NEXT GROUP HOLDINGS, INC. (OTCMKTS:PLKD) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry into a Definitive Material Agreement.
On December 22, 2016, Next Group Holdings, Inc.s (NXGH)
subsidiary, Next Cala, Inc., completed the qualifying terms and
consideration to its AMENDMENT NO. 1 TO WHITE LABEL CARD
PROGRAM SERVICES AGREEMENT with Interactive
Communications International, Inc., a Florida corporation
(InComm), for use of the Mio licensed mark and retail
distribution of products at licensed retailers. InComm paid
$311,261.28 to Next Cala Inc. for the purpose of designing,
creating and marketing website, IVR, and mobile application
content for the Program. The Amendment modifies the original
Agreement listed in the 8k filing submitted to the SEC on January
15, 2016.
Item 9.01. Financial Statements and Exhibits.
| 99.1 |
AMENDMENT NO. 1 TO WHITE LABEL CARD PROGRAM SERVICES AGREEMENT |
About NEXT GROUP HOLDINGS, INC. (OTCMKTS:PLKD)
Next Group Holdings, Inc., formerly Pleasant Kids, Inc., through its operating subsidiaries, is engaged in the business of using its technology and certain licensed technology to provide mobile banking, mobility and telecommunications solutions to underserved, unbanked and emerging markets. The Company’s subsidiaries include Next Mobile 360 LLC (Next Mobile), Meimoun & Mammon, LLC (M&M), NxtGn, Inc. (NxtGn) and Next CALA, Inc (Next CALA). Next Mobile is a prepaid Mobile Virtual Network Operator (MVNO), which offers mobile voice, text and data services, as well as international calling services. NEXT CALA is a general purpose reloadable Visa Card. NxtGN is a provider of a multipoint high definition (HD) video platform. It researches, develops, builds, sells or licenses, and supports telecommunications software, equipment, solutions and services for PTTs, telcos, network operators, businesses, enterprises and other end users throughout the world. NEXT GROUP HOLDINGS, INC. (OTCMKTS:PLKD) Recent Trading Information
NEXT GROUP HOLDINGS, INC. (OTCMKTS:PLKD) closed its last trading session at 0.245 with 190,779 shares trading hands.
