Focused, Diverse, Disruptive.

NEXT| GROUP HOLDINGS INC. maintains a technology portfolio spanning multiple verticals. We innovate and market disruptive technology for the unbanked and underserved.

LONG DISTANCE CALLING
PREPAID CARDS & REMMITENCES
PREPAID MOBILE & DATA
MOBILE BANKING
HD VIDEO & TELEPRESENCE
Next Group Holdings Inc is a technology company which focuses on offering enhanced mobility solutions to the unbanked, under-served, and emerging markets. The company primarily operates through its subsidiaries: NEXT | CALA, a general purpose reloadable Visa Card, NXT | GN, a provider of a multipoint HD video platform and NEXT | MOBILE360, a provider of mobile voice, text, and data services. The company's mission is to enable a mobile lifestyle for everyone by providing a 360 integrated mobile experience and mobile banking solution. NGH operates under the slogan “ Live your mobile lifestyle.”.

Our business units

NEXT | MOBILE 360

NEXT|MOBILE360 is a prepaid MVNO, leveraging sprint’s network, offering voice, text, and data services as well as international calling at affordable rates. In February 2013, the company bought STI Mobile and rebranded it as Next Mobile 360. Our unique infrastructure enabling it to earn above-average profits even at competitive rates. Next Mobile 360 is the only MVNO that offers free long distance calling minutes and exclusive partnerships with the NEXTCALA and NEXTCALA Rewards.

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NEXT | CALA

NEXT|CALA, is the company’s flagship product. NEXTCALA powers both the company’s mobile banking solution and reward program(s). The card is a safe and cost-effective alternative to carrying cash. NEXTCALA cards are acceptable wherever Visa debit cards are accepted and can be used for all transactions, including withdrawing cash, sending cash, checking balance at ATMs, and making purchases at retail locations, online, or over the phone.

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NXT | GN

NXT|GN in cooperation with industry leader Cisco Systems, developed in 2012 a unique product called AVYDA powered by Telarix, an HD telepresence platform that allows millions of people to connect using their mobile phones, tablets and PCs into celebrities, talents, healthcare and education applications on both Android and iOS operating systems. AVYDA allows HD video conferences to connect point-to-multipoint, having 10,000 concurrent calls per session border control (SBC).

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NEXT | GROUP HOLDINGS PRESS RELEASES

  • July 22, 2016
    Next Group Holdings Announces Completion of the Transaction for Acquisition of Accent Intermedia (AIM), a Program Manager for Financial Stored Value Solutions

    MIAMI, July 22, 2016 /PRNewswire/ --

    Next Group Holdings, Inc. (OTCQB: NXGH) (the "Company") today announces that it has signed definitive Agreements with Dean Keatin Marketing, LLC ("DKM"), which completes the transaction to acquire a controlling interest (64% of shares) in Accent Intermedia LLC ("AIM"). AIM is a successful Stored Value Program Manager that has generated over $1 Billion of stored value activations through its PCI Compliant system and has been the go to FinTech (Financial Technology vertical) solution for the Internet Retailer 500.

    AIM provides the support infrastructure that allows national brands to host Closed Loop (Gift Card) and Open Loop (Prepaid Debit / General Purpose Reload) card programs. AIM has developed its own in-house fraud prevention tool that reduces "card not present" fraud to less than 1%.

    AIM currently provides infrastructure and program services to Harley Davidson, AMC Theatres, Super Valu, Applebee's, IHOP and other industry leading companies.

    "I am pleased to complete the AIM acquisition. We promised in early January 2016 that we would acquire several strategic companies to make NXGH the leader in the Mobile Banking market. We are proving NXGH to be a unique value proposition in the Mobile Banking space. This acquisition allows NXGH to have two independent banks under our NEXTCALA & AIM agreements, respectively. This gives NXGH the diversity to secure its footprint as a force to be reckoned with, in the global financial market," said Arik Maimon, NXGH's Chairman and CEO.  

    "NXGH, together with its proprietary financial technology and its next generation HD Video platform AVYDA will revolutionize the customer service experience and our rewards program for our growing Financial services customers. This will change the traditional way companies have been communicating for the past several decades and will improve and modernize the collaborative customer service experience," said Dennis Varghese Principal & Managing Director of DKM. "After AIM being in business for over 10 years, I am proud to see AIM integrate with NXGH, a leader in next generation financial services for the consumers that adapt their banking services with mobile video banking," added Varghese.

    "The AIM acquisition is an important cornerstone that strengthens the NXGH foundation now and in the future. AIM's decade strong propriety technology solution will help expedite NXGH's execution as a Program Manager for Stored Value products including Prepaid Gift Cards, General Purpose Reloadable (GPR) card programs and verticals," said Michael De Prado NXGH's President & COO. "AIM's data facility is highly secure and has redundant infrastructure services with a "zero single point of failure infrastructure", multiple power grid supplies, 24/7/365 monitored infrastructure, multi-tiered support, intrusion detection and loss prevention systems. AIM's data facility will help us prepare, and fortify the upcoming 2016 prepaid gift card holiday season and revenues," added De Prado.

    About Us: NXGH is a corporation headquartered in Miami, Florida, which, through its operating subsidiaries, engages in the business of using proprietary technology and certain licensed technology to provide innovative mobile banking, mobility, and telecommunications solutions to underserved, unbanked, and emerging markets. NXGH's principal executive offices are located at 1111 Brickell Avenue, Suite 2200, Miami, Florida 33131, and its telephone number at that location is (800) 611-3622. NXGH's web address is http://www.nextgroupholdings.com.

    THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE. EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS"ESTIMATE", "ANTICIPATE", "BELIEVE", "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS CONTAINED IN THIS NEWS RELEASE INCLUDE STATEMENTS RELATING TO OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY.

