Next Group reaches agreements with 4 convertible note holders in buy back of notes

Next Group Holdings, Inc. (OTCQB: NXGH) has signed definitive agreements with four separate finance groups that hold an aggregated value of USD713,250.00 in convertible notes, the company said.

The company has reached agreements with Cerberus Finance Group, Ltd., LG Capital Funding, LLC, Mountain Ranch partners, Inc. and Quorum Holdings, LLC to buy back the remaining convertible notes.

The note amounts are: USD131,250 for Cerberus Finance Group, Ltd., USD357,000 for LG Capital Funding, LLC, USD100,000 for Mountain Ranch partners, Inc. and USD125,000 for Quorum Holdings, LLC.

NXGH engages in proprietary technology to provide innovative mobile banking, mobility and telecommunications solutions to underserved, unbanked, and emerging markets.