Darryl Reed - Next Generation Chairman

NGMC Stock  USD 0  0.0002  16.67%   

Chairman

Mr. Darryl W. Reed is Chairman of the Board, Chief Executive Officer of Next Generation Energy Corporationration Mr. Reed was an officer and director of Company since April 2001. Prior to joining, his background includes seven years in the financial services industry. Mr. Reed formerly was with New York Life Insurance Company, and certain of its subsidiaries since October 1995. Such subsidiaries included 1A Eagle Strategies Corporationration, a registered investment adviser, where Mr. Reed worked from April 1997 until May 2000. Mr. Reed held several licenses in the financial services industry, including Series 7, 63 and 65. He has a BS in Finance from the University of Florida and an MS from the American College, Philadelphia, PA. Mr. Reed has not been convicted in a criminal proceeding in the last ten years. Mr. Reed has not been a party to any judicial or administrative proceeding during the past ten years that resulted in a judgment, decree or final order enjoining him from future violations of, or prohibiting activities subject to, federal or state securities laws, or a finding of any violation of federal or state securities laws. since 2010.
Age 54
Tenure 14 years
Phone703-372-1282
Webhttps://www.nextgenmanagementcorp.com

Next Generation Management Efficiency

The company has return on total asset (ROA) of (4.1735) % which means that it has lost $4.1735 on every $100 spent on assets. This is way below average. Next Generation's management efficiency ratios could be used to measure how well Next Generation manages its routine affairs as well as how well it operates its assets and liabilities.
Next Generation Management currently holds 115 K in liabilities. Next Generation Mana has a current ratio of 0.12, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Next Generation until it has trouble settling it off, either with new capital or with free cash flow. So, Next Generation's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Next Generation Mana sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Next to invest in growth at high rates of return. When we think about Next Generation's use of debt, we should always consider it together with cash and equity.

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Next Generation Management Corp. operates a medical marijuana dispensary in Hollywood, California. Next Generation Management Corp. was founded in 1980 and is based in Annandale, Virginia. Next Generation operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 3 people. Next Generation Management [NGMC] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Next Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Next Generation a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Information on Investing in Next Pink Sheet

Next Generation financial ratios help investors to determine whether Next Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Next with respect to the benefits of owning Next Generation security.