    Contact:

    NEXT Group Holdings, Inc. (OTCQB: NXGH) Telephone: +1-800-611-3622,info@nextgroupholdings.com  

  • July 19, 2016
    Next Group Holdings Announces Final Record Date of July 22, 2016 for Special Dividend

    Next Group Holdings, Inc. (OTCQB: NXGH) (the "Company") today announced that it has received final clearance from FINRA with respect to its recently announced special stock dividend and the final record date for the dividend will now be July 22, 2016.

    Now that the final record date has been set and cleared with FINRA, shareholders should obtain interim statements from their brokers as of the final July 22, 2016 record date. Those shareholders that have already submitted their interim statements to the Company, based on the previous June 28, 2016 record date, will need to request another interim statement from their broker based on the final record date and also resubmit that statement to the Company.

    For our shareholders' convenience, and to assist the Company in processing the dividend, we have posted to the "Investor Relations" section of the Company's website (http://www.nextgroupholdings.com) a "Shareholder Transmittal Letter," which each shareholder should use when transmitting to the Company their interim statement as of the final dividend record date. The Shareholder Transmittal Letter should be completed and signed by the shareholder and then returned to the Company, along with the attached interim account statement, by email or fax as indicated in the Shareholder Transmittal Letter. A form letter that can be used by shareholders to request their interim statement from their broker, as of the final July 22, 2016 record date, is also posted in the Investor Relation section of the Company's website.

    Shareholders with any questions regarding the dividend can reach the Company by email at dividend@nextgroupholdings.com, by fax at (305)-647-6497 or by telephone at 800-550-9055.

  • Jun 09, 2016
    Next Group Holdings Agrees to Acquire Tel3 from Arik Maimon

    MIAMI, June 9, 2016 /PRNewswire/ - Next Group Holdings, Inc. (OTCQB: NXGH) announced today that it has signed an agreement with Arik Maimon, who serves as NXGH's CEO and Chairman, under which, subject to the receipt of a fairness opinion from an independent expert on such transactions, NXGH will acquire the telecom marketing brand "Tel3" together with the assets and client database of Tel3 from Mr. Maimon.  NXGH's Board of Directors approved the transaction unanimously and expects to close the acquisition of Tel3 by June 20, 2016.

    Tel3 is a marketing group that had revenues over $3 million in 2015 with 31.5% gross margin, 25,000 active customers, and a database of 300,000 current and former clients.

    Mr. Maimon, who recently acquired Tel3 from a third party, has agreed to sell Tel3 to NXGH on substantially similar terms to the terms of the transaction under which he personally acquired the Tel3 assets, subject to the fairness opinion, a unanimous vote in favor of the transaction by all disinterest members of NXGH's board, and other regulatory considerations.

    "I believe that NXGH's acquisition of Tel3 will provide great value and substantial benefits to NXGH and its shareholders, as this deal will bring us a significant new revenue stream, additional profits and a large new customer base', said Michael De Prado, President and COO of NXGH. "This is a major step forward that will enhance NXGH's position in the markets for its telecommunications and its financial products", added De Prado.

    NXGH plans to offer enhanced financial and telecom services and products to those Tel3 customers that opt-In to receive special offers and rewards based on their daily use of NEXTCALA and M&M Telecom offerings.

    NEXTCALA financial products will provide attractive pricing and extra benefits to unbanked and underbanked consumers.  Rewards programs will also help to lower costs and improve lifestyle and family connections.

    NXGH, through its wholly owned subsidiary, Meimoun & Mammon LLC (which does business as M & M Telecom) expects to increase the revenue streams that were historically achieved by Tel3.  M & M Telecom has had FCC 214 "Common Carrier" Authority since 2011, and is a contributor to the FCC Universal Service Fund. As a result of NXGH's acquisition of Tel3, M & M Telecom will be able to offer and provide extra services, benefits and rewards to customers.

    "NXGH's acquisition of Tel3 assets will represent a major step forward to help us develop M & M Telecom into a major telecom provider and bring NEXTCALA to the forefront in the everyday financial solutions markets," said Arik Maimon, NXGH's chairman and CEO. "We believe that bringing Tel3 under the umbrella of M & M Telecom will produce significant revenue growth and profitability for NXGH."

    About Us: NXGH is a corporation headquartered in Miami, Florida, which, through its operating subsidiaries, engages in the business of using proprietary technology and certain licensed technology to provide innovative mobile banking, mobility, and telecommunications solutions to underserved, unbanked, and emerging markets. NXGH's principal executive offices are located at 1111 Brickell Avenue, Suite 2200, Miami, Florida 33131, and its telephone number at that location is (800) 611-3622. NXGH's web address is www.nextgroupholdings.com.

    THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE. EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS"ESTIMATE", "ANTICIPATE", "BELIEVE", "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-

    LOOKING STATEMENTS CONTAINED IN THIS NEWS RELEASE INCLUDE STATEMENTS RELATING TO OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY.

    SOURCE Next Group Holdings, Inc.

  • Jun 08, 2016
    Next Group Holdings Subsidiary, NEXTCALA Signs Joint Venture Agreement with Glocal Payment Solutions, Inc.

    Next Group Holdings, Inc. (OTCQB: NXGH) announced today that its subsidiary, NEXTCALA, Inc. ("NEXTCALA") signed an agreement with Glocal Payment Solutions, Inc. ("GLOCAL"), to form a Joint Venture to be named NextGlocal that will provide financial solutions to the underbanked population.

    The NextGlocal financial products will provide attractive pricing and extra benefits to unbanked and underbanked consumers.

    NEXTCALA will make available to the Joint Venture every feature of NEXTCALA's prepaid card financial services program platform, including without limitation, its standard GPR (General Purpose Reload) features, functions, and support, co-branded and customized for GLOCAL's business and consumer customers through a distinct NextGlocal co-branding program to meet demand created by NextGlocal.

