CUENTAS INC.
MIAMI BEACH, FLORIDA

CUENTAS INC., Miami Beach
NEXT GROUP HOLDINGS, INC.

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. /PRNewswire/ - Investors often take positions in companies with pending litigation, hoping that a favorable judgment will load corporate coffers and provide a boon in market valuation. On "Redeemable" stock simply means that the company is going to buy the shares back. Within six months of the final resolution of the lawsuit, Next Group will redeem the Class D preferred stock at the greater of two defined prices. On the low end, should the litigation deliver an unfavorable result, the shares will be redeemed at par value, which is fixed at , President and COO of Next Group Holdings, confirmed that every brokerage house where NXGH stock is held is participating in the special dividend program. An interesting point to consider with the NXGH dividend is underscored by reports from BuyIns.net, a firm regarded as an expert provider of short-sale data. A from BuyIns.net states that shorts have been "aggressively shorting NXGH on a daily basis" with an average of 33.8% of daily trading volume being short selling. If naked shorting is happening, which is always difficult to prove, requiring manual certification of ownership to receive the dividend has the potential to expose the naked shorts. To participate in the upside of a cash redemption sent directly to a shareholder, Next Group Holdings has provided guidelines for receiving the dividend, including a simple form that must be submitted to a brokerage house to verify ownership of shares.  Interested parties can learn more about the special dividend by visiting the company's website ( ) and by reading the official press release on the dividend provided below. /CNW/ - Next Group Holdings, Inc. (OTCQB: NXGH) (the "Company") today announces a special dividend for shareholders. The Company has completed and filed requisite paperwork to issue a special dividend of one share of the new Class D Redeemable Preferred Stock for each share of NXGH common stock held. To receive the special dividend, NXGH shareholder need only to take the appropriate steps with their brokerage house to verify their position in the Company. , our Board of Directors created a new class of Preferred Stock. The Board also declared a special stock dividend consisting of our newly designated Class D Redeemable Preferred Stock. Pursuant to the dividend, the special stock dividend will be distributed to owners of the Company's common stock as of the record date in a ratio of one share of Class D Redeemable Preferred Stock for every 1 share of common stock owned as of the record date. The Company has set the record date as Next Group Holdings has provided the stockholder letter necessary to request the Class D preferred stock certificate from the Company free of charge at The complete 8-K regarding the dividend and new class of share filed with the Securities and Exchange Commission is available at: 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. /PRNewswire/ - Investors often take positions in companies with pending litigation, hoping that a favorable judgment will load corporate coffers and provide a boon in market valuation. On "Redeemable" stock simply means that the company is going to buy the shares back. Within six months of the final resolution of the lawsuit, Next Group will redeem the Class D preferred stock at the greater of two defined prices. On the low end, should the litigation deliver an unfavorable result, the shares will be redeemed at par value, which is fixed at , President and COO of Next Group Holdings, confirmed that every brokerage house where NXGH stock is held is participating in the special dividend program. An interesting point to consider with the NXGH dividend is underscored by reports from BuyIns.net, a firm regarded as an expert provider of short-sale data. A from BuyIns.net states that shorts have been "aggressively shorting NXGH on a daily basis" with an average of 33.8% of daily trading volume being short selling. If naked shorting is happening, which is always difficult to prove, requiring manual certification of ownership to receive the dividend has the potential to expose the naked shorts. To participate in the upside of a cash redemption sent directly to a shareholder, Next Group Holdings has provided guidelines for receiving the dividend, including a simple form that must be submitted to a brokerage house to verify ownership of shares.  Interested parties can learn more about the special dividend by visiting the company's website (

KEY FACTS ABOUT CUENTAS INC.

Company name
CUENTAS INC.
Status
Active
Filed Number
P05000130265
FEI Number
203537265
Date of Incorporation
September 21, 2005
Age - 19 years
Home State
FL
Company Type
Domestic for Profit

CONTACTS

Website
http://nextgroupholdings.com
Phones
(800) 611-3622
(305) 647-6497
(800) 550-9055
(800) 550-9058

CUENTAS INC. NEAR ME

Principal Address
235 Lincoln Rd.,
Miami Beach,
FL,
33139,
US

See Also

Officers and Directors

The CUENTAS INC. managed by the three persons from Miami Beach on following positions: Inte, President, CFO

Shalom A Maimon

Position
Inte Active
From
Miami Beach, 33139

Michael A De Prado

Position
President Active
From
Miami Beach, 33139

Ran Daniel

Position
CFO Active
From
Miami Beach, 33139





Registered Agent is AM LAW, LLC

Address
10743 SW 104th Street, Miami, FL, 33176

Events

March 23, 2023
AMENDMENT
January 28, 2021
AMENDMENT
August 21, 2020
AMENDMENT
August 8, 2018
AMENDMENT
August 6, 2018
AMENDMENT AND NAME CHANGE
July 21, 2016
AMENDMENT
June 29, 2016
AMENDMENT
December 28, 2015
MERGER NAME CHANGE
December 28, 2015
MERGER
January 4, 2016
ARTICLES OF CORRECTION
December 28, 2015
MERGER
November 20, 2015
AMENDMENT
April 28, 2015
AMENDMENT
March 18, 2015
AMENDMENT
February 25, 2015
AMENDMENT
December 9, 2014
AMENDMENT
October 7, 2014
NAME CHANGE AMENDMENT
October 3, 2014
REINSTATEMENT
September 26, 2014
ADMIN DISSOLUTION FOR ANNUAL REPORT
September 8, 2014
AMENDMENT
May 16, 2014
AMENDMENT
May 8, 2014
AMENDMENT
February 4, 2014
AMENDMENT
October 1, 2013
AMENDMENT
May 10, 2013
AMENDMENT
April 15, 2013
AMENDMENT
April 1, 2013
NAME CHANGE AMENDMENT
March 18, 2013
AMENDMENT
March 12, 2013
REINSTATEMENT
September 28, 2012
ADMIN DISSOLUTION FOR ANNUAL REPORT
January 22, 2010
CANCEL ADM DISS/REV
September 25, 2009
ADMIN DISSOLUTION FOR ANNUAL REPORT
July 15, 2009
AMENDMENT
January 14, 2008
REINSTATEMENT
September 14, 2007
ADMIN DISSOLUTION FOR ANNUAL REPORT

Annual Reports

2023
February 6, 2023
2022
September 16, 2022