SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
HAZEL CLIFF

(Last) (First) (Middle)
6000 FAIRVIEW ROAD
12TH FLOOR

(Street)
CHARLOTTE NC 28210

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
08/03/2005
3. Issuer Name and Ticker or Trading Symbol
NewGen Technologies, Inc [ NWGN.OB ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 10,000,000(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. While the Reporting Person has not engaged in any transactions in the Issuer's securities since becoming a director and 10% owner that would obligate the Reporting Person to report a change in beneficial ownership on Form 4, it should be noted that the Reporting Person has subsequently pledged 5,000,000 of the 10,000,000 shares of the Issuer's Common Stock that he holds to Cornell Capital Partners, LP ("Cornell") pursuant to that certain Pledge and Escrow Agreement, dated January 24, 2006, by and among the Reporting Person, the Issuer and Cornell in order to secure the obligations of the Issuer under that certain Securities Purchase Agreement, dated of even date therewith by and between the Issuer and Cornell.
/s/ Cliff Hazel 02/27/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.