    GLOCAL is a multi-media commerce payment solutions company engaged in creating and sustaining a state-of-the-art payment processing solution and network that encompasses a wide range of participating suppliers, incentives, and affinity across multiple business and consumer network groups.  GLOCAL will expand its ongoing successes in the travel and tourism, health and travel insurance, restaurant and retail, corporate solutions and non-profit business segments in the United States and in soon-to-be-announced international markets.  GLOCAL, together with its existing engagements, will enable NextGlocal to target a universal sample space of 30,000,000 users from the launch of the Pilot Program in June 2016, transitioning into the potential universal sample space of 100,000,000 users globally through year three.

    "The synergy and common objectives between NEXTCALA and GLOCAL will enable the Joint Venture to develop new market segments that have a distinct need and hunger for NEXTCALA's financial solutions," said Arik Maimon, NXGH's Chairman and Chief Executive Officer.  "We believe that creating this Joint Venture will produce significant market penetration, revenue growth, and profitability for NXGH."

    "This is an exciting and a natural evolution in our efforts to sustain a comprehensive, multi-media payments and settlement, rewards platform for our suppliers and customers.  NEXTCALA will impart the critical components needed for GLOCAL to harness and sustain a constantly evolving payment and settlement platform," said Sudhan Thomas, Chairman and Chief Executive Officer of GLOCAL.  Mr. Thomas has been appointed Chief Executive Officer of the NextGlocal Joint Venture and will run its day-to-day operations.

    "I believe this is a very good strategy for NXGH as this Joint Venture should provide great value and substantial benefits to NXGH and its shareholders," said Michael De Prado, President and Chief Operating Officer of NXGH.  "This is a significant step forward that will enhance NXGH's position in the markets for its financial products and shareholders," added Mr. DePrado.

    "We are excited about the launch of the NextGlocal Joint Venture and look forward to deploying all of the Glocal assets to the success of the Joint Venture," said Paul Appel, ESQ, President and Chief Operating Officer of GLOCAL.

    NXGH owns 94% of the issued and outstanding shares of NEXTCALA, which is one of its four operating subsidiaries.  NXGH will own 60% of the Joint Venture entity and GLOCAL will own 40%.

    About Us: NXGH is a corporation headquartered in Miami, Florida, which, through its operating subsidiaries, engages in the business of using proprietary technology and certain licensed technology to provide innovative mobile banking, mobility, and telecommunications solutions to underserved, unbanked, and emerging markets. NXGH's principal executive offices are located at 1111 Brickell Avenue, Suite 2200, Miami, Florida 33131, and its telephone number at that location is (800) 611-3622. NXGH's web address is www.nextgroupholdings.com.

    THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE. EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS"ESTIMATE", "ANTICIPATE", "BELIEVE", "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS CONTAINED IN THIS NEWS RELEASE INCLUDE STATEMENTS RELATING TO OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY.

    SOURCE Next Group Holdings, Inc.

  • Jun 03, 2016
    Corrected Press Release Regarding Next Group Holdings Inc.'s Announcement of Schedule for Release of NEXTCALA Mobile Apps, Correcting and Clarifying Certain Information about NEXTCALA Visa Prepaid Cards and about InComm and Others

    MIAMI, June 3, 2016 /PRNewswire/ - Next Group Holdings, Inc. (OTCQB: NXGH) announced today that it is withdrawing its press release dated February 10, 2016, which was titled "Next Group Holdings Announces Schedule for Release of NEXTCALA Mobile Apps", and that it is modifying and correcting the withdrawn press release of February 10, 2016, with the following information:

    Next Group Holdings, Inc. (OTCQB: NXGH) announced today that it plans to release its NEXTCALA mobile applications for both Android and iOS in June 2016, through its subsidiary NEXTCALA, Inc. ("NEXTCALA") in partnership with InComm. NXGH owns 94% of the issued and outstanding shares of NEXTCALA, which is one of NXGH's four operating subsidiaries.

    NEXTCALA promotes and distributes the NEXTCALA Visa® Prepaid Card under licensing and operating agreements with prepaid industry-leader InComm and The Bancorp Bank pursuant to a license from Visa U.S.A. Inc. The Bancorp Bank; Member FDIC.

    NEXTCALA Card cardholders can quickly load cash, $20-$500, to their NEXTCALA Card at thousands of Vanilla Reload retail locations nationwide including 7-Eleven, CVS, Dollar General, Family Dollar, Rite Aid, Speedway, Walgreens and Walmart. Cardholders can also establish direct deposit to automatically load their payroll, government benefits or tax refund to their NEXTCALA Card. The NEXTCALA Card can be used wherever Visa debit cards are accepted for ATM withdrawals, bill payments, and purchasing at retail locations, online, and over the phone.

    The NEXTCALA mobile application will give users access to account services 24/7/365. Users will be able to check their card balance, view transactions, and find Vanilla Reload locations. Plus, users will also earn points that can be redeemed towards long distance calls either via voice or HD Video.

    About Us: Next Group Holdings, Inc. (OTCQB: NXGH) is a corporation headquartered in Miami, Florida, which, through its operating subsidiaries, engages in the business of using proprietary technology and certain licensed technology to provide innovative mobile banking, mobility, and telecommunications solutions to underserved, unbanked, and emerging markets. NXGH's principal executive offices are located at 1111 Brickell Avenue, Suite 2200, Miami, Florida 33131, and its telephone number at that location is (800) 611-3622. NXGH's web address is nextgroupholdings.com.

    About InComm
    Leveraging deep integrations into retailers' point-of-sale systems, InComm provides connectivity to a variety of service providers that allow consumers to conduct everyday business at more than 450,000 points of retail distribution worldwide. Whether those consumers are activating prepaid products, paying bills, enjoying real-time discounts through a membership card, purchasing digital goods in-store or adding funds to an online account, InComm is there to provide unique gift-gifting opportunities, cater to on-the-go shoppers, deliver added value through loyalty programs and serve cash-based consumers. With 186 global patents, InComm is headquartered in Atlanta with a presence in over 30 countries in North and South America, Europe and the Asia-Pacific region.

    THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE. EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS"ESTIMATE", "ANTICIPATE", "BELIEVE", "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS CONTAINED IN THIS NEWS RELEASE INCLUDE STATEMENTS RELATING TO OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY.

    SOURCE Next Group Holdings, Inc.

  • June 2, 2016
    Adiv Baruch Joins Board of Directors of Next Group Holdings

    MIAMI, June 2, 2016 /PRNewswire/ - Next Group Holdings, Inc. ("NXGH") announced today that Adiv Baruch, a leading entrepreneur and investor in the Israeli high tech sector, has been elected to the board of directors of NXGH.

    Mr. Baruch serves as Chairman of Jerusalem Technology Investments Ltd. ("JTI"), which is engaged in the business of identifying, investing in, and mentoring emerging software and medical devices technology companies. JTI is a publicly-traded company whose shares are listed on the Tel-Aviv Stock Exchange.  He also currently serves as Chairman of Maayan Ventures, a platform for investments in innovative technology companies, as President of Nyotron, a global cyber technology company, and as Chairman of Covertix, whose patented technology delivers real-time, non-invasive control, protection, and tracking of confidential files. 

    "Adiv is a tremendous leader and we are excited to welcome him to the board of directors of Next Group Holdings," said Arik Maimon, Chairman and CEO of NXGH.  "We believe his strong experience in high-tech solutions and in the management of rapid growth will be extremely valuable as Next Group Holdings launches its innovative new products."

    "In addition to his experience in high tech, Adiv's experience in both finance and corporate governance will be invaluable to us as we grow Next Group Holdings and navigate the public capital markets," said Michael De Prado, President and COO of NXGH.

    Mr.  Baruch has served as a director of the Bank of Jerusalem, and he served as CEO of BOS Better Online Solutions, which, under this leadership, grew  into a highly-successful company traded on NASDAQ under the symbol BOSC.  Throughout his career, he has championed  development and support of new talent in the high tech and entrepreneurial arenas. Mr. Baruch is the Chairman of Ness College, which is a leader in educating Israeli technology professionals and entrepreneurs.

    "I admire Next Group Holdings for its innovative new products and its ambitious plans," said Mr. Baruch.  "I look forward to working with the management team and helping the company achieve its goals."

    Mr. Baruch also served as Chairman of the Hi-Tech and Telecom Division of the Israel Export and International Cooperation Institute, and on the board of Make-A-Wish Israel.  He currently serves as the Chairman of Or-Lachayal.   

    Next Group Holdings, Inc. (OTCQB: NXGH) is a corporation headquartered in Miami, Florida, which, through its operating subsidiaries, engages in the business of using proprietary technology and licensed technology to provide innovative mobile banking, mobility, and telecommunications solutions to underserved, unbanked, and emerging markets. NXGH's principal executive offices are located at 1111 Brickell Avenue, Suite 2200, Miami, Florida 33131, and its telephone number at that location is (800) 611-3622.  NXGH's web address is nextgroupholdings.com.

    THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE. EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS"ESTIMATE", "ANTICIPATE", "BELIEVE", "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS CONTAINED IN THIS NEWS RELEASE INCLUDE STATEMENTS RELATING TO OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY.

    SOURCE Next Group Holdings, Inc.

  • June 1, 2016
    Next Group Holdings Rewards Shareholders with Special Dividend

    By August Patterson, Senior Staff Writer, Online Media Group, Inc.

    MIAMI, FL, June 1, 2016 /PRNewswire/ - Investors often take positions in companies with pending litigation, hoping that a favorable judgment will load corporate coffers and provide a boon in market valuation. On Friday, May 27, Next Group Holdings, Inc. (OTCQB: NXGH) put a unique spin on the pending lawsuit of plaintiffs Next Communications, Inc. (an affiliate of NXGH) and NxtGn, Inc. (a subsidiary of NXGH) versus defendant Viber Media, Inc. 

    The litigation, being heard in New York Southern District Court, asserts that Viber misused confidential information that the plaintiffs communicated to Viber pursuant to a non-disclosure agreement. Publicly available documents show that on March 30, 2106, District Judge Richard J. Sullivan denied Viber's motion to dismiss on three of the four claims in the lawsuit.

    In any lawsuit, the outcome is always pure speculation, but Next Group Holdings intends to share any net proceeds from a favorable ruling with its shareholders. This is being committed to through the issuance of a special dividend of newly created Class D Redeemable Preferred Stock. NXGH shareholders are eligible to receive one share of the new class of stock for each share of NXGH common stock held as of the record date of June 10, 2016. Only non-insiders of NXGH are eligible for the special dividend.

    OTC Markets shows 28.78 million shares of NXGH in the public float.

    "Redeemable" stock simply means that the company is going to buy the shares back. Within six months of the final resolution of the lawsuit, Next Group will redeem the Class D preferred stock at the greater of two defined prices. On the low end, should the litigation deliver an unfavorable result, the shares will be redeemed at par value, which is fixed at $0.001 per share. This means that an investor will receive $1 for every 1,000 shares held.

    Should the lawsuit result in a favorable verdict for the plaintiffs, Next Group Holdings will divide up amongst special dividend shareholders 9.03% of the net proceeds (the total amount less expenses, taxes, etc.) it receives from the judgment. In a phone conversation, Michael De Prado, President and COO of Next Group Holdings, confirmed that every brokerage house where NXGH stock is held is participating in the special dividend program.

    Upon redemption of the shares, Next Group Holdings is returning the stock to the treasury for retirement, meaning there is no dilution associated with the dividend. 

