MIAMI, Aug. 17, 2015 (GLOBE NEWSWIRE) -- Next Group Holdings, Inc., a leading-edge technology and communications group that combines mobility and remittances into one global product, today announced that it has completed their merger with Pleasant Kids, Inc. (OTC:PLKD) on August 15, 2015.
In the coming weeks, the Company will be filing its articles of amendment to the State of Florida, and the corporate action application to FINRA. After receiving the necessary approvals, the Company will be changing the name to Next Group Holdings, Inc. ("NGH"). In addition, the Company will request a new trading symbol as part of the FINRA process to reflect the corporate name change and will disclose the new symbol as soon as possible.
"For the past 20 years, NEXT has focused on growing our portfolio of innovative products and unique assets, and this milestone is a direct result of us continuing to execute on our business plan," said Arik Maimon, CEO of Next Group Holdings, Inc. "NGH's move to the OTC Markets is just one of many such steps forward for the Company in 2015 and beyond. Our number one priority is the solid execution of our global products, which is going to build significant value for our shareholders in the near and long-term. NGH will be filing to lower its Authorized shares and will have 100 million outstanding. All public records, online portals will be updated to read as such."
About NEXT Group Holdings, Inc.
NEXT Group Holdings, Inc. is a leading-edge communications technology company focused on providing innovative mobility and remittances solutions for the emerging markets. The company operates primarily through its four subsidiary companies: M&M (100% owner of Next Mobile 360), Next CALA, and NxtGn holdings.
M&M is a state-of-the-art telecommunication long distance services provider, fully licensed and owns 100% of Next Mobile 360, a mobile virtual network operator (MVNO) that leverages its proprietary technologies as a foundation of the most reliable VoIP network in the world, allowing the company to deliver a cost-efficient and high-quality long distance services for HD voice and HD video to our customers. Next Mobile 360, through its decades-long alliance with Sprint, is one of the first MVNOs that were granted by Sprint in the sector over 20 years ago. For more information on M&M and Next Mobile 360, please visit www.nextmobile360.com. Visit the official Facebook page at facebook.com/pages/next-mobile-360.
Next CALA offers customers the ability to earn international long distance rewards by using the Next CALA GPR, creating a smarter way for customers to manage money and stay connected with friends and family at the same time. By using Next CALA rewards, customers can call directly to anywhere in the world. Next CALA, please visit www.nextcala.com.
NxtGn has developed with industry leader Cisco Systems a unique product called AVYDA powered by Telarix, an HD Telepresence platform that allows millions of people to connect using their Mobiles/Tablets and PCs devices into celebrities/talents/healthcare/education applications for collaboration services for both Android and iOS. AVYDA allows HD video conferences to connect point-to-multipoint, having 10,000 concurrent calls per session border control (SBC). For more information on NxtGn, please visit www.nxtgn.net. Read more about NxtGn with Cisco here: http://blogs.cisco.com/sp/cisco-helps-nxtgn-and-telarix-deliver-ipv6-enabled-video-solution
About Pleasant Kids Inc.
Headquartered in Fort Lauderdale, FL, Pleasant Kids is America's premier supplier of naturally balanced alkalized spring water, "healthy water" and all natural apple juice for children. The company features copyrighted mascot characters along with our national "Where Healthy Begins" campaign promotes a healthy lifestyle and educates children on the benefits of our products. Additionally, all the products are eco-friendly, BPA free, Non-toxic, No Bisphenol A, and No Phthalates. Pleasant Kids Inc. owns and operates Pleasant Kids EXTRA, Inc. EXTRA manages the intellectual copyrights to the characters and makes them available for select and limited business development, sponsorship opportunities and licensing deals.
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