Greenfield Farms Food, Inc. (OTCPK:GRAS) (“Greenfield”) entered into a letter of intent agreement to acquire Automotive Muffler Technology Business of Ngen Technologies USA, Corp. on November 27, 2017. As of January 4, 2018, Greenfield Farms Food, Inc. (OTCPK:GRAS) signed an asset purchase agreement to acquire Automotive Muffler Technology Business of Ngen Technologies USA, Corp. As part of consideration, Greenfield will issue 500 shares of the Company’s Series E Preferred Stock to Clifford M. Rhee and 500 shares of the Company’s Series E Preferred Stock to Edward Carter. The consideration also includes the issuance of 1,000 shares of Series F Preferred Stock of Greenfield issued to Clifford Rhee. The Series E Preferred Stock in the aggregate is convertible into 85% of the issued and outstanding common stock of the Company, on a post conversion basis. Clifford M. Rhee is appointed as Chairman of the Board of Directors of Greenfield, and Ronald Heinemann will resign as Chief Executive Officer, Chief Financial Officer and Secretary of Greenfield and will appoint two new Board members, to be nominated by the N-Gen Technologies. Jason Koo appointed as Chief Executive Officer, Clifford Rhee as Chairman and interim Chief Financial Officer. David Lithwick appointed as Chief Technologies Officer and Edward Carter was appointed to the Board of Directors and Secretary of the Greenfield. The transaction is expected to close on or before January 8, 2018.