    An interesting point to consider with the NXGH dividend is underscored by reports from BuyIns.net, a firm regarded as an expert provider of short-sale data. A recent report from BuyIns.net states that shorts have been "aggressively shorting NXGH on a daily basis" with an average of 33.8% of daily trading volume being short selling. If naked shorting is happening, which is always difficult to prove, requiring manual certification of ownership to receive the dividend has the potential to expose the naked shorts.

    To participate in the upside of a cash redemption sent directly to a shareholder, Next Group Holdings has provided guidelines for receiving the dividend, including a simple form that must be submitted to a brokerage house to verify ownership of shares.  Interested parties can learn more about the special dividend by visiting the company's website (www.nextgroupholdings.com) and by reading the official press release on the dividend provided below.

    Next Group Holdings Announces Special Dividend and New Class D Redeemable Preferred Stock

    MIAMI, FL, May 27, 2016 /CNW/ - Next Group Holdings, Inc. (OTCQB: NXGH) (the "Company") today announces a special dividend for shareholders. The Company has completed and filed requisite paperwork to issue a special dividend of one share of the new Class D Redeemable Preferred Stock for each share of NXGH common stock held. To receive the special dividend, NXGH shareholder need only to take the appropriate steps with their brokerage house to verify their position in the Company.

    Next Group Holdings will redeem the Class D Redeemable Preferred shares from each shareholder subsequent to a court ruling in the litigation with Viber Media, Inc. ("Viber"). On May 12, 2016, our Board of Directors created a new class of Preferred Stock. The Board also declared a special stock dividend consisting of our newly designated Class D Redeemable Preferred Stock. Pursuant to the dividend, the special stock dividend will be distributed to owners of the Company's common stock as of the record date in a ratio of one share of Class D Redeemable Preferred Stock for every 1 share of common stock owned as of the record date. The Company has set the record date as June 10, 2016. The Class D Preferred Stock must be redeemed within six (6) months (or as soon thereafter as permitted by law) following final resolution of the Corporation's affiliates lawsuit against ViberMedia, Inc. (Next Communications, Inc. and NxtGn, Inc. v. Viber Media, Inc.) which is, as of the date of this resolution, pending in U.S. District Court for the Southern District of New York or any successor or other lawsuit relating to the subject matter thereof in which the Corporation (or any successor-in-interest) is named as a plaintiff (the "Lawsuit").

    The Designation fixes the redemption price of each share of class D Preferred stock as the greater of par value or the amount obtained by dividing (a) 9.03 percent of the net proceeds to the Corporation of the Lawsuit after payment of fees and expenses incurred in connection with such law suit and the resolution of any creditor claims against Next Communications and all taxes on net income accrued or paid with respect to such amount, by (b) the total number of shares of Class D Preferred stock issued and outstanding as of the Redemption Date, which amount shall be rounded to the nearest whole cent. In the event of an unfavorable result, we will still redeem the Class D preferred stock at par within six months of the case's final disposition.

    "This new dividend demonstrates the optimism we have about our future and our unwavering commitment to deliver value to our loyal shareholders," said Arik Maimon, NXGH's Chairman and CEO. "I want to personally thank each investor and encourage everyone to verify their position in NXGH with their broker immediately to receive their dividend."

    Next Group Holdings has provided the stockholder letter necessary to request the Class D preferred stock certificate from the Company free of charge at www.nextgroupholdings.com under "Investors Relations" in the main menu and "Dividend" tab.

    The complete 8-K regarding the dividend and new class of share filed with the Securities and Exchange Commission is available at: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11397857.

    About Us: NXGH is a corporation headquartered in Miami, Florida, which, through its operating subsidiaries, engages in the business of using proprietary technology and certain licensed technology to provide innovative mobile banking, mobility, and telecommunications solutions to underserved, unbanked, and emerging markets. NXGH's principal executive offices are located at 1111 Brickell Avenue, Suite 2200, Miami, Florida 33131, and its telephone number at that location is (800) 611-3622.

    NXGH's web address is nextgroupholdings.com.

    THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD- LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE. EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS"ESTIMATE", "ANTICIPATE", "BELIEVE", "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD- LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS CONTAINED IN THIS NEWS RELEASE INCLUDE STATEMENTS RELATING TO OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY.

    Online Media Group, Inc. is a strategic holding company. Through our brands, Online Media Group is a leading publisher of market news, commentary, proprietary research and videos from seasoned journalists, analysts and contributors covering the financial markets, specific industries and global economies. Leveraging our extensive distribution network and social media presence, we have cultivated a valuable audience of engaged market enthusiasts interested in all segments, which in turn delivers a variety of unique opportunities for industry partnerships, corporate communications and market exposure.

    Legal Disclaimer: Online Media Group, Inc. is not registered with any financial or securities regulatory authority and does not provide, nor claims to provide, investment advice or recommendations to readers of this release to buy, sell or hold any securities. Investing intrinsically involves substantial risk and readers are reminded to consult an investment professional and complete their own due diligence, including SEC filings, when researching any companies mentioned in this release. This release is based upon publicly available information and, while vetted, is not considered to be all-inclusive or guaranteed to be free from errors. With respect to Section 17(B) of the Securities Act of 1933 and in the interest of full disclosure, we call the reader's attention to the fact that Online Media Group, Inc. has received compensation from the company(ies) mentioned in this release.

    SOURCE Next Group Holdings, Inc.

  • May 27, 2016
    Next Group Holdings Announces Special Dividend and New Class D Redeemable Preferred Stock

    MIAMI, FL, May 27, 2016 /CNW/ - Next Group Holdings, Inc. (OTCQB: NXGH) (the "Company") today announces a special dividend for shareholders. The Company has completed and filed requisite paperwork to issue a special dividend of one share of the new Class D Redeemable Preferred Stock for each share of NXGH common stock held. To receive the special dividend, NXGH shareholder need only to take the appropriate steps with their brokerage house to verify their position in the Company.

