WHITTIER, CA–(Marketwired – Aug 11, 2015) –
New Generation Consumer Group Inc. (OTC PINK: NGCG) — New Generation Consumer Group Inc. announces today company representatives have returned from a conclusive trip to Beijing, China. NGCG is excited to share with their shareholders and future shareholders the companies are currently drawing contracts and are gearing up for business.
Members of management met over this past weekend in New York to discuss the exciting details surrounding this Joint Venture, and have since returned to put all the commitments and verbal agreements into contract form to send out for final signatures. This Joint Venture distribution agreement will not only put NGCG products into several medium and large scale market places throughout many Asian countries, but NGCG will also be sold in top Asian airlines, high-speed railways, in addition to Chinese Universities via pre-packaged and ready-to-eat foods, and vending machines.
Phil Longoria, New Generation Consumer Groups Corporate Relations Officer states, “We have been thrilled thus far with the company’s growth trajectory, and are very excited to get to this point considering we are still such a young company. We have been very fortunate, and are seizing this moment in this game changing opportunity we have been presented with.” He went on to say, “Once the contracts have been signed, we will announce to our shareholders and future shareholders the name of the Chinese conglomerate, names of the locations, in addition to complete details of this pivotal time for our company. We expect to have fully executed contracts on or before September 1, 2015, at which time we will post all information with regard to this monumental agreement.”
In addition to the consumable products, NGCG’s Joint Venture Partners have agreed to provide the company with exclusive rights to market and distribute Tea Tree Oil under their own brand name. The distribution rights include North and South American retail sales markets. NGCG will be creating a new line for this unique product, and with distribution already lined up, this is another huge win for the future of NGCG and their shareholders.
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