NGCG Announces Development of Spiritual Glow Smartphone Application by Signature Apps

Rhea-AI Summary

New Generation Consumer Group (OTCID:NGCG) announced that Signature Apps, its technology subsidiary, has started development of a dedicated Spiritual Glow smartphone application following NGCG's recent acquisition in the wellness and spiritual lifestyle sector.

The app aims to migrate key website features to mobile to increase subscriber engagement and customer retention, support recurring revenue, and strengthen Signature Apps' monthly subscription base. NGCG says in-house development will cut overhead, hosting, and maintenance costs versus third-party platforms, supporting leaner operations and improved margins. Management is evaluating additional app-based, subscription-driven acquisitions and will provide updates as development milestones are completed.

News Market Reaction

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1 alert

% News Effect

On the day this news was published, NGCG declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Annualized revenue: >$1,000,000 MoM growth: 15%–20% Spiritual Glow stake: 51% controlling interest +5 more

8 metrics

Annualized revenue >$1,000,000 Company update on Nov 25, 2025

MoM growth 15%–20% Reported company growth rate in Nov 25, 2025 update

Spiritual Glow stake 51% controlling interest LOI and acquisition updates for Spiritual Glow

Seller retained stake 49% LOI terms for remaining Spiritual Glow ownership

Target close deadline Jan 15, 2025 Outside date to close Spiritual Glow transaction per LOI

Planned closing window 30 days Aim to close 30 days after definitive agreement

LOI price reaction -20% 24h move after Nov 20, 2025 LOI announcement

Current price vs 52-week high -66.67% Price of $0.0004 vs 52-week high $0.0012 pre-news

Market Reality Check

Price: $0.0003 Vol: Volume 8,197,236 vs 20-da...

low vol

$0.0003 Last Close

Volume Volume 8,197,236 vs 20-day avg 13,656,725 (relative volume 0.6x). low

Technical Price at 0.0004 is recorded as trading below the 200-day MA value of 0.0000.

Peers on Argus

NGCG was flat over 24h while peers were mixed: AGIN down 21.77%, WHLT down 5.32%...

NGCG was flat over 24h while peers were mixed: AGIN down 21.77%, WHLT down 5.32%, others unchanged. This points to a stock-specific response rather than a broad sector move.

Historical Context

5 past events · Latest: Dec 02 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 02	App development update	Positive	+0.0%	Signature Apps begins developing Spiritual Glow smartphone app to boost engagement.
Nov 25	Acquisition update	Positive	+0.0%	Corporate update on advancing due diligence for 51% Spiritual Glow acquisition.
Nov 20	LOI for acquisition	Positive	-20.0%	Signed LOI to acquire 51% interest in Spiritual Glow digital brand.
Oct 29	M&A discussions	Positive	+0.0%	Talks to acquire multiple revenue-generating, subscription-based app companies.
Oct 16	Partnership launch	Positive	+0.0%	Partnership to integrate #MyRaadr anti-bullying app and compliance update.

Pattern Detected

Recent positive strategic and acquisition updates have often seen flat or negative next-day price reactions, suggesting a pattern of muted or contrarian responses to favorable news.

Recent Company History

Over the past few months, NGCG focused on building a digital, subscription-driven portfolio led by Signature Apps. Key steps included talks to acquire revenue-generating subscription apps on Oct 29, a purpose-driven partnership around the #MyRaadr anti-bullying app on Oct 16, and a signed LOI for a 51% stake in Spiritual Glow with a -20% next-day move on Nov 20. Subsequent corporate updates highlighted >$1 million in annualized revenue and continued progress toward the Spiritual Glow acquisition, culminating in the current app development announcement.

Market Pulse Summary

This announcement highlights NGCG’s next step after its Spiritual Glow acquisition by moving into an...

Analysis

This announcement highlights NGCG’s next step after its Spiritual Glow acquisition by moving into an in-house smartphone app to enhance engagement and recurring revenue. It continues a series of digital and subscription-focused moves, including the LOI for a 51% stake and earlier M&A discussions. Investors may watch for concrete milestones such as app launch timing, subscriber growth, and confirmation that reported annualized revenue above $1 million and 15%–20% monthly growth remain sustainable.