    Next Group Holdings will redeem the Class D Redeemable Preferred shares from each shareholder subsequent to a court ruling in the litigation with Viber Media, Inc. ("Viber").  On May 12, 2016, our Board of Directors created a new class of Preferred Stock. The Board also declared a special stock dividend consisting of our newly designated Class D Redeemable Preferred Stock. Pursuant to the dividend, the special stock dividend will be distributed to owners of the Company's common stock as of the record date in a ratio of one share of Class D Redeemable Preferred Stock for every 1 share of common stock owned as of the record date. The Company has set the record date as June 10, 2016. The Class D Preferred Stock must be redeemed within six (6) months (or as soon thereafter as permitted by law) following final resolution of the Corporation's affiliates lawsuit against ViberMedia, Inc. (Next Communications, Inc. and NxtGn, Inc. v. Viber Media, Inc.) which is, as of the date of this resolution, pending in U.S. District Court for the Southern District of New York or any successor or other lawsuit relating to the subject matter thereof in which the Corporation (or any successor-in-interest) is named as a plaintiff (the "Lawsuit").

    The Designation fixes the redemption price of each share of class D Preferred stock as the greater of par value or the amount obtained by dividing (a) 9.03 percent of the net proceeds to the Corporation of the Lawsuit after payment of fees and expenses incurred in connection with such law suit and the resolution of any creditor claims against Next Communications and all taxes on net income accrued or paid with respect to such amount, by (b) the total number of shares of Class D Preferred stock issued and outstanding as of the Redemption Date, which amount shall be rounded to the nearest whole cent. In the event of an unfavorable result, we will still redeem the Class D preferred stock at par within six months of the case's final disposition.

    "This new dividend demonstrates the optimism we have about our future and our unwavering commitment to deliver value to our loyal shareholders," said Arik Maimon, NXGH's Chairman and CEO. "I want to personally thank each investor and encourage everyone to verify their position in NXGH with their broker immediately to receive their dividend."

    Next Group Holdings has provided the stockholder letter necessary to request the Class D preferred stock certificate from the Company free of charge at www.nextgroupholdings.com under "Investors Relations" in the main menu and "Dividend" tab.

    The complete 8-K regarding the dividend and new class of share filed with the Securities and Exchange Commission is available at: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11397857.

    About Us: NXGH is a corporation headquartered in Miami, Florida, which, through its operating subsidiaries, engages in the business of using proprietary technology and certain licensed technology to provide innovative mobile banking, mobility, and telecommunications solutions to underserved, unbanked, and emerging markets. NXGH's principal executive offices are located at 1111 Brickell Avenue, Suite 2200, Miami, Florida 33131, and its telephone number at that location is (800) 611-3622.

    NXGH's web address is nextgroupholdings.com.

    THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD- LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE. EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS"ESTIMATE", "ANTICIPATE", "BELIEVE", "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD- LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS CONTAINED IN THIS NEWS RELEASE INCLUDE STATEMENTS RELATING TO OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY.

    Copyright © 2016 PR Newswire. All Rights Reserved

    SOURCE Next Group Holdings, Inc.

  • April 20, 2016
    Next Group Holdings Announces Strategic Partnership with CP+B

    Next Group Holdings, Inc. (OTCQB: NXGH) announced today that it has entered into a strategic partnership with Love Made Visible ("LMV"), CP+B's Product & Brand Invention Group (CP+B). They will assist NXGH's subsidiary Next CALA, Inc. ("NEXTCALA") in the design, launch and marketing of NXHG's prepaid family portfolio here at http://www.nextcala.com, along with NXGH's other subsidiary NxtGn HD video platform and telepresence products and services.

    "Through our non-traditional business model, we've built an engine to generate strong valuation increases through a partnership framework that significantly mitigates risk while building irrational loyalty with our audience. We are not ad people. We are cultural change agents, brand inventors, artists, technologists, anthropologists, and everything in between. Our goal always being to disrupt conventions, not just through branding and design, but in everything we do - product development, sourcing, manufacturing & going to market. We look forward to taking a deep dive into NXGH's brands, understanding the personalities and needs of its customers and helping them connect these brands to culture in a meaningful way," said Neil Riddell, CP+B's EVP/Executive Director.

    Love Made Visible has developed new agency-owned brands and partnership opportunities. These partnerships include the prospering bike-sharing system B-Cycle, the environmentally minded mechanic brand Green Garage, and the award winning spirit brands - Angel's Envy Bourbon and the Hemingway-inspired Papa's Pilar Rum. The success of these ventures has now led an expansion into other categories like lifestyle/fashion brands, natural foods, as well as the tech sector.

    "Our plans to work with CP+B to disrupt the telepresence and broadcast live video landscape represents the next step in democratizing people's ability to broadcast live," said Arik Maimon, NXGH's Chairman and CEO. "We have created Intellectual Property (IP) that will put telepresence capabilities that were previously available only to Fortune 100 companies, into the hands of everyday people. This changes single point to multi-point broadcasting in a big way. It's part of what we see as an evolution from Skype (limited to 8 people), and Periscope/Meerkat (which integrates live video and texting interaction), to our platform that offers Live Video / Interactive / HD quality over very low bandwidth, and allows as many as 10,000 concurrent users a seamless interface between laptop, tablet, mobile device. With our planned technology, consumers, celebrities, politicians, and organizations will be able to publicly broadcast in HD directly to as many as 10,000 fans. Unlike our competitors' existing live video technologies, the viewers can be seen by the broadcaster and chosen to interact with by simply touching their HD video feed, creating a closer connection with their fan base."

