Next Group Holdings Signs Letter of Intent to Acquire AZUGROUP, an $11 Million Annual Revenue Company

Proposed acquisition anticipated to create synergistic enterprise with substantial cost savings, opening pathway to market penetration and profitability. MIAMI, April 06, 2017, NXGH, (GLOBE NEWSWIRE) Next Group Holdings, Inc. (OTCQB:NXGH) (the Company ) announced today that it has signed a Letter of Intent (“LOI”) to acquire AZUGROUP, a leader in the plastic/paper debit, credit, gift card and financial card industries. “AZUGROUP’s production, technology, and logistics capabilities are anticipated to lower Next Cala, CUENTAS, and MIO® product costs significantly, providing for
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