Key Terms

subscription-based, preferred stock, letter of intent

3 terms

subscription-based financial

"revenue-generating, subscription-based app and service companies"

A subscription-based business model charges customers a recurring fee—often monthly or yearly—for ongoing access to a product or service, like a magazine subscription or gym membership rather than a one-time purchase. For investors this matters because it tends to create predictable, steady revenue and lets analysts judge growth by how many customers stay, join, or leave over time, which affects company value and future earnings visibility.

preferred stock financial

"The LOI contemplates cash, a profit-based performance note, and NGCG preferred stock"

Preferred stock is a type of ownership in a company that typically offers investors higher and more consistent dividend payments than common stock. Unlike regular shares, preferred stock usually doesn’t come with voting rights but provides a priority claim on the company’s assets and profits, making it a more stable and predictable investment option. This makes preferred stock attractive to those seeking steady income with lower risk.

letter of intent financial

"New Generation Consumer Group Signs LOI to Acquire 51% Interest"

A letter of intent is a document that shows an agreement in principle between parties to work towards a future deal or transaction. It outlines their intentions and key terms, acting like a roadmap before a formal contract is signed. For investors, it signals serious interest and helps clarify expectations early in the process.

AI-generated analysis. Not financial advice.

PHOENIX, AZ / ACCESS Newswire / December 2, 2025 / New Generation Consumer Group, Inc. (OTCID:NGCG) is pleased to announce that Signature Apps, the Company's technology and development subsidiary, has officially begun work on a dedicated smartphone application for Spiritual Glow, NGCG's recently announced acquisition in the wellness and spiritual lifestyle sector.

The new application will modernize and streamline the Spiritual Glow user experience while expanding the company's digital footprint. By transitioning key website features into a mobile platform, NGCG expects to significantly increase subscriber engagement and long-term customer retention-two major drivers that support recurring revenue.

The smartphone application initiative is also expected to strengthen Signature Apps' financial performance. By offering Spiritual Glow's services on mobile devices, Signature Apps will gain a larger base of monthly subscribers, fueling higher revenue for both Signature Apps and NGCG's consolidated operations.

In addition, developing the app in-house offers major cost-efficiency advantages. By leveraging Signature Apps' internal team, NGCG will substantially reduce overhead, hosting fees, and monthly maintenance costs compared to managing a third-party mobile platform. These savings support a leaner operational model and improved margins across the company's growing portfolio.

Looking ahead, NGCG continues to actively evaluate additional revenue-producing, app-based companies for acquisition. Management believes that technology-driven platforms with built-in subscription models align with NGCG's strategy to expand its digital ecosystem, enhance recurring revenue, and build long-term shareholder value.

NGCG will provide updates as development milestones for the Spiritual Glow mobile application are completed.

About New Generation Consumer Group, Inc. (NGCG)
NGCG is a diversified holding company focused on acquiring high-margin, scalable businesses in the digital technology and consumer sectors. Through its subsidiary Signature Apps, NGCG is building an ecosystem of subscription-based applications designed to support sustainable long-term growth.

Forward-Looking Statements
Statements in this release may contain forward-looking information based on current expectations. Actual results may differ due to various risks and uncertainties. NGCG undertakes no obligation to update forward-looking statements.

Contact:
Investor Relations
New Generation Consumer Group, Inc.
Phoenix, Arizona
Email: InvestorRelations@ngcg.com

SOURCE: Signature Apps

View the original press release on ACCESS Newswire

FAQ

What did NGCG announce on December 2, 2025 about the Spiritual Glow app development?

NGCG said Signature Apps has begun in-house development of a dedicated Spiritual Glow smartphone application to migrate website features to mobile.

How does NGCG expect the Spiritual Glow app to affect subscriber engagement and revenue for NGCG (OTCID:NGCG)?

NGCG expects the app to increase subscriber engagement and long-term retention, supporting recurring subscription revenue for Signature Apps and consolidated NGCG operations.

Will Signature Apps develop the Spiritual Glow app internally or use a third party for NGCG?

Signature Apps will develop the Spiritual Glow app in-house, which NGCG says will reduce overhead, hosting, and monthly maintenance costs versus third-party platforms.

Does NGCG plan more acquisitions after the Spiritual Glow deal (OTCID:NGCG)?

NGCG stated it is actively evaluating additional revenue-producing, app-based companies with subscription models to expand its digital ecosystem.

What immediate financial impact did NGCG disclose for the Spiritual Glow app development?

The announcement anticipates higher monthly subscribers and cost efficiencies but did not provide specific revenue or financial figures.

How will investors receive updates on Spiritual Glow app progress from NGCG (OTCID:NGCG)?

NGCG said it will provide updates as development milestones for the Spiritual Glow mobile application are completed.