CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for Next Generation Management Corp is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

Next Generation Management Corp
44715 Prentice Dr Unit 973
Phone: (703) 372-1282p:703 372-1282 ASHBURN, VA  20146  United States Ticker: NGMCNGMC
This company ceased filing statements with the SEC on 10/27/2016.
On June 6, 2014, Turner, Jones & Associates, P.L.L.C. resigned as the independent registered public accounting firm of Next Generation Energy Corp. The report of the Former Auditor on the Company’s financial statements for the years ended December 31, 2013 and 2012 and did not contain an adverse opinion or disclaimer of opinion, and such reports were not qualified or modified as to uncertainty, audit scope, or accounting principle except that such report contained an explanatory paragraph in respect to our uncertainty as to the Company's ability to continue as a going concern. Concurrent with its resignation on June 6, 2014, the Former Auditor notified the Company’s sole officer and director of misstatements in the Company’s previously reported financial statements for the fiscal years ended December 31, 2012 and 2011 that required correction relating to the valuation of the Company’s oil and gas leases. Upon receipt of the correspondence from the Former Auditor on June 6, 2014, the sole Director determined that the Company’s previously filed financial statements for each of the years and quarters in the fiscal years ended December 31, 2011 and 2012 should no longer be relied upon.
Business Summary
Next Generation Management Corp. is engaged in the business of oil and natural gas assets. The Company would focus on providing turnkey facilities including management, accounting and security services. In addition, the Company's wholly owned subsidiary, NextGen Cannabis Consulting LLC, entered into a lease for a new medical marijuana dispensary in Hollywood, California. It has 1,220 acres of mineral leases containing 10 shut-in well sin Knox County, Kentucky.
(Source: 10-Q)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/201412/31/2013YesYes---

Industries
SIC Code Description
7331 Direct mail advertising services
1311 Crude petroleum and natural gas

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, Chief Executive Officer Darryl W.Reed 42 1/1/2010 4/1/2001

Business Names
Business Name
Knox Gas, LLC
Nexgen Royalty Interests, LLC
Nextgen Cannabis Consulting LLC
NGMC

General Information
Number of Employees: 3 (As of 4/13/2012)
Outstanding Shares: 668,123,530 (As of 12/31/2016)
Shareholders: 98
Stock Exchange: OTC
Federal Tax Id: 880169543
Fax Number: (703) 644-6272


Copyright © 2023 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Tuesday, August 29, 2023