    About Us: NXGH is a corporation headquartered in Miami, Florida, which, through its operating subsidiaries, engages in the business of using proprietary technology and certain licensed technology to provide innovative mobile banking, mobility, and telecommunications solutions to underserved, unbanked, and emerging markets. NXGH's principal executive offices are located at 1111 Brickell Avenue, Suite 2200, Miami, Florida 33131, and its telephone number at that location is (800) 611-3622.

    NXGH's web address is nextgroupholdings.com.

    THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE. EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS"ESTIMATE", "ANTICIPATE", "BELIEVE", "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS CONTAINED IN THIS NEWS RELEASE INCLUDE STATEMENTS RELATING TO OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY.

    Contact:
    NEXT Group Holdings, Inc. (OTCQB: NXGH)
    Telephone: 1-800-611-3622
    info@nextgroupholdings.com 

    SOURCE Next Group Holdings, Inc.

  • April 14, 2016
    Next Group Holdings Announces Symbol Change to NXGH

    Next Group Holdings, Inc. (OTCQB: NXGH) (or the "Company") announced today that its recent delay in filing the 10-Q report for the quarter ended December 31, 2015, which had been overdue but was filed on April 1, 2016, was primarily a result of problems encountered by its auditors Anton & Chia in reconciling and reclassifying certain expenditures and actions made on behalf of the beverage business which was the predecessor business of the Company, by the Company's former executives Robert Rico and Calvin Lewis, who are no longer involved in the management or operations of the Company. "Now that we have filed the 10-Q and are in compliance, and now that we are no longer forced to rely on support from prior management in order to make timely filings, we undertake to our shareholders that we will make timely filings and remain in compliance," said NXGH's Chairman and CEO Arik S. Maimon.  "We are pleased that, as one result of our recent filings and other actions, FINRA granted a symbol change effective April 11, 2016 from PLKD to NXGH.  Additionally, the listing of our shares on the OTCQB has been resumed."

    About Us: NXGH is a corporation headquartered in Miami, Florida, which, through its operating subsidiaries, engages in the business of using proprietary technology and certain licensed technology to provide innovative mobile banking, mobility, and telecommunications solutions to underserved, unbanked, and emerging markets. NXGH's principal executive offices are located at 1111 Brickell Avenue, Suite 2200, Miami, Florida 33131, and its telephone number at that location is (800)611-3622.  NXGH's web address is http://www.nextgroupholdings.com.

    THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE. EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS"ESTIMATE", "ANTICIPATE", "BELIEVE", "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS CONTAINED IN THIS NEWS RELEASE INCLUDE STATEMENTS RELATING TO OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY.

    Contact:
    NEXT Group Holdings, Inc.
    Telephone: 1-(800)611-3622
    info@nextgroupholdings.com

    SOURCE Next Group Holdings, Inc.

  • March 11, 2016
    Next Group Holdings has Entered Into an Option Agreement Allowing it to Purchase a Controlling Interest in Innovative Gaming Technologies Provider Lubar Technologies

    Next Group Holdings, Inc. (OTC: PLKD) announced today that, as part of its continuing efforts to maximize commercial application and usage of its NxtGn subsidiary's proprietary NxtGn AVYDA technology and its HD video network, and to accelerate revenue growth, PLKD has signed an agreement granting PLKD an exclusive option to purchase a controlling interest in Lubar Technologies, LLC.

    Founded in 2002, Lubar is in the business of redefining the live gaming experience by developing and providing innovative video conferencing gaming solutions. Lubar applications allow real physical casinos located throughout the world to market their games-including blackjack, poker, roulette, and dice games, among others-to the online gaming market. Focusing on providing the best video quality, audio clarity, and usability for end users and service providers, Lubar's video conferencing gaming system transforms the way players participate in online gaming, while enabling physical casino operators profitable new services and revenue streams.

    Using Lubar technology, players remotely accessing casino games from their home computers are able to see and talk with the dealer or croupier and with other players, as if they were in the casino. Using real cards, real dice, real casino equipment, and a live dealer preserves the element of randomness and enhances the experience of realism for remote gamers.

    Lubar owns patents for its technology in more than 20 countries throughout the world. Information about Lubar's patents can be accessed here: http://www.lubar-tech.com/patents.html. Additional information about Lubar's products and services can be accessed here: http://www.lubar-tech.com

    "If, as expected, we exercise the option," said Arik Maimon, Chairman and CEO of PLKD, "we plan to integrate certain unique features of NxtGn's proprietary AVYDA HD video technology into Lubar's products and services, making the Lubar user's experience even better."

    "Deploying NxtGn AVYDA technology will give us a competitive advantage in the $30 billion per annum online gaming industry," said Yacob Rafaeli, founder and CEO of Lubar.

    Under the option agreement, after completing due diligence, PLKD will have the right to acquire 78% of the membership interests in Lubar Technologies, LLC for $1,500,000, all in common shares of PLKD.  

    About Us:  PLKD is a corporation headquartered in Miami, Florida, which, through its operating subsidiaries, engages in the business of using proprietary technology and certain licensed technology to provide innovative mobile banking, mobility, and telecommunications solutions to underserved, unbanked, and emerging markets. PLKD's principal executive offices are located at 1111 Brickell Avenue, Suite 2200, Miami, Florida 33131, and its telephone number at that location is (800) 611-3622.  PLKD's web address is nextgroupholdings.com.  

    THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE. EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS"ESTIMATE", "ANTICIPATE", "BELIEVE", "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS CONTAINED IN THIS NEWS RELEASE INCLUDE STATEMENTS RELATING TO OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY.

    Contact:
    Next Group Holdings, Inc.
    Telephone:
    +1-800-611-3622
    info@pleasantkids.com

     

    SOURCE Next Group Holdings, Inc.

