Woodruff says, “It’s important for NGCG to meet
important metrics for value investors who
follow fundamental analysis and look at both qualitative and quantitative
characteristics of a company to judge whether the business is
currently in or out of favor with the market and worth their
capital investments. My goal is to make NGCG a stock that many will
kick themselves for not buying earlier.”
Woodruff’s aim is to help NGCG strengthen any
current shortcomings, increase revenue, create value, maximize
growth, and improve business performance to gain favor and
attention with prospective new investors. Woodruff will deliver
recommendations for metric goals, new strategies, changes to
current strategies, management, and general operations of the
company. Woodruff will identify opportunities for NGCG and
recommend healthy directional changes geared to bring value to
NGCG’s shareholders.
NGCG’s management has agreed to compensate BOUT
and Ken Shamrock, Inc. (who will serve in a greater role as the
company’s spokesperson and commercial talent) with shares of NGCG
from their personal holdings instead of issuing new shares. BOUT
and Ken Shamrock, Inc. have agreed to accept all the shares as
restricted that span six (6) months to one (1)
year.
Phil Longoria, NGCG’s Corporate Relations
Officer states, “NGCG is very excited to have Des and Ken on board.
NGCG is focused on making solid moves that have impact, and we are
fortunate to have the market experience Bout will bring to enable
NGCG to continue stable growth by implementing strategic business
approaches that will benefit every stakeholder.”
BOUT
will be instrumental in helping NGCG achieve new levels of
performance. NGCG continues to initiate change in its culture, and
will continue to refine and develop its team to garner continued
growth.
________________
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 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.
Corporate Relations and Retail
Inquiries
Phil Longoria
ir@newgencg.com
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