Greenfield Farms Food, Inc. (OTCPK:GRAS) entered into and executed a share exchange agreement to acquire Ngen Technologies USA Corp. from a group of shareholders on June 26, 2019. Under the terms of the transaction, an aggregate of 1000 shares of the series E Preferred Stock of Greenfield Farms Food were paid to the shareholders as consideration. Prior to the transaction, Clifford Rhee and Edward Carter were each the holder of 500 shares of Series E Preferred Stock of Greenfield Farms Food. The shareholders, as a group, own 100% of the series E preferred stock and the executive officers and directors of Greenfield Farms Food, as a group, now own 990 of their series E preferred stock representing 99% of their issued and outstanding shares of Series E Preferred Stock. The series E Preferred Stock is convertible into 85% of the common stock of Greenfield Farms Food under certain terms and conditions. Upon completion of the share exchange pursuant to the Share Exchange Agreement, NGEN became the wholly owned subsidiary of Greenfield Farms Food. Greenfield Farms Food, Inc. (OTCPK:GRAS) cancelled the acquisition of Ngen Technologies USA Corp on August 5, 2019.