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New Generation Consumer Group (OTCID:NGCG / related to FAGI) signed a Letter of Intent to acquire a 51% controlling interest in the digital assets and operations of Spiritual Glow, a digital-first brand currently held via a joint venture where Full Alliance Group (OTCID:FAGI) owns 51%.
The LOI contemplates cash, a profit-based performance note, and NGCG preferred stock; the seller retains 49% with an optional advisory role and NGCG holds a first right of refusal on the remaining 49%.
Parties will complete due diligence and aim to close within 30 days after a definitive agreement but no later than January 15, 2025.
New Generation Consumer Group (OTCID:NGCG) said on October 29, 2025 that its subsidiary Signature Apps is in active discussions to acquire multiple revenue-generating, subscription-based app and service companies. The contemplated deals aim to add recurring revenues, established subscriber communities, and monetization models to accelerate cash flow growth and support a faster path to profitability.
Management described the initiative as a strategic move to scale the digital product suite, expand market reach, and deliver near-term shareholder value; definitive agreements will be disclosed if and when finalized.
New Generation Consumer Group (OTC:NGCG) announced a partnership between its subsidiary Signature Apps and Top Floor to integrate the #MyRaadr anti-bullying app, aiming to combat youth bullying and promote safer communities.
Top Floor was founded by Gary Smith, Zach Andrews, and Larry Sanders, who will leverage their platforms for outreach. Signature Apps positions the collaboration as part of NGCG's purpose-driven digital portfolio.
NGCG also announced it is current on OTCIQ Markets, a compliance milestone the company says enhances transparency, investor communication, and opportunities for growth.
RAADR (OTC:NGCG), developer of the RAADR App for protecting children from cyberbullying and online threats, announced that Co-Founder Larry "Bone Collector" Williams will lead a nationwide brand ambassador initiative. The basketball legend and viral influencer will focus on recruiting high-profile social media influencers, professional athletes, and celebrities to support the company's anti-bullying campaigns.
CEO Jacob DiMartino stated that the company aims to extend its platform's reach to Washington, D.C., seeking to collaborate with the President on new cyberbullying prevention and cyber security initiatives focused on protecting youth from campus violence and suicide.
New Generation Consumer Group (OTC:NGCG) has announced that its subsidiary, Signature Apps, has filed a trademark application for QuickLend™, a metasearch platform targeting the $50 billion Merchant Cash Advance (MCA) industry.
QuickLend™ aims to streamline connections between MCA lenders and merchants through advanced search capabilities and web development tools. The platform features metasearch capabilities, improved user experience, and end-to-end automation solutions to enhance operational efficiency.
Additionally, the company revealed ongoing development of AI-driven updates for its RDAR app, focused on enhancing child safety features through advanced monitoring and alert systems.
New Generation Consumer Group (OTC:NGCG) has unveiled QuickLend™, its new Merchant Cash Advance (MCA) metasearch platform developed by its subsidiary Signature Apps. The platform aims to revolutionize the MCA industry by providing a Trivago-like comparison service for merchant financing.
QuickLend™ will serve both lenders and merchants through advanced features including secure application portals, real-time bidding tools, automated underwriting, and comparative offer dashboards. The platform is currently under development with beta testing planned for later in 2025.
The announcement comes amid significant growth in the global MCA market, which is projected to grow from $17.9 billion in 2023 to $32.7 billion by 2032, representing a 7.2% CAGR.
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