Next Group Holdings Announces New Global CFO

MIAMI, January 31, 2018 /PRNewswire/ --

Next Group Holdings, Inc. (OTCQB: NXGH) announced today that Michael Naparstek has joined Next Group Holdings, Inc. as its global Chief Financial Officer after serving as the Lead Engagement Partner if its Independent Registered Accounting Firm the last two years. In addition, Michael's role was as the Firm's assurance practice leader and oversaw the quality of the accounting and auditing practice; monitored SEC, PCAOB and FASB developments; and was responsible for its policies and procedures.

With more than 35 years of experience, Michael has developed considerable expertise encompassing SEC regulations, accounting, auditing, business forecasting, mergers and acquisitions, due diligence, management consulting, and internal quality control. Michael assisted numerous clients with the intricacies of becoming publicly traded and with the myriad issues faced by today's SEC registrants, including capital raising, stock compensation, and revenue recognition.

Michael also served as CFO of a dot.com which went public, via an IPO, and as Director of Technical Accounting and Financial Reporting for a New York Stock Exchange air cargo company.

Michael is a former Vice-Chair of the Florida Institute of Certified Public Accountants' Accounting Principles and Auditing Standards Committee.  Prior to joining the Firm, Michael spent 7 years at a Top 20 New York City-based national accounting firm as Partner in the National Office, as well as a Director in a Big 4 accounting firm's National Risk and Assurance Office.

Michael is a member of the American Institute of Certified Public Accountants (AICPA), a former member of the Florida Institute of Certified Public Accountants (FICPA), (Former Vice-Chair of the Accounting Principles and Auditing Standards Committee), and holds the CGMA Designation (Chartered Global Management Accountant).

About Next Group Holdings, Inc. 
Next Group Holdings, Inc. (OTCQB: NXGH) is a corporation headquartered in Miami, Florida, which, through its operating subsidiaries, engages in the business of using proprietary technology and certain licensed technology to provide innovative mobile banking, mobility, and telecommunications solutions to underserved, unbanked, and emerging markets.  Learn more at http://www.nextgroupholdings.com

THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE. EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS"ESTIMATE", "ANTICIPATE", "BELIEVE", "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS CONTAINED IN THIS NEWS RELEASE INCLUDE STATEMENTS RELATING TO OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY.

Contacts:
NXGH Investor Relations:                                    
Dave Gentry
RedChip Companies Inc.
[email protected]
+1-407-491-4498    

for Next Group Holdings, Inc.:
Paul Gendreau
PGPR
[email protected]
+1-678-807-7945

SOURCE Next Group Holdings, Inc.