  • February 19, 2016
    Next Group Holdings Announces Plans to Extend its Reach in the Mobile HD Video Market

    Next Group Holdings, Inc. (OTCQB: PLKD) announced today that it plans to aggressively extend its market reach and subscriber base in the mobile HD video space throughout the remainder of 2016, through its subsidiary NxtGn, Inc.

    NxtGn plans to launch its AVYDA Powered by Telarix mobile application for iOS devices in April 2016. The AVYDA cloud platform will allow from two people to thousands of people located all over the earth to simultaneously join video rooms to connect with friends, family members, celebrities, live entertainment events, doctors, classrooms, and more. With a heavy focus on user experience, the application will be simple to use: just click on an access link or notification to connect. The platform allows carrier service providers to monetize HD video communication, changing the landscape of how subscribers communicate with one another.

    "We are very happy to see that 5 years of research and development, and relationship building, are about to make our unique new HD video platform a reality for millions of people around the world," said Michael De Prado, PLKD's President.

    Mr. De Prado continued, "as our sister company NxtGn, Inc. begins to roll out several exciting new products and services, the Next CALA Rewards program will offer Next CALA subscribers the ability to use NxtGn's proprietary HD Personal Telepresence products to participate in health care consultations, distance learning, and exclusive live entertainment events. I am proud that Next CALA Rewards will soon allow our subscribers to use HD telepresence services that until recently were within reach only of Fortune 500 companies and very high net worth individuals. I believe these synergies will give both Avyda and our Next CALA Prepaid Visa cards sustainable competitive advantages in the marketplace."

    About Us:  PLKD is a corporation headquartered in Miami, Florida, which, through its operating subsidiaries, engages in the business of using proprietary technology and certain licensed technology to provide innovative mobile banking, mobility, and telecommunications solutions to underserved, unbanked, and emerging markets. PLKD's principal executive offices are located at 1111 Brickell Avenue, Suite 2200, Miami, Florida 33131, and its telephone number at that location is (800) 611-3622.  PLKD's web address is nextgroupholdings.com.  

    THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE. EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS"ESTIMATE", "ANTICIPATE", "BELIEVE", "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS CONTAINED IN THIS NEWS RELEASE INCLUDE STATEMENTS RELATING TO OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY.


    Contact:
    Next Group Holdings, Inc.
    Telephone: +1-800-611-3622
    info@pleasantkids.com

  • February 10, 2016
    Next Group Holdings Announces Schedule for Release of NEXTCALA Mobile Apps

    Next Group Holdings, Inc. (OTCQB: PLKD) announced today that it plans to release its NEXTCALA mobile applications for both Android and iOS in April 2016, through its subsidiary Next CALA, Inc. ("Next CALA") in partnership with InComm. PLKD owns 94% of the issued and outstanding shares of Next CALA, which is one of PLKD's four operating subsidiaries.

    Next CALA promotes and distributes NextCALA-branded Prepaid Visa® General Purpose Reloadable ("GPR") prepaid cards, bearing the Next CALA Debit™ and Visa® logos. Next CALA Prepaid Card® GPR cards are provided under licensing and operating agreements with prepaid industry-leaders IHFL and ITCFL, which are affiliated corporations and each of which is indirectly a wholly-owned subsidiary of InComm Holdings, Inc. and The Bancorp Bank pursuant to a license from Visa USA, Inc.  The Bancorp Bank is a member of the FDIC.  The Next CALA Prepaid Visa® GPR cards are distributed and serviced for Next CALA by ITC Financial Licenses, Inc.

    Customers can load between $20 and $500 per load into their Next CALA Prepaid Visa® GPR cards anywhere in the Vanilla Reload Network Nationwide, which includes more than 50,000 retail locations in the United States, including most Walmart, Walgreens, CVS, Dollar General, and 7-Eleven stores, and anywhere in the Mio Worldwide Network, which includes more than 450,000 locations throughout the world. Customers can also load cash value into their Next CALA Prepaid Visa® cards via automated bank-to-bank direct deposit. Next CALA Prepaid Visa® cards are accepted wherever Visa Debit® cards are accepted, and can be used for transactions including ATM withdrawals and other ATM functions, remittances, bill payments, mobile-banking, virtual digital wallet functions, and purchasing at retail locations, online, and over the phone, as well as ACH Direct Deposit. The maximum load amount permitted per registered Next CALA Prepaid Visa® card is $10,000. Each Next CALA Prepaid Visa® GPR card comes with a routing number and unique account number, is FDIC insured, and can be used anywhere the Visa® logo is accepted.

    The NEXTCALA mobile application will give users access to mobile banking and banking services 24 hours per day, 365 days per year. Users will be able to make mobile to mobile payments, transfer funds to family and friends, and see all balances and transactions through the application. Users will not only have an easy way to do banking they will also earn points that can be redeemed towards long distance calls either via voice or HD Video among other benefits via NEXTCALA Rewards program.

    About Us:  PLKD is a corporation headquartered in Miami, Florida, which, through its operating subsidiaries, engages in the business of using proprietary technology and certain licensed technology to provide innovative mobile banking, mobility, and telecommunications solutions to underserved, unbanked, and emerging markets. PLKD's principal executive offices are located at 1111 Brickell Avenue, Suite 2200, Miami, Florida 33131, and its telephone number at that location is (800) 611-3622.  PLKD's web address is nextgroupholdings.com.  

    THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE. EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS"ESTIMATE", "ANTICIPATE", "BELIEVE", "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS CONTAINED IN THIS NEWS RELEASE INCLUDE STATEMENTS RELATING TO OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY.

    Contact:
    NEXT Group Holdings, Inc.
    Telephone:
    +1-800-611-3622
    info@pleasantkids.com

    SOURCE Next Group Holdings, Inc.

BOARD OF DIRECTORS

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Arik Maimon
Founder, Chariman & CEO
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Michael De Prado
Founder, President & COO
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Adiv Baruch
Board Director
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Natali Dadon
Board Director