EX1A-6 MAT CTRCT.4 25 newgeneration_ex64.htm AGREEMENT FOR SATISFACTION newgeneration_ex64.htm

EXHIBIT 6.4

 

New Generation Consumer Group, Inc.

7950 E. Redfield Road, Unit 210

Scottsdale, Arizona 85260

 

May 5, 2025

 

Via E-Mail: balessi@alphamodus.com

 

William Alessi

Managing Member

JanBella Group, LLC

20311 Chartwell Center Drive, Suite 1469

Cornelius, North Carolina 28031

 

 

Re:

Agreement for Satisfaction of Judgment in the Amount of

$214,733.00 (plus interest) (the “Judgment Amount”) Corporate

Ads.com, LLC v. New Generation Consumer Group, Inc.,

Third Judicial Circuit of Michigan, Case No. 18-001271-CB

 

Dear Mr. Alessi:

 

This letter is to confirm the oral agreement of our company, New Generation Consumer Group, Inc., a Delaware corporation (the “Company”), and your company, JanBella Group, LLC (“JanBella”), made with respect to the satisfaction of the Default Request, Affidavit, Entry, and Judgment (the “Judgment”) entered in the captioned case (the “Case”) and currently owned by JanBella. A true and correct copy of Judgment is attached hereto as Exhibit A and made a part hereof.

 

Specifically, it is our agreement that, in full satisfaction of the Judgment and the Judgment Amount, the Company shall make the following cash payments to JanBella, as follows:

 

 

(a)

May 2, 2025, the amount of $5,000.00;

 

(b)

June 1, 2025, the amount of $5,000.00;

 

(c)

July 1, 2025, the amount of $5,000.00;

 

(d)

August 1, 2025, the amount of $5,000.00;

 

(e)

September 1, 2025, the amount of $5,000.00;

 

(f)

October 1, 2025, the amount of $5,000.00;

 

(g)

November 1, 2025, the amount of $5,000.00; and

 

(h)

December 1, 2025, the amount of $5,000.00.

 

All payments required hereunder shall be sent by wire transfer, as follows:

 

BANK

United Community Bank

125 Highway 515 East

Blairsville, Georgia 30512

Routing Number: 061 112 843

 

BENEFICIARY

JanBella Group, LLC

20013 Callaway Hills Lane

Davidson, North Carolina 28036

Account Number: 200076451

 

 

 

 

William Alessi

Managing Member

May 5, 2025 – Page 2

 

Any payment due on a date that is a day on which banks in the State of New York are closed shall be due on the next day on which such banks are open.

 

There shall be a five-day grace period with respect to each required payment. It is our specific agreement that, should the Company fail to make any payment required hereunder prior to the close of business on the fifth day immediately following the applicable due date, (1) this agreement shall terminate, (2) JanBella shall retain all payments made by the Company as liquidated damages and (3) the Judgment shall return to its full status as it existed immediately prior to the mutual execution of this agreement.

 

Following the Company’s full satisfaction of this agreement, JanBella agrees to execute such documents as may be reasonably requested by the Company to demonstrate such full satisfaction hereof.

 

If JanBella is in agreement with the foregoing, please sign below and return a fully executed copy of this letter to the undersigned at jacob@sigappco.com.

 

Sincerely,

 

NEW GENERATION CONSUMER GROUP, INC.

 

 

By:

/s/ Jacob Di Martino

 

 

 

Jacob Di Martino

 

 

 

Chief Executive Officer

 

 

AGREED AND ACCEPTED:

 

JANBELLA GROUP, LLC

 

 

By:

/s/ William Alessi

 

 

 

William Alessi

 

 

 

Managing Member

 

 

 

 

 

William Alessi

Managing Member

May 5, 2025 – Page 3

 

EXHIBIT A

 

 

 

 

 

 

 

William Alessi

Managing Member

May 5, 2025 – Page 4