SOURCE: New Generation Consumer Group, Inc.

New Generation Consumer Group, Inc.

September 01, 2015 10:01 ET

New Generation Consumer Group Inc Announces Anticipated Co-Venture Agreement

WHITTIER, CA--(Marketwired - Sep 1, 2015) -  New Generation Consumer Group Inc. (OTC PINK: NGCG) announces today their highly anticipated Co-Venture Agreement with our Chinese Partner Hubei Nanjiazhai Agri-Tech Ltd. has arrived.

This agreement does not only take NGCG to another level, but it brings its shareholders and future shareholders to another level as well. This agreement is everything that was hoped for: first year sales are expected to be in excess of $4,000,000 USD and NGCG believes it is everything that has been anticipated. Agreement available for review at the http://www.newgencg.com website.

New Generation Consumer Group is very excited to be taking this step as it further confirms the executive team's dedication to the company, its products and their shareholders future.

This opportunity is paramount for NGCG in cementing the company's footprint as a true leader in the consumable products market. This rollout will be a monumental experience for all who are on board, as we are just in the beginning stages of many more great things currently in the works.

Charles Morrison, New Generation Consumer Group's CEO, stated, "This is a great opportunity for NGCG to expand our products into other markets. This agreement allows us to have another outlet to share the quality of our products with many more people in several different countries, and we look forward to expanding this relationship over the next 3 to 5 years."

Phil Longoria, NGCG's Corporate Relations Officer, states, "As we embark on this new and exciting venture, we will continue to keep all shareholders informed of all activity that is taking place. We are very fortunate to have this opportunity, and our executive team is dedicated to producing positive results for NGCG, our shareholders and future shareholders. In the time that follows, we can look forward to a very profitable ride."

Hubei Nanjiazhai also has the approval in the tea tree oil and other agri bi-products processes, packing and sales permits. It was established in 2008 and they have an import and export agent in the free zone of Shanghai.

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.

Contact Information

  • New Generation Consumer Group, Inc.
    Corporate Relations and Retail Inquiries
    Phil Longoria
    ir@newgencg.com