| Title | NGMC | ||
| Country | United States |
Next Generation Media Corporation was incorporated in the State of Nevada in November of 1980 as Micro Tech Industries Inc., with an official name change to Next Generation Media Corporation in April of 1997. The Company, through its wholly owned subsidiary, United Marketing Solutions, Inc., provides direct marketing products, which involves the designing, printing, packaging, and mailing of public relations and marketing materials and coupons for retailers who provide services. Sales are conducted through a network of franchises that the Company supports on a wholesale basis. At March 31, 2006, the Company had approximately 48 active area franchise operations located throughout the United States.
Next Generation Media Corporation strategy is to acquire properties that are distressed, undervalu ed or underutilized and acquire them at below fair market value. The Company will then provide long term leases to leading natural gas, oil field development firms and coal extractors to efficiently extract the resources.
The Company’s initial acquisitions will focus on properties that are primarily located in regions of Devonian shale in the Appalachian Basin of the Eastern United States. Devonian shale has proven reserves of natural gas, coal and oil. Devonian shale gas is becoming a major source of natural gas in the U.S.. New technologies in horizontal drilling and hydrologic fracturing are significantly improving the recovery efforts of natural gas. . In addition, advancements in coal mining technologies will improve productivity, reduce costs and improve safety.
On February 10, 2010 the Company executed an option to acquire 6615 acres of natural gas and oil rights in Knox County Kentucky. These properties are located directly in one of the most prolific natural gas, oil and coal regions in the Appalachian Basin.

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